Trump's tariffs have already cost Ford $1B; now it's planning layoffs

Bubba T

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From the article:

Ford will be making cuts to its 70,000-strong white-collar workforce in a move it calls a "redesign" of its staff to be leaner, have fewer layers, and offer more decision-making power to employees, the company announced.

All I read here is that they aren’t replacing positions and the employees that are left are doing the job of multiple people without any additional pay.
 
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