A businessman, standing while holding a briefcase, looks up at a chart on a wall that indicates interest rates are rising.
Retirement-eligible salaried employees at Ford were warned and advised about retiring this year to maximize a lump sum pension payment. The company confirmed Wednesday that approximately 1,000 employees elected to retire by the Dec. 1 deadline. “You have sown much, and bring in little; You eat, but do not have enough; You drink, but you are not filled with drink; You clothe yourselves, but no one is warm; And he who earns wages, Earns wages to put into a
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