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Ford to cut 1400 jobs or 10% of its work force amid weak demand

Most new car sales are in the slump and aren't moving well. They are getting really jittery if feds move up the rate making lending even more expensive and buying even less appealing.
 
The march towards basic income is like a snowball at the top of a mountain. It eventually accelerates into an avalanche. This story is just one more pound of ice coalescing into something bigger than itself. It's part of the vicious cycle. As workers become poorer, there's less disposable income... less purchasing... more workers laid off due to weak demand. This trend has no stopping point. The "free market" is slowly but surely cutting all workers.

Value of labor has been under assault for 40+ years. Automation is the coup d'état at the end of the line. You ain't seen nothing yet.
 
Jaskalas said:
The march towards basic income is like a snowball at the top of a mountain. It eventually accelerates into an avalanche. This story is just one more pound of ice coalescing into something bigger than itself. It's part of the vicious cycle. As workers become poorer, there's less disposable income... less purchasing... more workers laid off due to weak demand. This trend has no stopping point. The "free market" is slowly but surely cutting all workers.

Value of labor has been under assault for 40+ years. Automation is the coup d'état at the end of the line. You ain't seen nothing yet.
Click to expand...

Put down the crack pipe. The auto industry is cyclical, and always has been. This is the downturn that we've been waiting for - because we've had record profits for the last 14 quarters. Your desperation to attribute it to anything else is just sad.

Don't get me wrong. I believe a basic income is a good idea. But you just look stupid when you grasp at straws. Part of the reason Ford has been so successful is because they've committed themselves to constantly rightsizing. Yes - that means laying off people when you don't have the sales, like any other corporation would do. It's also nice because you get rid of the poor performs and keep the good ones, and by-and-large it's tough for companies like Ford to fire people outright because of lawsuits.

Disclosure: I work for Ford in manufacturing so I know a wee bit about it.

In addition, many companies won't actually cut 10% - they'll take unfilled positions and eliminate them. I.e. - they'll get rid of openings and move other people around. Ford is trying to improve the stock price because the 'investors' in Wall Street want non-stop growth for ever and ever and that's fucking impossible..... but they don't care and neither does the 'board of directors'.
 
Lots of companies rethink their staffing. Last month Wal-Mart eliminated 1000 home office jobs, 300 of which were IT jobs.
 
who? said:
Lots of companies rethink their staffing. Last month Wal-Mart eliminated 1000 home office jobs, 300 of which were IT jobs.
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Walmart is under fire from multiple directions and they have no choice but to revamp their operations. Their 5 newest DC's mimic Amazon utilizing automation akin to their amazonrobotics (formerly Kiva Systems) eliminating human workers in favor of cost effective machines to maximize savings.

Keep watching how the German supermarket chain Aldi is expanding into traditional supermarket chain territories because they have a cost advantage. Win Dixie is in trouble again from this extra market pressure and is closing stores in an attempt to reduce losses. Our economy is in transition and I for one am glad that I am educated.😀
 
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How typical to see the usual cadre of simpletons remarking on an article, the link for which they haven't even clicked on. But when the OP makes a blatantly false title for the thread it contributes to these situations. 10% of its workforce - no. 10% of its salaried staff - yes, spread among the North American and Asia Pacific regions. Out of touch people evidently think Ford employs 14,000 people.

Is TDS to blame?
 
boomerang said:
How typical to see the usual cadre of simpletons remarking on an article, the link for which they haven't even clicked on. But when the OP makes a blatantly false title for the thread it contributes to these situations. 10% of its workforce - no. 10% of its salaried staff - yes, spread among the North American and Asia Pacific regions. Out of touch people evidently think Ford employs 14,000 people.

Is TDS to blame?
Click to expand...
Except for the minor detail someone already corrected the op and explained who was impacted. But hey don't let that get in the way of your rant.
 
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