Collaboration instead of competition the proposition for Thames Freeport
The boardroom at DP World’s London Gateway headquarters offers an absorbing panoramic view of the ...
CBS reports:
Ford Motor Co. is going through another round of white-collar job cuts as the company continues to reduce costs amid a transition to electric vehicles.
The company confirmed Tuesday that it was starting to notify several hundred engineers and other salaried employees that their jobs are being eliminated. The firings come after around 200 Ford contract employees were let go last week.
Spokesman T.R. Reid wouldn’t give a specific number of Ford jobs that are being cut this week, but said they are not nearly the scale of those made last summer when the company let go of 3,000 white-collar workers and another 1,000 contractors largely in the U.S.
Most of the cuts were in engineering, but all business units will see job cuts, Reid said.
The full post is here.
(Stock up +1%, middle outperforming the market.)
Asia-Europe ocean trades a nightmare scenario – 'unless you're a carrier'
Canadian government invokes 'red tape rule' to prevent rail strike
Flexport under fire as Peloton claims 'unfair D&D fees' cost it millions
News Podcast | May 2024 | Container shipping: a riddle, wrapped in a mystery, inside an enigma
Maersk draws up contingency plans for rail strike in Canada
A 'carrier-controlled market' as spot rates rise and capacity tightens
Carriers juggling capacity and port congestion 'taking us back to the dark days'
Comment on this article