Labor & Economic News Blog


Friday, October 21, 2005

Ford restructuring to affect all staff levels
Ford Motor Co . Chairman and CEO Bill Ford said Thursday that the automaker will not announce its upcoming restructuring until January, despite posting a bigger-than-expected loss today. Workers at all levels of the company, Ford said, would be affected by the cost-cutting plan, which will include health-care benefit changes and plant closings.

 



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