Ford Motor to slash its North American salaried workforce by 1,000 jobs

Anonymous sources said on Tuesday that Ford Motor Co. (NYSE: F) plans on slashing its North American salaried workforce by 1,000 jobs on Tuesday in the next phase of its restructuring program valued at £8.17 billion. The cost-cutting that was announced two years ago primarily targets its home market.   Ford opened about 1% down on Tuesday but recovered the entire loss on market open. It is now trading at £5.08 per share versus £2.98 per share in March when the impact of COVID-19 was at its peak. Wishing if you could invest in the stock market online? Here’s a