Ford's cutting 15,000 jobs, five plants and four cars from its lineup.
January 11, 2002 9:12 AM Subscribe
Ford's cutting 15,000 jobs, five plants and four cars from its lineup. Despite a record year in the auto industry, Ford is losing money and market share, leading to a massive restructuring plan to take effect within the next months. To show he's serious, Chairman Bill Ford Jr. said the company would turn a profit or he wouldn't get paid.
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