It’s the first of a wave of layoffs in the U.S. that is expected to hit 800 by the end of June and 7,000 worldwide by the end of August.
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Ford Motor Company says it’s cutting 7,000 jobs worldwide, including 2,300 in the United States. CNBC’s Phil LeBeau reports on the CEO’s restructuring plan.
Around 5,000 remain among the 31,000 total payphones in the U.K.