(Reuters) - The automaker, which posted a record loss of $12.7 billion
in 2006 and a loss of $282 million for the 2007 first quarter,
is in a four-year turnaround plan announced in 2006 that aims
to cut 16 plants and up to 45,000 jobs.
Ford spokeswoman Marcey Evans said on Thursday the
automaker has about 700 workers in its 'jobs bank' -- a program
that guarantees nearly full wages and benefits when the
automaker eliminates work or closes factories.
Read more at Reuters.com Bonds News
in 2006 and a loss of $282 million for the 2007 first quarter,
is in a four-year turnaround plan announced in 2006 that aims
to cut 16 plants and up to 45,000 jobs.
Ford spokeswoman Marcey Evans said on Thursday the
automaker has about 700 workers in its 'jobs bank' -- a program
that guarantees nearly full wages and benefits when the
automaker eliminates work or closes factories.
Read more at Reuters.com Bonds News
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