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turbinetree

(24,701 posts)
Wed Oct 10, 2018, 10:20 AM Oct 2018

Ford may have to cut 24,000 workers in midst of Trump trade war

By Dan Desai Martin - October 9, 2018

President Obama saved the auto industry, but Trump's policies are leading to layoffs and financial losses.

Trump’s trade war is also a war on American workers — including workers at iconically American companies like Ford.

Ford has already lost $1 billion thanks to Trump’s trade war, NBC News reports. And now the American automaker is looking at thousands of layoffs as part of a reorganization strategy.

The exact number of layoffs is unknown, but is estimated to be about 24,000 workers worldwide, according to a recent analysis from Morgan Stanley.

“Ford has already warned that President Donald Trump’s auto tariffs have impacted the company to the tune of $1 billion, and the president’s trade policies threaten to play havoc with Ford’s ongoing reorganization,” Ford CFO Bob Shanks told NBC News.

https://shareblue.com/ford-layoffs-24000-workers-trump-trade-war/


This libertarian freak and his libertarian assholes in congress and the senate, and now the courts are going to own this shit........................they created it now they are going to live, with...................we democrats did not create this shit................




November 2018 cannot get here fast enough................................vote

https://www.timeanddate.com/countdown/election?p0=263&iso=20181106T12&msg=2018%20Midterm%20Elections

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Ford may have to cut 24,000 workers in midst of Trump trade war (Original Post) turbinetree Oct 2018 OP
Will Trump subsidize them as well as the farmers? Arkansas Granny Oct 2018 #1
Ugh...my brother-in-law is hopefully not affected Roland99 Oct 2018 #2

Roland99

(53,342 posts)
2. Ugh...my brother-in-law is hopefully not affected
Wed Oct 10, 2018, 10:25 AM
Oct 2018

I think he's still a couple of people back from making permanent full-time at a parts distribution facility here in central FL.

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