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Ford CEO: US workers don't have to fear job cuts

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Ford CEO Jim Hackett said employees in the United States need not worry about job cuts, despite layoffs in Europe.

“I’m confirming that there’s no blue collar cuts in the offing,” Hackett said to Fox Business.

“So the promise to the folks in the factory floor is that we keep the economy strong, because that’s the issue that can threaten their employment … but the design of the business isn’t threatening that at all,” he added.

Read more from Fox Business.

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