Saturday, January 21, 2006

Ford cuts Deepen

Ford to Deepen cuts
25,000 to 30,000 Jobs - 10 plants
Bye Minivans - Hellow Fairlane


Ford announced that it is planning on increasing the scope of its cutbacks. 25-30,000 jobs will be cut over five years. Up to 10 plants will be closed.
Separately from the job announcement, Ford announced that it would be ending minivan production. The Ford Freestar and Mercury Monterey minivans will likely be replaced by a three-row vehicle along the lines of the Ford Fairlane concept car.

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