Ford to cut 30,000 jobs

Ford Motor Co, the second largest auto maker in the United States, is preparing to cut as many as 30,000 jobs and close 10 plants as part of a broad restructuring plan, the Detroit News reported Wednesday.
Ford had a total of 122,877 North American employees at the end of last year and 324,000 employees worldwide. The automaker has already cut 2,750 workers this year and outlined plans for slashing another 4,000 workers in the first quarter of 2006.

Xinhua