Monday, January 23, 2006

Bush BOOM!

This time the Bush IED economy blows up in the faces of Ford workers.

Plant Closings, Job Cuts Loom at Ford
DETROIT -- Ford Motor Co. employees are bracing for thousands of jobs cuts in North America as the company embarks on a new restructuring plan.

Ford was set to announce details of the plan Monday morning in Dearborn, Mich., home of the 103-year-old automaker's headquarters.

Ford has refused to release details of the plan, dubbed the "Way Forward," [!! at least it's not "The Great Leap Forward"] which is expected to include plant closings, product changes and cuts to Ford's salaried ranks. Ford has approximately 87,000 hourly workers and 35,000 salaried workers in North America.
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