Ford CEO tells employees - 'Time to bury' 2018, focus on doubling profit
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(Reuters) - Ford Motor Co Chief Executive Jim Hackett told employees late on Thursday the No. 2 U.S. automaker would not accept last year's "mediocre" results and said the company was aiming to nearly double its annual operating profit.Hackett made his comments in an email to employees that was seen by Reuters.Ford is restructuring its global operations, including recent plans to make cuts in Europe. It also has announced an alliance in commercial vehicles with Germany's Volkswagen , with plans..