Job Cuts

Ford to Lay Off 10% of Workers


Ford Motor Company (NYSE:F) is probably the most iconic American auto manufacturer in history. Yet, despite being the leading seller of trucks and SUVs—at a time when sales are soaring—Ford is expected to announce it will lay off 20,000 employees, which is about 10% of its global workforce. Of Ford’s 200,000 employees, half of them (more…)