Tag: Jim Hackett

Shareholders No Longer Riding Shotgun, Say American Automakers

<img data-attachment-id="1684824" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377.jpg" data-orig-size="1000,600" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="ford mustang chevrolet camaro" data-image-description=" Sergey Akhrameev/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-450×270.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-610×366.jpg” class=”aligncenter size-large wp-image-1684824″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-610×366.jpg” alt width=”610″ height=”366″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-610×366.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-75×45.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-450×270.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-768×461.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-120×72.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> This week, General Motors CEO Mary Barra and Ford CEO Jim Hackett were among 181 […]

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Hackett’s Axe Falls in Earnest As Ford Announces 7,000 Salaried Cuts

The steep white-collar job cuts that simmered on Ford’s back burner for a year have come into clear focus. In a letter to employees on Monday, CEO Jim Hackett announced the elimination of 7,000 salaried positions — some 10 percent of the automaker’s global workforce. The move, part of Ford’s $11 billion restructuring plan, also […]

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