FranzJoseph
December 8th, 2005, 03:22 AM
Remember when American's used to open industrial plants? Now Ford is following GM down the chute. 2 notes: 1.) GM announced the same number of cuts and then went on a hiring spree... in India. 2.) Several friends in the business tell me lots of Tiawanese, Maylasian and Indian agents are all over Detriot and Dearborn right now, hoping to hire ex-US-auto engineers to work in their countries. Some nations are serious about the future. America is not.
Four paragraphs from CNNMoney.com, link below. This sucks. PS: This means a lot of white babies will not be born if the past is any guide. White workers downsized by corporations downsize the future too.
NEW YORK (CNNMoney.com) - Ford Motor Co. plans to close at least 10 plants and cut 25,000 to 30,000 hourly jobs in North America within five years, according to a published report Wednesday.
The Detroit News, quoting people familiar with the plan, said the deep cuts will be presented to the Ford board of directors for consideration Wednesday. It will not be revealed to the public until Jan. 23, according to the paper.
The cuts are much deeper than earlier reports, which initially had Ford closing as few as three assembly plants and cutting only about 7,000 positions.
Ford spokesman Oscar Suris would only tell the paper, "Our work continues. These plans will be final when they're ready to be shared publicly."...
http://money.cnn.com/2005/12/07/news/fortune500/ford_plantclosings
Four paragraphs from CNNMoney.com, link below. This sucks. PS: This means a lot of white babies will not be born if the past is any guide. White workers downsized by corporations downsize the future too.
NEW YORK (CNNMoney.com) - Ford Motor Co. plans to close at least 10 plants and cut 25,000 to 30,000 hourly jobs in North America within five years, according to a published report Wednesday.
The Detroit News, quoting people familiar with the plan, said the deep cuts will be presented to the Ford board of directors for consideration Wednesday. It will not be revealed to the public until Jan. 23, according to the paper.
The cuts are much deeper than earlier reports, which initially had Ford closing as few as three assembly plants and cutting only about 7,000 positions.
Ford spokesman Oscar Suris would only tell the paper, "Our work continues. These plans will be final when they're ready to be shared publicly."...
http://money.cnn.com/2005/12/07/news/fortune500/ford_plantclosings