- Wed May 17, 2017 7:59 pm
Ford has confirmed it plans to cut 10 percent of its salaried workforce in North America and Asia in a bid to cut expenses and mitigate the impact that falling auto sales are having on the company’s profitability.
The company will achieve its goal by offering generous early retirement incentives and through "voluntary" buyouts. The plan will affect close to 1,400 employees and completed by October. It won't affect hourly workers.
Long over due correction in the market is all it is with the DOW.
It's not that what you say is wrong, it simply a matter of perspective.
Walter E. Williams, professor of economics at GMU, stated "Government income redistribution programs produce the same result as theft. In fact, that's what a thief does; he redistributes income. The difference between government and thievery is mostly a matter of legality