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Ford Delays Raises, Possibly Until Next Year

Executive Summary

Ford Motor Co. reportedly will delay raises to 47,500 salaried employees in the U.S. and Canada until Aug. 1 from the previously set date of July 1. There is also a strong possibility raises may not be granted before next year, says The Detroit News. In an e-mail sent to Ford employees June 10, Chief Operating Officer Nick Scheele said raises would be granted on the condition the U.S. economy and







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