Monday, January 23, 2006
BLACK MONDAY
Ford to Cut 25,000 to 30,000 Jobs and Idle 14 Facilities by 2012 As Part of Restructuring
By DEE-ANN DURBIN AP Auto Writer
The Associated Press
DEARBORN, Mich. - Ford Motor Co., the nation's second-largest automaker, said Monday that it will cut 25,000 to 30,000 jobs and idle 14 facilities by 2012 as part of a restructuring designed to reverse billion-dollar losses in North America.
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National Debt
On August 15, 1935, Wiley Post, the first pilot to fly solo around the world, and American humorist Will Rogers were killed when Post's plane crashed on takeoff from a lagoon near Point Barrow, in Alaska.