Detailed text transcripts for TV channel - CNN - 20170516:08:58:00
Since 2011. profits for u.s. companies up about 15% this quarter. while the trump administration calls on u.s. automakers to add jobs, ford announcing plans to cut 20,000 jobs worldwide. that's about 10% of its global staff, not insignificant. this is according to a report in the "wall street journal" citing people familiar with the matter. ford isn't cutting staff on assembly lines, as union workers are protected. reportedly, these are salaried workers without union protection that will be fired. ford would not confirm or deny this report to cnn, saying only that becoming lean and efficient...
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