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BUSINESS ALERT
from The Wall Street Journal


Jan. 11, 2002

Ford Motor Co. announced a broad restructuring program that cuts 35,000 jobs
world-wide, closes five plants and slashes production by 16% in an effort to
restore profitability. Chief Executive William Ford Jr. also announced the
company would take a $4.1 billion restructuring charge for the fourth
quarter.

FOR MORE INFORMATION, see:
http://interactive.wsj.com/articles/SB1010758959555716440.htm


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