Ford finds buyer for Brazil plant, but new owner could cut 1,300 jobs

September 3, 2019 admin Business News Comments Off on Ford finds buyer for Brazil plant, but new owner could cut 1,300 jobs

Brazilian automaker CAOA reached an initial agreement to buy Ford Motor Co’s plant in Sao Bernardo do Campo, the companies said on Tuesday, but CAOA could slash 1,300 jobs, according to the union representing the plant’s workers.

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Source:: Reuters – Business News