It’s about time Ford is doing the right thing.
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Ford Dearborn reorganization may include LL5's & LL'6s moving down to GSR grades. Oh My!!!
Grim predictions - 25K layoffs possible:
https://www.zerohedge.com/news/2018-12-03/ford-could-cut-25000-jobs-during-planned-restructuring
https://www.thestreet.com/investing/ford-restructuring-layoffs-could-dwarf-gms-analysts-14799084
Ford Restructuring, Layoffs Could Dwarf GM's
Ford's to-be-announced plant closures and layoffs could be more than double that of GM's, say Morgan Stanley analysts.
If you think General Motors Corp.'s recent announcement about factory closings and layoffs was huge, wait until Ford Motor Co.'s (F) restructuring plans are revealed.
That's according to Morgan Stanley analysts, who in a research note on Monday indicated that Ford's restructuring is likely to be "more extensive" than GM's (GM) -- and could involve laying off tens of thousands of employees globally.