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Ford Motor Company announced in 1926 that it would move to a five-day, 40-hour work week. This came after the company announced it would pay male factory workers $5 pe r eight-hour workday in 1914 .
The eight-hour day was a concession to the workers' and soldiers' soviets, and was unpopular among industrialists. A 12-hour day was reintroduced by a right-wing government during the occupation of the Ruhr and subsequent hyperinflation crisis in 1923. The Labour Ministry eventually shortened wages in the late 1920s.
History of Ford Motor Company. The Ford Motor Company is an American automaker, the world's fifth largest based on worldwide vehicle sales. Based in Dearborn, Michigan, a suburb of Detroit, it was founded by Henry Ford on June 16, 1903. Ford Motor Company would go on to become one of the largest and most profitable companies in the world.
The Henry Ford II World Center, also commonly known as the Ford World Headquarters and popularly known as the Glass House, [1][2] is the administrative headquarters for Ford Motor Company, a 12-story, glass-faced office building [3] designed to accommodate a staff of approximately 3,000. The building is located at 1 American Road at Michigan ...
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Henry Ford II [13] September 21, 1945. November 9, 1960. 6. Robert McNamara [13] November 9, 1960. January 1, 1961. The first non-Ford family member to be president. Left to become Secretary of Defense after just two months.
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William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chair of Ford Motor Company. The great-grandson of company founder Henry Ford, Ford joined the board in 1988 and has served as chair since January 1999. [1][2] Ford also served as the president, CEO, and COO until turning over those roles to former Boeing ...