Ford Motor Co. is preparing to cut as many as 8,000 jobs in the coming weeks as the automaker tries to boost profits to fund its push into the electric-vehicle market, according to people familiar with the plan. Chosen excerpts by Job Market Monitor. Read the whole story @ Ford Job Cuts: 8,000 Roles Set to … Continue reading
Ford Motor Co. (F:US)’s Russian joint venture is cutting about 950 jobs at two factories in response to the falling ruble and deteriorating demand in the country. A car plant run in partnership with OAO Sollers near St. Petersburg will eliminate about 700 positions as it drops a work shift in June, John Gardiner, a … Continue reading
Ford Motor Co. (F) plans to add 11,000 jobs in the U.S. and Asia in 2014, with more than half of those hires coming in the latter region where the company is scheduled to open two factories. Ford plans to hire about 6,000 people in Asia, most of them as hourly employees, according to a … Continue reading
Ford will add 350 jobs and invest $150 million at a US stamping plant as part of a major expansion of its capacity, the automaker said Thursday. The investment will be used to upgrade equipment at its Buffalo, New York facility and the new jobs will support a third shift of production. Ford said it … Continue reading
A $700-million investment by Ford will secure more than 2,800 jobs at the firm’s Oakville plant Continue reading
Ford will hire 3,000 salaried employees – 800 more than previously expected – this year to continue its product momentum and new growth Continue reading
Car manufacturer Ford announced today it will stop making vehicles in Australia in 2016 and axe 1,200 jobs, having produced its first car in the country in 1925. Ford Australia chief executive Bob Graziano made the announcement as he revealed a loss of 141 million Australian dollars ($136 million) after tax in the last financial … Continue reading
Pent-up demand for new vehicles, along with a rebounding economy and a surging stock market, is bringing car buyers out in droves. On Wednesday, Ford Motor said it will add an additional 200,000 units of annual capacity this year — almost the equivalent of opening another assembly plant in North America. The extra capacity at … Continue reading
Ford Motor Co., has become the latest automaker to go on a hiring binge in the U.S.. Ford said it plans to hire 2,200 salaried workers in the U.S. this year – the largest increase in new salaried workers in more than a decade. The news comes on the heels of General Motor’s announcement Thursday … Continue reading
Laid off Ford workers in Windsor and St. Thomas have until Dec. 14 to decide whether to apply for close to 400 jobs that will be opening up early next year at the automaker’s operation in Oakville, Chris Taylor, president of CAW Local 200, said Thursday. As part of the a preferential hiring program, Ford … Continue reading
Ford Motor Co. (F) has hired more than 2,000 entry-level factory workers this year so far, lowering its overall manufacturing costs, a Ford manufacturing executive said. The new hires represent the first wave of workers paid an entry-level wage that is about $10 per hour lower than the existing workers. The so-called second-tier wage was … Continue reading
Ford Motor Co’s (F.N) Australian unit announced plans on Tuesday to cut up to 440 jobs, or about 15 percent of its workforce, and slash production by almost 30 percent to cope with a slide in popularity of its top model, the Falcon. Australian car manufacturers have enjoyed solid sales over the past year despite … Continue reading