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Ford is laying off 7,000 people, 10% of its total workforce

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So much for President Trump’s promise that car companies were going to reinvest in the United States. Today Ford Motor Co. announced that 7,000 employees around the company will lose their jobs as part of an organizational revamp.

As a result, 500 Ford workers in the United States are being let go this week, the company says, and another 300 will be laid off this coming August. In total, the car........

© Fast Company