Photo: Ryan Garza ~ USA TODAY NETWORK
DEARBORN, Feb. 20, 2025 ~ As part of cost-cutting measures, Ford Motor Co. is cutting back on middle manager stock bonuses.
It was revealed Wednesday that about half of these middle managers won’t be getting these bonuses, with senior bosses told to pick who does or does not receive them. Ford’s stock has fallen by about 23% in the last 12 months, lagging behind other automakers like General Motors.
PODCAST:
Feb. 20, 2025 ~ Ford is cutting costs by withholding stock bonuses from about half of its middle managers to boost performance amidst pressure to compete with rivals. Bloomberg Auto Business reporter Keith Naughton joins Lloyd Jackson and Jamie Edmonds to discuss the external pressures from competitors and potential tariffs.
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