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Are you surprised? You shouldn’t be if you have a basic understanding of economics.
Ford announces plan to lay off workers after tariffs cost them $1B
Are you surprised? You shouldn’t be if you have a basic understanding of economics.
Ford announces plan to lay off workers after tariffs cost them $1B
......fail on the Kavanaugh 'Herman Cain'ing......back to FEAR-MONGERING'.......Are you surprised? You shouldn’t be if you have a basic understanding of economics.
Ford announces plan to lay off workers after tariffs cost them $1B
Are you surprised? You shouldn’t be if you have a basic understanding of economics.
Ford announces plan to lay off workers after tariffs cost them $1B
Lol this is hilarious. How about you read the last line of your own article?Now the real story ..
Ford planning job cuts as part of reorganization plan
Ford planning job cuts as part of reorganization plan
GETTY IMAGES
BY JUSTIN WISE
TWEET SHARE EMAIL
Ford Motor Company is planning to cut some of its staff over time as the company begins to reorganize its salaried workforce to become a more fit business.
NBC News reported on Monday that the plans are part of Ford's $25.5 billion reorganization plan that intends to cut costs by, among other things, making its staff leaner and reducing layers.
"A lot of the [reorganization] is about making different choices about strategy," Chief Financial Officer Bob Shanks told NBC News.
A spokesperson for Ford told The Hill that the exact amount of employees that will be cut as part of this move is unknown. But a report from Morgan Stanley estimated a "global headcount reduction of approximately 12 percent" of its 202,000 workforce around the world, according to NBC.
But a report from Morgan Stanley estimated a "global headcount reduction of approximately 12 percent" of its 202,000 workforce around the world, according to NBC.
"Such a magnitude of reduction is not without precedent in the auto industry," the analysts wrote in the investment note, NBC News noted.
The automaker has lagged behind competitors in sales and has also been adversely impacted by Trump's steel and aluminum tariffs, according to NBC.
Lol oh you mean like what corporations in general do? In this case, they cited the tariffs as a reason. If the tariffs were helping, why would they pretend otherwise!Are you surprised? You shouldn’t be if you have a basic understanding of economics.
Ford announces plan to lay off workers after tariffs cost them $1B
Imagine that, Ford has a tendency to lay off workers often.
Ford's '20,000' layoff number — cited by Challenger's jobs report — is wildly inaccurate
Ford Expected to Temporarily Lay Off Thousands of Workers At Michigan Plant
Ford to lay off 2,000 workers at Michigan plant for Ranger, Bronco retooling
Ford Laying Off 130 Workers in Ohio on Softer Demand for Work Trucks
Ford wants to lay off 380 workers from Louisville Assembly Plant
Lol this is hilarious. How about you read the last line of your own article?Now the real story ..
Ford planning job cuts as part of reorganization plan
Ford planning job cuts as part of reorganization plan
GETTY IMAGES
BY JUSTIN WISE
TWEET SHARE EMAIL
Ford Motor Company is planning to cut some of its staff over time as the company begins to reorganize its salaried workforce to become a more fit business.
NBC News reported on Monday that the plans are part of Ford's $25.5 billion reorganization plan that intends to cut costs by, among other things, making its staff leaner and reducing layers.
"A lot of the [reorganization] is about making different choices about strategy," Chief Financial Officer Bob Shanks told NBC News.
A spokesperson for Ford told The Hill that the exact amount of employees that will be cut as part of this move is unknown. But a report from Morgan Stanley estimated a "global headcount reduction of approximately 12 percent" of its 202,000 workforce around the world, according to NBC.
But a report from Morgan Stanley estimated a "global headcount reduction of approximately 12 percent" of its 202,000 workforce around the world, according to NBC.
"Such a magnitude of reduction is not without precedent in the auto industry," the analysts wrote in the investment note, NBC News noted.
The automaker has lagged behind competitors in sales and has also been adversely impacted by Trump's steel and aluminum tariffs, according to NBC.
How bout you USE YOUR BRAIN. A reorganization of this scale is something that takes eons to plan and structure. Not something that happens as a result of a brand new cost that is only temporary in nature.Lol this is hilarious. How about you read the last line of your own article?Now the real story ..
Ford planning job cuts as part of reorganization plan
Ford planning job cuts as part of reorganization plan
GETTY IMAGES
BY JUSTIN WISE
TWEET SHARE EMAIL
Ford Motor Company is planning to cut some of its staff over time as the company begins to reorganize its salaried workforce to become a more fit business.
NBC News reported on Monday that the plans are part of Ford's $25.5 billion reorganization plan that intends to cut costs by, among other things, making its staff leaner and reducing layers.
"A lot of the [reorganization] is about making different choices about strategy," Chief Financial Officer Bob Shanks told NBC News.
A spokesperson for Ford told The Hill that the exact amount of employees that will be cut as part of this move is unknown. But a report from Morgan Stanley estimated a "global headcount reduction of approximately 12 percent" of its 202,000 workforce around the world, according to NBC.
But a report from Morgan Stanley estimated a "global headcount reduction of approximately 12 percent" of its 202,000 workforce around the world, according to NBC.
"Such a magnitude of reduction is not without precedent in the auto industry," the analysts wrote in the investment note, NBC News noted.
The automaker has lagged behind competitors in sales and has also been adversely impacted by Trump's steel and aluminum tariffs, according to NBC.
Tariffs are just BS. they do nothing, really.
Jail the bastids who outsource, problem solved.
But, mega Crapitalists, think outsourcing is the solution, not the problem.
Boot them to jail. If you respect America, the American worker, then you don't deserve rights, plain, and simple.
Gotta love morons who fall for the fake news trap AGAIN AND AGAIN AND AGAIN...Tariffs are just BS. they do nothing, really.
Jail the bastids who outsource, problem solved.
But, mega Crapitalists, think outsourcing is the solution, not the problem.
Boot them to jail. If you respect America, the American worker, then you don't deserve rights, plain, and simple.
Got to love you big government statist that want the government to control where companies conduct their business and make their products.
Gotta love morons who fall for the fake news trap AGAIN AND AGAIN AND AGAIN...Tariffs are just BS. they do nothing, really.
Jail the bastids who outsource, problem solved.
But, mega Crapitalists, think outsourcing is the solution, not the problem.
Boot them to jail. If you respect America, the American worker, then you don't deserve rights, plain, and simple.
Got to love you big government statist that want the government to control where companies conduct their business and make their products.
A reorganization of a company this large does no happen in anticipation of a temporary financial setback and would also take longer to organize that the time that has elapsed since the tariffs were put into effect. Meaning the plans for reorganization started....BEFORE THE TARIFFS
Tool
Lol oh really? Lefties have a habit of defending corporations when they say government policy is to blame for their business issues? You’re hysterical lol.Automakers have mismanaged their company's for decades. Rather than admitting their own stupid decisions are killing them they play pin the tail on the scapegoat and you dumbfucks fall for it EVERY SINGLE TIME
