Detailed text transcripts for TV channel - CNN - 20190521:08:46:00
Ford is cutting 7,000 jobs worldwide. this affects salaried staff will begin to be notified of cuts starting today. the job cuts will be completed by the end of august. about 2,400 o. jf the job cuts in north america. 1,500 will be eliminated by a buy out. ford aims to save 600 million bucks a year. the president's tariffs on aluminum have added a billion dollars in costs a year for ford. it's not just the trade landscape. the car business is changing faster than ever before. last year ford committed to spending $11 billion to restructure its business hoping to boost sales overseas and focus m...
Source: archive.org