Ford intends to lay off 3,000 workers!

4:12 PM 22 August 2022

Of recent note, the Ford Motor (F.US) company has confirmed its intention to lay off 3,000 employees at its subsidiaries in the US, Canada and India. The process will begin September 1, and affected employees were notified this week. Ford's stock is under additional pressure today following a verdict ordering it to pay a $1.7 billion fine. At issue is an accident in which a married couple died.

Source: xStation 5

Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits