Friday, November 25, 2011

Ford Motor Company (NYSE:F) Cutting Spanish Jobs

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tdp2664 E money daily Ford Motor Company (NYSE:F) has decided to lay off about 4000 workers in Spain temporarily. Ford Motor Company (NYSE:F) Cutting Spanish Jobs The auto maker giant Ford Motor Company (NYSE:F) has proposed temporary layoffs for 4,000 of its 6,200 workers at its Spanish assembly plant in Valencia. Ford Motor Company (NYSE:F) spokesman Jose Perez said, "The company wants the workers to stay home for 39 days between January and October of next year. The division has started talks with unions to negotiate terms of the temporary layoffs." Ford Motor Company (NYSE:F) company shares are currently standing at 9.83. Price History Last Price: 9.83 52 Week Low / High: 9.05 / 18.97 50 Day Moving Average: 10.9 6 Month Price Change %: -31.2% 12 Month Price Change %: -37.7%



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