Alan Mulally
It will be lower cash flow output.
Amy Wilson - Automotive News
Okay all right, thanks.
Operator
Your next question comes from the line of Sarah Webster representing The Detroit Free Press. Please proceed.
Sarah Webster – The Detroit Free Press
Hi good morning. Our readers here are most curious about the job cuts. I wonder if you could elaborate on when the 10% reduction, whether it will be voluntary or involuntary, and when employees will know whether or not they will be keeping their jobs?
Alan Mulally
It will be involuntary and it will be by the end of January and part of that will be attrition, too Sarah, so it will be a mixture.
Sarah Webster – The Detroit Free Press
Will that cut be concentrated in North America?
Alan Mulally
Yes.
Sarah Webster – The Detroit Free Press
Will it all be in North America?
Alan Mulally
Yes.
Lewis Booth
That 10% is specific to North America. The program we described is separate. |