Ford, the world's largest automobile company, is committed to restructuring $ 11 billion and said that 70,000 employees will be able to work at anytime. Morgan Stanley Morgan Stanley reports that Ford has a global presence of about 2,02,000 employees and will eliminate at least 20,000 employees. No explanation does not explain whether the Ford company is the result of a financial disadvantage or failure in any of the projects. The restructuring of Ford's spokesman Karen Hampton said that the reconstruction of the administration has been initiated and that the decision to reduce staff was unavoidable. Ford, the second largest automobile company in the United States, has reduced its profit margin for 2018. In September, Ford CEO Jim Hockett avoided the investor meeting as it launched not only $ 11 billion in construction work. The collapse Ford has launched several model cars in the country last month and has sold less than last year's General Motors and Toyota Motor Corp. Stocks fell by 27 percent. In the second quarter, profit declined to $ 1.07 billion
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