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New Ford chief doubles income

July 28, 2018
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Ford Motor will pay at least $20.5 million in the next year to its new chief executive, Alan Mulally, who overhauled Boeing’s commercial aircraft division but has never worked in the auto industry. (International Herald Tribune — 11 September, 2006)
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As Ford Motor Co. prepares to announce another huge restructuring plan, a key component has become clear — buyout and early retirement offers to the company’s entire U.S. hourly workforce of 75,000. (CNN — 15 September, 2006)
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The U.A.W. agreed on a program to offer buyouts of up to $140,000 each to all of Ford�s hourly workers in the U.S. (New York Times — 15 September, 2006)
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Ford said that it would cut 10,000 more salaried jobs, close two more factories and eliminate its stock dividend. (New York Times — 17 hours ago)
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Reeling from global competition and gas prices, company tries to shrink back to profitability. (Washington Post — 15 September, 2006)
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