Sorry if this was posted before, I can't see it. Looks like this can get much, much worse before it gets better. IF it ever gets better.
Bigger cuts expected: 23,000 more Ford layoffs needed, analysts say
https://www.freep.com/story/money/cars/ford/2019/05/21/ford-job-cuts-analysts/3754205002/
Last time that analyst talk we got a re-design. I assume we will see second re-design coming soon
Yhep...................... then it's regurgitated by some media personnel. Real professional - not. Anything to sell a story.
Guy in charge on Pennsylvania Ave was right.
This was bogus reporting - simply the basic math of dividing the delta between announced future profit goals and the average cost of a salaried head. In other words, it assumes that the only path to achieve the future state is through salaried cost reductions, ignoring all other cost reductions as well as plans for profit improvement in out products.
Not worth even reading . . .
My guess if there is any merit to this offers will be presented when needed similar to the ones offered last May. After going through this catastrophe many will just cave and take the offer and do the deed for them.