The Ford Motor Co. logo stands at the Sutton Ford Lincoln car dealership in Matteson, Illinois, U.S. (Photographer: Daniel Acker/Bloomberg)

Ford Prepares to Cut Salaried Jobs in $11 Billion Restructuring

(Bloomberg) -- Ford Motor Co. has told its 70,000 salaried employees that they will face unspecified job cuts as part of the automaker’s $11 billion restructuring, a bid to reverse its fading fortu...

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