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Morgan Stanley Predicts Ford to Cut 25,000 Jobs in Overhaul
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Analyst’s projection exceeds reduction GM announced last week
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Company says it would be premature to publish specific figure
Ford's Restructuring Brings Job Cut Concerns
Ford Motor Co.’s $11 billion restructuring could cost 25,000 employees their jobs, exceeding the cutbacks General Motors Co. announced last week, according to Morgan Stanley.
Ford has yet to detail its job cuts, but Morgan Stanley analyst Adam Jonas predicts they could be larger than GM’s in a note to investors.
