Ford To Announce 25,000 Job Cuts
On a day when US and European auto stocks rallied following President Trump’s tweet that China might soon agree to reverse its tariffs on US-made cars, Morgan Stanley has published a report that further justifies the short-term bull case for autos while possibly infuriating President Trump. After Ford successfully spun its latest “restructuring” as a jobs-neutral, union-endorsed shifting of […]
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