Ford slashes 10,000 more jobs, 2 plants
AP - 1 hour, 28 minutes ago
DETROIT - Ford Motor Co. is cutting more than 10,000 additional salaried jobs, offering buyouts to all of its 75,000 U.S. hourly workers and shutting down two more plants in a plan to end financial losses and remake itself into a smaller, more competitive car company. The announcement from Ford came as Chrysler's parent said it would cut U.S. production through end of 2006 and follows big cutbacks at General Motors earlier this year.
AP - 1 hour, 28 minutes ago
DETROIT - Ford Motor Co. is cutting more than 10,000 additional salaried jobs, offering buyouts to all of its 75,000 U.S. hourly workers and shutting down two more plants in a plan to end financial losses and remake itself into a smaller, more competitive car company. The announcement from Ford came as Chrysler's parent said it would cut U.S. production through end of 2006 and follows big cutbacks at General Motors earlier this year.
More good times rolling!
Comment