FORD PLANS ‘SIG­NIF­I­CANT’ JOB CUTS IN EUROPE

USA TODAY US Edition - - MONEY -

Ford said Thursday it will cut hourly and salaried jobs in Europe as part of a “com­pre­hen­sive trans­for­ma­tion strat­egy to strengthen its brand and cre­ate a sus­tain­ably prof­itable busi­ness in Europe.” It did not say how many jobs it would cut, not­ing that talks with unions are just start­ing.

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