Shares of Ford Motor Co. F rose 0.2% in morning trading, after The Wall Street Journal reported that the automaker plans to cut at least 1,000 jobs in North America. Citing people familiar with the matter, the layoffs, which will include salaried employees and contract workers, are part of Ford’s effort to help pay for its investment in electric cars.
... Shares of Ford Motor Co. F rose 0.2% in morning trading, after The Wall Street Journal reported that the automaker plans to cut at least 1,000 jobs in North America. Citing people familiar with the matter, the layoffs, which will include salaried employees and contract workers, are part of Ford’s effort to help pay for its investment in electric cars.
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