Ford Workers Upset About Plant Closures
Mark Gilmore moved with his teenage son from Ohio to Georgia 18 months ago in a quest for more stable work at the Ford Motor Co. assembly plant outside Atlanta. Now, he's regretting the decision after the automaker announced Monday it is shuttering the plant along with 13 other facilities in a major cost-cutting move. Ford Slashing Up to 30,000 Jobs by 2012
DEARBORN, Mich. -- Ford Motor Co., the nation's second-largest automaker, said Monday that it will cut 25,000 to 30,000 jobs and idle 14 facilities by 2012 as part of a restructuring designed to reverse a $1.6 billion loss last year in its North American operations. Ford expected to announce 25,000 job cuts Monday
Ford Motor Company will Monday announce 25,000 job cuts and several plants closures but analysts warn even this drastic move will not make the automaker's North American operations profitable again.
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