On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1590 AM Coldwater, Michigan 95.5 FM Coldwater, Michigan

Weather

Current Conditions(Coldwater,MI 49036)

More Weather »
45° Feels Like: 39°
Wind: NNW 13 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Showers Late 44°

Tomorrow

AM Rain 58°

Sat Night

Mostly Clear 41°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Ford announces job cuts in Europe

by
Ford Logo (Reuters)
Ford Logo (Reuters)

DEARBORN (WKZO) -- In an effort to reduce costs in Europe, Ford Motor Company has announced the elimination of several hundred salaried jobs.

A buyout program is being offered by the automaker which is expecting to lose as much as one-billion dollars in Europe this year.  Sales there contribute about one-quarter of Ford's overall revenue world wide.

The company's third quarter financial numbers are expected to be released  next month.  The total number of jobs has not been determined as the company begins with voluntary buyouts for employees.

Comments