Ford has struggled mightily in the past few years to get its stock price moving. The company's shares are trading below where they were better than four years ago despite continued progress with respect to sales and operating profits. The lack of forward movement in the stock price is all the more frustrating considering that US auto sales continue to soar and yet, the automakers' stocks have been laggards. But Ford reportedly has a new plan to reduce staff in a big way; is this the shot in the arm Ford needs to get the stock moving?
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Wednesday, May 17, 2017
Ford To Cut Jobs Worldwide
Ford has struggled mightily in the past few years to get its stock price moving. The company's shares are trading below where they were better than four years ago despite continued progress with respect to sales and operating profits. The lack of forward movement in the stock price is all the more frustrating considering that US auto sales continue to soar and yet, the automakers' stocks have been laggards. But Ford reportedly has a new plan to reduce staff in a big way; is this the shot in the arm Ford needs to get the stock moving?
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