Ford slashes 10,000 more jobs
Ap, Detroit
Ford Motor Co. said Friday that it plans to cut 10,000 more salaried jobs, offer buyouts to all of its US hourly workers and shut down two more plants as it expands its restructuring plan designed to rein in expenses and restore the struggling automaker to profitability.The company said in a news release that it would also shutter a stamping plant in Maumee, Ohio, in 2008 and an engine plant in Essex, Ontario, in 2007. That is in addition to previous plans for 14 plant closures.
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