DETROIT -- Ford's $11 billion restructuring could cost 25,000 employees their jobs, with Europe bearing the brunt of the cuts, according to Morgan Stanley.
DETROIT -- Ford's $11 billion restructuring could cost 25,000 employees their jobs, with Europe bearing the brunt of the cuts, according to Morgan Stanley.
The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.