Ford buyouts swell, but outlook remains dire: up to 38,000 U.S. workers will take the deal to leave; more cash bleeding is seen
Article Abstract:
Although up to 38,000 Ford Motor Co. workers ( 44% of the company's hourly North American workforce), are expected to accept a buyout offer, the company remains in financial difficulty. Ford, which plans to restructure, is projecting a loss of over $10 billion this year.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
Forecasts, trends, outlooks, Motor Vehicles and Equipment, Ford Motor Co., Transportation equipment industry, F, Company business forecast/projection, Company forecasts, Automotive industry, Downsizing
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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GMAC slashing jobs in auto-finance area
Article Abstract:
In an effort to reduce operating expenses, lender GMAC announces it will close loan offices and reduce personnel in the U.S. and Canada. Article discusses recent financial losses and corporate restructuring in the auto-financing sector.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
United States, Canada, Plant shutdown, Consumer Lending, Personal credit institutions, Consumer Finance Institutions, Human resource management, Consumer finance companies, Company personnel management, General Motors Acceptance Corp., Facility closures
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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Subjects list: United States, Finance, Company financing
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