News Videos
World
International Edition

Friday

September 22, 2017

Breaking News, World News and Taiwan News.
About Us
E-Newsletter
Advertise
Contact Us

Ford Motor's Russia joint venture cuts about 950 jobs due to drop in sales

AP--Ford Motor Co. says its Russian joint venture is cutting 950 jobs due to falling sales and the declining value of the ruble. The automaker says that Ford Sollers will cut 700 jobs at its plant in St. Petersburg and an estimated 250 temporary employees in Tartarstan. The reductions affect about 19 percent of its 5,000-person workforce in Russia.

Ford, based in Dearborn, Michigan, has a long history in Russia.

 

 

 

 

 

 

 

 

MOST POPULAR OF THIS SECTION
Advertise  |   RSS Feed  |   About Us  |   Contact Us
Home  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |  
Arts & Leisure  |   Health  |   Editorial  |   Commentary Travel  |   Movies  |   Guide Post  |   Terms of Use  |  
  chinapost search