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Ford to Slash Up to 30,000 Jobs by 2012 (AP)

23rd Jan 2006, 19:54 GMT

AP - Ford Motor Co., the nation's second-largest automaker, said Monday that it will cut 25,000 to 30,000 jobs and close 14 facilities by 2012 as part of a restructuring designed to reverse a $1.6 billion loss last year in its North American operations.

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