UPDATE 2-Ford cuts earnings outlook, jobs, as sales slump

Newswire

(Adds analysts' comment, details throughout, byline) By Tom Brown DETROIT, June 21 (Reuters) - Ford Motor Co. slashed its full-year earnings outlook on Tuesday and said it was planning more job cuts and belt-tightening measures to offset its slumping U.S. vehicle sales. The second-largest U.S. automaker, which has warned that its core automotive operations may not be profitable this year, said its full-year profit outlook was being cut to a range of $1.00 to $1.25 per share, down from ...

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