Speculation swirls: Ford reportedly considers 30% cut in white-collar staff

[wyvrn]

Click

One of the big American automakers is flailing desperately.

 

[ElFenix]

hopefully it's in the bean counter department

 

[Compton]

So should we buy Ford stock or lottery tickets?

 

[Cattlegod]

it is not 30% cut in heads. it is a 30% cut in salaried expenses.

i.e. they will offer buy outs to ppl at or near 30 years, cut into heathcare, etc, etc, then if they only get say 25% of the 30% needed, they will start cutting into staff (middle management) for the last 5% will only be ~3% of the staff or so (management gets paid more than the general salary) to make up the last bits.

 

[foghorn67]

How about kicking the unions to the curb. Windsheild wiper installers shouldn't make more then the college educated plant supervisors.