Coronavirus Update: Ford Restricts Company Travel After Two Employees Confirmed To Have COVID-19
After two employees reportedly tested positive for the coronavirus, Ford (F) has restricted company travel to only essential operational needs through March 27.
Ford CEO Jim Hackett told employees that the company was “restricting all business air travel, internationally and in-country. For now, this ban is in effect until March 27 and we will revisit the decision weekly,” Reuters reported.
Ford reportedly said that exceptions to the travel ban “might include plant, supplier and marketing readiness for product launches.” Ford is expected to launch the Bronco 4x4 in March.
According to the news outlet, employees were also told by Hackett to “look out on your calendar at least 90 days and find creative ways to complete work without traveling or having people needlessly come to us.”
The automaker revealed that two of its employees in China have reportedly been confirmed to have the COVID-19, but are getting better. Over 93,000 confirmed cases of the coronavirus have been reported with over 3,100 deaths from the virus, according to the World Health Organization.
Shares of Ford stock were down 0.43% as of 10:51 a.m. EST on Wednesday.
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