Trump's tariffs already cost Ford $1B; now it's planning to layoff 24k. Is this why Trump ordered the release of the jobs report last week?
https://www.nbcnews.com/business/autos/trump-s-tariffs-have-already-cost-ford-1b-now-it-n917756
Trump and cons are dumb, Dems are the smart ones.
Ford was already in trouble before the tariffs.
Ford brand year-to-date sales in the US posted a 0.9% decline through August, driven almost entirely by a staggering 15.3% decline in its passenger car sales. That problem worsened during the months of July and August with a steeper 27% and 21% decline, respectively, compared to the prior year.
Fake news at its best. They hired a guy notorious for slashing the workforce. Ford just hired him in 2017 due to already poor performance. Read your own article.
Fake News
Ford was already losing money on its automobile line… They are making teh switch to produce only trucks now.
And how did tariffs "cost Ford a billion dollars?"
This is like saying "Obama's regulations cost America 32 billion dollars!" If you can't explain how, then the claim isn't work the 3 seconds of my time it takes to read.
It will get worse.
The " reorganization " at Ford was planned well before the tariffs due to sinking sales.
But spin on
The jobs report comes out the first Friday of every month, that's not new.
- Stocks fall on trade news, weak jobs report. Ford recalls trucks, SUVs over gear indicator. How's Trump going to try and spin this? Stocks fall because of his tariffs threat to China. He's not creating jobs like he claimed he would. Deregulation only hurts the consumers.
- If Ford really thought she was assaulted then why hasn't she contacted the Maryland police, they said last week they would investigate? If she did. Wouldn't that have but a crimp in Kavanaugh's confirmation to be the subject of a criminal investigation for sexual assault? Why hasn't she reported it to the police?
- Ford Prepares for Mass Layoffs After Losing $1B to Trump's Tariffs. Is Trump purposely doing this because Obama saved the auto industry? Or is Donald Trump really this incompetent? http://fortune.com/2018/10/09/ford-stock-today-layoffs-trump-trade-tariffs/
- Ford 'll cut many 1,000 jobs by 2021.Ford says it has further 13,000 UK workers.Are these jobs at risk in no deal brexit? B in deal brexit? Ford 'll cut many 1,000 jobs by 2021.Ford says it has further 13,000 UK workers. Are these jobs at risk in no deal brexit? B in deal brexit?