Ford to cut 7,000 white collar jobs in global restructuring
No details regarding the impact on its Canadian workforce, but all North America restructuring to be wrapped up by June.
Ford plans $14B in cost cuts as part of new CEO Hackett’s strategy
Plan is to reduce material costs by $10 billion by 2022 through new deals with suppliers and simpler designs.
Ford taps former office furniture executive to be new CEO
Has to balance needs of the future, such as driverless technology, with traditional vehicle business.