[ad_1]
(Reuters) -Ford Motor Co is preparing to cut up to 8,000 jobs in the coming weeks in a bid to reduce costs and intensify its focus on electric vehicles, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Ford officials could not be immediately reached for comment.
The majority of the job cuts are expected to be among Ford’s salaried ranks in the United States, where the company employs about 31,000 salaried workers, the report said. (https://bloom.bg/3aTY7TW)
Shares of Ford were up 1% in afternoon trade.
In the pursuit of clean, safe drinking water, the role of water purification systems cannot…
Determining the cost of physiotherapy can be an essential factor when you're seeking treatment to…
In today's digital age, mobile applications have become indispensable tools for businesses looking to engage…
When gambling at the casino, it is essential to know which games offer the highest…
Online casinos are a type of gambling whereby players wager on different games utilizing digital…
Forex prop trading firms have become an increasingly popular part of the financial industry. These…