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Old 10-26-2012, 07:15 AM   #1
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Default Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

Hey, don't shoot the messanger.....

Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

"North American companies have announced plans to eliminate 62,600 positions at home and abroad since Sept. 1, the biggest two-month drop since the start of 2010, according to data compiled by Bloomberg. Firings total 158,100 so far this year, more than the 129,000 job cuts in the same period in 2011."

Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump - Yahoo! Finance

Ssshhhh...it's the election!
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Old 10-26-2012, 08:27 AM   #2
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Default Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

Jeep, an Obama favorite, looks to shift production to China | WashingtonExaminer.com
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Old 10-26-2012, 08:30 AM   #3
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Default Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

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Originally Posted by PatriotsReign View Post
Hey, don't shoot the messanger.....

Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

"North American companies have announced plans to eliminate 62,600 positions at home and abroad since Sept. 1, the biggest two-month drop since the start of 2010, according to data compiled by Bloomberg. Firings total 158,100 so far this year, more than the 129,000 job cuts in the same period in 2011."

Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump - Yahoo! Finance

Ssshhhh...it's the election!
Whoever wrote that headline ought to be among them. "Ford to Dow?"
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Old 10-26-2012, 08:33 AM   #4
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Default Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

This must mean that the executives have not been doing a good job. I am sure we will see big cuts in their compensation. What's that? Laying off people will ensure that they still get big bonuses?

Sales are up: CEO is a genius, pay him double.
Sales are down: CEO is a genius for cutting payroll, pay him double.

I can't figure out why we aren't as economically competitive as we used to be.
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Old 10-26-2012, 08:39 AM   #5
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Default Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

ford runs a pretty tight ship. they managed just fine without being involved in obama's saving of the auto industry. the reason why they were able to pull that off is because they obviously don't have a problem being up front about their personnel changes.

if Ford is going through this, GM is going through this......but I can guarantee that GM won't say a thing until after the election.....why? because the obama presidency owns GM.....a massive layoff at GM now would literally pull the plug on obama.
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Old 10-26-2012, 08:40 AM   #6
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Default Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

Duped again by the right wing spin machine... knew this story had to be wrong, a free right wing rag...

Sorry folks keep on believing the pablum are fed, and never check the veracity of the story.. if is sounds too good to be true it usually is.

If Willard had his way they would have gond bankrupt, then Bain could have bought Chrysler/Jeep at rock bottom prices and then shipped production to China already...

Romney: Chrysler may move Jeep production to China | The Detroit News | detroitnews.com

Quote:
The Bloomberg story, though accurate, "has given birth to a number of stories making readers believe that Chrysler plans to shift all Jeep production to China from North America, and therefore idle assembly lines and U.S. work force. It is a leap that would be difficult even for professional circus acrobats," Chrysler spokesman Gualberto Ranieri said.

"Let's set the record straight: Jeep has no intention of shifting production of its Jeep models out of North America to China. It's simply reviewing the opportunities to return Jeep output to China for the world's largest auto market. U.S. Jeep assembly lines will continue to stay in operation."

The Bloomberg story, however, sparked the confusion in the first paragraph of the story, saying Chrysler planned to return Jeep output to China "and may eventually make all of its models in that country."
From The Detroit News: Romney: Chrysler may move Jeep production to China | The Detroit News | detroitnews.com
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Old 10-26-2012, 08:59 AM   #7
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Default Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

Chrysler is not really relevant given it is an Italian automaker. If they move all of their production offshore, it is not a political issue in the current election.

I'm still more interested in whether GM is going to file its quarterly report before the election.



Quote:
Originally Posted by DarrylS View Post
Duped again by the right wing spin machine... knew this story had to be wrong, a free right wing rag...

Sorry folks keep on believing the pablum are fed, and never check the veracity of the story.. if is sounds too good to be true it usually is.

If Willard had his way they would have gond bankrupt, then Bain could have bought Chrysler/Jeep at rock bottom prices and then shipped production to China already...

Romney: Chrysler may move Jeep production to China | The Detroit News | detroitnews.com

From The Detroit News: Romney: Chrysler may move Jeep production to China | The Detroit News | detroitnews.com
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Old 10-26-2012, 09:07 AM   #8
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Default Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

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Chrysler is not really relevant given it is an Italian automaker. If they move all of their production offshore, it is not a political issue in the current election.

I'm still more interested in whether GM is going to file its quarterly report before the election.
Apparently it was important to Triumph, who I was responding to..

Thanks for taking an interest, and following along...
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Old 10-26-2012, 09:08 AM   #9
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Default Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

Quote:
Originally Posted by IllegalContact View Post
ford runs a pretty tight ship. they managed just fine without being involved in obama's saving of the auto industry. the reason why they were able to pull that off is because they obviously don't have a problem being up front about their personnel changes.

if Ford is going through this, GM is going through this......but I can guarantee that GM won't say a thing until after the election.....why? because the obama presidency owns GM.....a massive layoff at GM now would literally pull the plug on obama.
Word

Obama back in means more bail out money for GM.

Dont kill the goose that laid the golden egg.
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Old 10-26-2012, 09:14 AM   #10
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Default Re: Firings Reach Highest Since 2010 as Ford to Dow Face Sales Slump

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Originally Posted by DarrylS View Post
Apparently it was important to Triumph, who I was responding to..

Thanks for taking an interest, and following along...
who cares who you were responding to? GM simply proves that obama is the idiot that people say he is
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