Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Ford Motor Co (NYSE:F) plans to slash about 3,000 salaried and contract jobs to concentrate on the electric vehicle business, Reuters reported.
- Most of the proposed jobs cuts will be in North America and India.
- Also View: Tata Motors Acquires Ford India's Sanand Plant For $91M
- CEO Jim Farley had previously hinted that the automaker required a different skill set for the industry shift to electric vehicles and digital services.
- Also Read: Ford To Contest $1.7B Verdict Over Pickup Truck Accident
- "We are eliminating work, as well as reorganizing and simplifying functions throughout the business," the report cited a joint email by Ford Chairman Bill Ford and CEO Farley.
- Recently, Ford has been aiming to catch up with rivals like Tesla, Inc (NASDAQ:TSLA) by scaling up its electric vehicle offerings.
- Related: Elon Musk Claps Back At Ford CEO's Tesla Pickup Truck Jab: Here's The Fight
- Price Action: F shares are trading lower by 5.29% at $15.05 on the last check Monday.
- Photo Via Company
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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