Thread regarding Ford layoffs

Thousands of UAW layoffs

https://www.freep.com/story/money/cars/ford/2021/01/28/ford-uaw-layoffs-plants-part-shortage/4289866001/

Doesn't hurt the laid off too bad, because they get almost full pay. However, if we aren't building and shipping the maximum number of vehicles, sales and revenue will suffer. General Motors isn't having supply chain issues, could it be that when you beat the suppliers down so far on price, you aren't first in line for products?

by
| 1863 views | | 1 reply (January 28, 2021) | Reply
Post ID: @OP+198c0xZh

1 reply

Will Ford finally stop paying a 50% premium in compensation over its non-US States based competitors? Put more on design and materials and less on the obviously inferior labor! Ford can't compete internationally with American made cars anymore, and every other company has US made cars so tariffs have long stopped helping. This is the first step towards recovery. Second is bankruptcy and getting rid of the debt like GM and Chrysler did during the financial crisis so Ford can jettison the rest of the negotiated contracts dragging down the company.

by
| | Reply
Post ID: @dtu+198c0xZh

Post a reply

: