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Fotd announces layoff of 7,000 whitecollar workers world wide.

Discussion in 'Political Opinions & Beliefs' started by 61falcon, May 20, 2019.

  1. 61falcon

    61falcon Well-Known Member

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    Ford has just announced it will be laying off some 7,000 of it's world wide white collar work force, in preparation for what it sees as it's position in future world auto sales.
     
    61falcon, May 20, 2019
    #1
  2. 61falcon

    61falcon Well-Known Member

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    Approximately 2,300 of the layoffs will be in the USA accomplished by both buyouts and layoffs.SHOULD SAY FORD IN THE TITLE NOT FOTD.
     
    61falcon, May 20, 2019
    #2
  3. ronv

    ronv Well-Known Member

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    I wonder if they wish they had waited to dump the car business now that Trump stopped the steel tariffs.
     
    ronv, May 20, 2019
    #3
  4. 61falcon

    61falcon Well-Known Member

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    Sedans and coupes weren't big sellers, that's why both Ford and GM dropped them to concentrate on SUV's and trucks.
     
    61falcon, May 20, 2019
    #4
  5. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    Lack of market knowledge and a keyboard close at hand can be a bad thing for lefties.
     
    Jestsayin, May 20, 2019
    #5
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  6. ronv

    ronv Well-Known Member

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    Yeah, I get that. But you don't throw away 30% of your business if your making money on it.
     
    ronv, May 20, 2019
    #6
  7. 61falcon

    61falcon Well-Known Member

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    Obviously they felt it was costing more than they were making.
     
    61falcon, May 20, 2019
    #7
  8. Bluesguy

    Bluesguy Well-Known Member Donor

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    They're top heavy and going in another direction. And they have more competition with more coming when the new Toyota/Mazda plant opens in Huntsville in two years.
     
    Bluesguy, May 20, 2019
    #8
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  9. 61falcon

    61falcon Well-Known Member

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    Will that Toyota plant happen now that Dirty Donald has begun tweeting against them???
     
    61falcon, May 20, 2019
    #9
  10. ronv

    ronv Well-Known Member

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    Obviously.
    But you have to wonder how much the tariffs on steel and electronics played into the timing of it.
     
    Last edited: May 20, 2019
    ronv, May 20, 2019
    #10
  11. Texas Republican

    Texas Republican Well-Known Member Past Donor

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    SUV's??? Gas guzzlers?

    This won't go over well in liberal land. Unless it's a Volvo or Suburu ...
     
    Texas Republican, May 20, 2019
    #11
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  12. 61falcon

    61falcon Well-Known Member

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    Americans love their big gas guzzling SUV's and trucks.
     
    61falcon, May 20, 2019
    #12
  13. HTownMarine

    HTownMarine Well-Known Member Past Donor

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    I love mine.

    14mpg driving from Indy to Louisville this weekend.

    Synthetic oil really helps.
     
    HTownMarine, May 21, 2019
    #13
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  14. Just A Man

    Just A Man Well-Known Member

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    Companies get top heavy over time, then they cut to the bone, it's a cycle like all other cycles. If you live long enough and pay attention to the business world you see it often. XYZ company has layoffs/firings -- ho hum.
     
    Just A Man, May 21, 2019
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  15. Ddyad

    Ddyad Well-Known Member

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    Ford is removing several layers of management - probably need to remove a more.
     
    Ddyad, May 21, 2019
    #15
  16. Bluesguy

    Bluesguy Well-Known Member Donor

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    It's happening now.
     
    Bluesguy, May 21, 2019
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  17. Bluesguy

    Bluesguy Well-Known Member Donor

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    I love my sports car which only gets 20!
     
    Bluesguy, May 21, 2019
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  18. Pipette8

    Pipette8 Well-Known Member

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    I know. :blowkiss:
     
    Pipette8, May 21, 2019
    #18
  19. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    If the government followed that plan we all would be better foo.
     
    Jestsayin, May 21, 2019
    #19
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  20. struth

    struth Well-Known Member

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    Ford and GM have a hard time competing with Toyota, Nissan, etc that are pulling into the United States and aren’t strap down with the UAW. Not surprised to see them make a proactive move like this
     
    struth, May 21, 2019
    #20
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  21. 61falcon

    61falcon Well-Known Member

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    Any auto manufacturers currently assembling vehicles in the USA pay very similar salaries to the much reduced UAW pay scale which were chopped way down considerably following the 2008 bailouts.
     
    61falcon, May 21, 2019
    #21
  22. TrackerSam

    TrackerSam Well-Known Member Past Donor

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    The Op said "white collar" staff, not the folks on the assembly line.
     
    TrackerSam, May 21, 2019
    #22
  23. ronv

    ronv Well-Known Member

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    I would say the design engineers are white collar.
    And closing Lordstown, blue collar.
     
    Last edited: May 21, 2019
    ronv, May 21, 2019
    #23
  24. 61falcon

    61falcon Well-Known Member

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    Vehicle prices have risen considerably since Dirty Donald began imposing his tariffs for all vehicles whether imported or domestic.
     
    61falcon, May 21, 2019
    #24
  25. Crownline

    Crownline Banned at Members Request

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    Damn! I got 12 in my duramax pulling a 14,500# trailer from Southern California to northern Idaho. Diesel is amazing stuff.
     
    Crownline, May 21, 2019
    #25

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