Monday, January 23, 2006

Yep!! The Economy is Great !!

Ford to Cut 25,000 to 30,000 Jobs by 2012
AP - 23 minutes ago

DEARBORN, Mich. - Ford Motor Co., the nation's second-largest automaker, said Monday that it will cut 25,000 to 30,000 jobs and idle 14 facilities by 2012 as part of a restructuring designed to reverse a $1.6 billion loss last year in its North American operations. The cuts represent 20 percent to 25 percent of Ford's North American work force of 122,000 people. Ford has approximately 87,000 hourly workers and 35,000 salaried workers in the region.

1 Comments:

Anonymous said...

Hi Tom,
Wonder how long it will be before you can't buy an American made car? Sondra

7:40 PM  

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