Labor & Economic News Blog
Friday, September 15, 2006
Ford to cut 10,000 salaried jobs
Ford to cut 10,000 salaried jobsAutomaker's restructuring plan also includes buyout offers, plant shutdowns. Ford Motor Co. said today that it plans to cut 10,000 more salaried jobs, offer buyouts to all of its U.S. hourly workers and shut down two more plants as it expands its restructuring plan designed to rein in expenses and restore the struggling automaker to profitability.
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