12:20 PM EDT, 10/31/2024 (MT Newswires) -- Ford Motor Company ( F ) Chief Executive Jim Farley has told employees that manager bonuses would be slashed to 65% of their total, Reuters reported Thursday, citing three people familiar with the matter.

Ford did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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