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Ford restructuring unveiled

DEARBORN, Mich., Jan. 11 (UPI) -- Ford Motor Co. Friday unveiled its long-awaited restructuring plan, which executives said involved some "hard decisions" to bring production in line with demand. Ford said it will reduce its payroll by 35,000 people -- 21,500 in North America, including 15,000 hourly employees -- and eliminate five plants.

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