Ford set to trim up to 13,000 more jobs: WSJ
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Ford Motor Co  is set to announce up to 13,000 new job cuts after agreeing with the United Auto Workers union on terms of the redundancies, The Wall Street Journal reported on Thursday.
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Ford Motor Co.  said on Friday it  will revamp three factories in Mexico over the next several  years as part of its North American restructuring plan.
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Ford Motor Co.  will offer buyout  packages of up to $140,000 to all of the more than 75,000  workers at its U.S. plants, the United Auto Workers union said  on Thursday, a day before the automaker details a revised  turnaround plan in response to slumping sales.
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Ford Motor Co.  said on Wednesday it estimates that its accelerated restructuring plan, announced in September, will cost $11.18 billion, with most of that going to programs to lay off employees.
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Motorola Inc.  plans to trim an additional 4,000 jobs this year, bringing the total cuts for 2007 to more than 11 percent of its work force, as the world's No. 2 mobile phone maker reduces costs to return to profitability.
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Ford Motor Co.  on Thursday said U.S. February vehicle sales fell 13 percent from a year earlier because of planned reduction of sales to daily-rental companies.
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Ford Motor Co.  said on Wednesday it estimates that its restructuring plan, dubbed "Way Forward," will cost the automaker a total of $11.18 billion, with most of that going to programs to lay off employees.
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Automaker Chrysler Group announced plans Wednesday to cut 13,000 jobs through 2009 as it attempts to stem rising losses.
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Ford Motor Co. on Friday announced sharp cuts in its North American production that would force it to partially shut down plants in the U.S. and Canada in the fourth quarter.
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Ford Motor Co.  will announce on  Wednesday a massive corporate restructuring that will lower  white-collar costs by 30 percent and include cutting jobs and  benefits, according to the online version of The Wall Street  Journal.
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Business News, DETROIT, General Motors Corp. and Ford Motor Co. said on Wednesday they would cut production more than expected after weak US sales in November, a move that analysts said could hurt profits.
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Ford Motor Co. announced Friday that it would eliminate 1,150 jobs in England to streamline its Jaguar Cars Ltd. unit, where weak sales have failed to offset spending on new products and other parts of the business.
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DEARBORN, Michigan  - Ford Motor Co.  is ahead of where it expected to be in reducing an overhang of excess production capacity at this point in its turnaround effort and has made "encouraging progress" in stabilizing its U.S. market share, a senior executive said on Friday.
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Ford Motor Co. F.N will present to   its board of directors on Wednesday a massive corporate   restructuring plan that will lower white-collar costs by 30   percent and include cutting jobs and benefits, according to the   online version of The Wall Street Journal.
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General Motors Corp.  and Ford Motor Co.  are expected to announce further cuts in vehicle production levels this week as they move to trim inventories of unsold cars and trucks following weak sales, analysts said.
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General Motors Corp. plans to reduce its U.S. work force by about 7 percent for a fourth consecutive year in 2005, chairman and chief executive Rick Wagoner said.
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Shares of Ford Motor Co. F.N rose  nearly 3 percent before the bell on Friday after the automaker  raised its profit forecast and set plans to cut 1,150 jobs at  its main Jaguar plant in Britain.