Ford CEO Farley Says Automaker ‘Absolutely Has Too Many People’
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Ford Motor Co. Chief Executive Officer Jim Farley says his company has too many people, but he won’t say how many he plans to get rid of.
On a call with analysts to discuss Ford’s strong second-quarter earnings, Farley made it clear Wednesday that job cuts are coming. Bloomberg News reported earlier that the company is planning to slash as many as 8,000 salaried positions.