https://www.marketwatch.com/story/fords-restructuring-could-slash-more-jobs-than-gms-morgan-stanley-says-2018-12-03
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Now, Morgan Stanley has a spotty track record when it comes to covering Ford but here it goes anyway:
Ford Motor Co.’s restructuring would be “more extensive” than GM’s and could involve laying off tens of thousands of employees around the world, analysts at Morgan Stanley said in a note Monday.
The analysts used Ford’s planned expenses as part of their calculations and compared them to General Motors Co’s expenses in the latter’s planned restructuring announced last week.