General Motors has already announced plant closings and big job cuts. Ford could be next.
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GM's restructuring was tough. Ford's could be even harder
General Motors has already announced plant closings and big job cuts. Ford could be next. Ford (F) said this summer that it was planning to radically reshape its business, and could close or scale back unprofitable operations in some regions. It said it would spend up to $11 billion on the transformation.

