Ford announces great loses and that it's going to cut even more salary workers.
Ford Motor Co. says it lost $129 million in the third quarter as the struggling automaker burned up $7.7 billion in cash.The automaker also said Friday it will cut another 10 percent of its North American salaried work force costs as it tries to weather the worst economic downturn in decades.
And with both GM and Chrysler announcing a couple weeks ago that they both plan on cutting thousands of salary jobs too.
It's in the back of mind that it could be a year before I find a job.
I wonder who the hell is going to be left to actually do work, the janitors?
Posted by Quality Weenie at November 7, 2008 08:02 AM | TrackBack