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Amid Layoffs, Ford Replaces CEO
ResumeAfter announcing last week that it will lay off 10 percent of its salaried employees, Ford announced Monday that Jim Hackett will take over from Mark Fields as CEO.
Here & Now's Jeremy Hobson speaks with CBS News' Jill Schlesinger (@jillonmoney), host of "Jill on Money" and the podcast "Better Off," about what Ford is trying to accomplish with the leadership change.
This segment aired on May 22, 2017.