Ford is planning to cut 10 percent salaries of its employees

Ford will cut 7,000 jobs from its global salaried workforce, or about 10 percent of its 70,000 employees, the company announced on Monday. About 20 percent will be senior-level managers, which is part of an effort to flatten the company’s organizational structure. Eight hundred of the job cuts will happen in North America, with 500 of […]

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