By Leftlane Staff
Tuesday, Sep 12th, 2006 @ 10:50 am

Ford is planning to accelerate its massive job cutting efforts by four years, according to insiders cited by Bloomberg News. Ford aims to eliminate 30,000 jobs by 2008 instead of 2012 as announced in January, the sources said. “It makes a lot of sense,” said Dennis Virag, president of Automotive Consulting Group Inc. in Ann Arbor, Mich. “They know they need to cut back. It’s better to get it done sooner.” A Ford spokesman, Oscar Suris, said the Dearborn, Mich.-based company doesn’t comment “on speculation about our plans.”

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