Ford Cutting Lineup

[fixer]

Originally posted by Mr 5 0





I just can't get too upset over Ford dropping money-losing models in a recession and with the global competition they face, as well as the financial losses from the Firestone debacle.
I'm sorry for the laid-off workers but that's life. I've lost a few decent jobs when the company moved., downsized or folded a local division through mergers. Stuff happens.

I agree.

The lines they dropped sucked--period. With this "restructuring" Bill Ford Jr. is basically trying to de-Nasser the company.

Bill Ford i also taking NO salary at all and tying all of his compensation to stock performance.

He is also slowing down assembly line speeds. This by itself will increase quality.

He is also cutting production.

With these things it loosens up money that can be better spent making good cars and trucks even better in order to recapture lost market share. Ford will be concentrating on cars and trucks that face intense market pressures.

Ford isn't saging, they're taking it in the rear from Japan, Germany, DCX, and GM.

A good prtion of the jobs were not just cut and dry lay-offs; early retirement, contract buy-outs, severance packages etc were all part of the deal. Most of the cuts will be phased in and people have ample warning that they are on the chopping block. It sucks--but it could be way worse.

What would be the alternative, Let Ford go down Enron style?

Then EVERYONE is out of a job.