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Bulletin: Ford to cut 35,000 jobs, close five plants

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Mail From: (email redacted) (MustangKen)


> Bulletin: Ford to cut 35,000 jobs worldwide, close five plants
>
> As part of a huge restructuring, Ford Motor Co. plans to cut 35,000 jobs
> worldwide, close five plants and discontinue production of four models.
>
> computerworld.com/nlt/1%2C3590%2CNAV47_STO67315_NLTAM%2C00.html
>
> Discontinued low-margins models: The Mercury Cougar, Mercury Villager,
> Lincoln Continental and Ford Escort will be discontinued this year.
>
> Ford Motor Company is the world's second largest automaker, selling
vehicles
> in 200 markets and with approximately 345,000 employees on six continents.
> Its automotive brands include Aston Martin, Ford, Jaguar, Land Rover,
> Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include
> Ford Financial, Hertz and Quality Care.
>
>
media.ford.com/newsroom/release_display.cfm?article_id=10721&id=&art_
> ids=0&bn=1
>
> I don't see any reference to cutting support for NASCAR or any other
racing
> related activities....
>
> =Ken=


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