“Either way, some 50,000 U.S. Ford employees will leave the company over the next year, making this downsizing the biggest in the automaker’s 103-year history.”
That’s an awful lot of people, and Will poses the rational question:
“[Can] you can cut 50,000 and still be able to do your base job”
The announcement didn’t state specifics (AFAIK), but they’ll be replacing the necessary people with temps and part-timers – undoubtedly non-union.
The markets seem to like the news – up a few percent at the open. It’s been sad for me watching Ford fall apart over the years – hopefully this medicine will get the patient back on the mend.