Ford slashes manager stock bonuses to cut costs, boost performance

Ford CEO Jim Farley has told employees for years that Ford is undergoing a fundamental transformation to become leaner and more competitive. (FORD)

By:

Reuters Reuters

February 18, 2025 06:06 PM

About half the middle managers at Ford Motor will not get stock bonuses this year in what is seen internally as CEO Jim Farley’s latest attempt to cut the automaker’s bloated costs, according to six people familiar with the matter.

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