"At Ford, restructuring now Job 1"

Thread view:

Enable EMail Alerts

Start New Thread

Thread rating:

Mike - 18 Sep 2006 02:32 GMT

At Ford, restructuring now Job 1
When he stepped down this month as Ford Motor Co.'s president and chief
executive, Bill Ford Jr. acknowledged the ailing, 103-year-old
automaker must reinvent itself to survive in an increasingly
competitive industry.
at http://www.washtimes.com/specialreport/20060917-125351-6392r.htm

UAW softens attitude about cuts in Detroit
The Ford Motor Co's latest round of cuts is another serious blow to
organized labor, costing the United Auto Workers as many as 40,000
active members and millions of dollars in lost dues.
at http://www.washtimes.com/business/20060915-102825-3053r.htm

Reply to this Message

C. E. White - 22 Sep 2006 12:29 GMT

> UAW softens attitude about cuts in Detroit
> The Ford Motor Co's latest round of cuts is another serious blow to
> organized labor, costing the United Auto Workers as many as 40,000
> active members and millions of dollars in lost dues.
> at http://www.washtimes.com/business/20060915-102825-3053r.htm

This brings up an interesting thought (at least to me). Many people,
including myself, are highly critical of the excessive salaries failing
corporations pay to executives. But how about the bosses of failing unions?
The UAW has a large role in making the US auto companies non-competitive.
When will the UAW bosses pay be cut? Will the millions in lost dues
translate into lower pay for union bosses? Will the UAW have to cut back
it's bloated staff?

Ed

Reply to this Message