Insider Info: Ford shuts down 10am 1/23 to announce closings/layoffs

[Tyler Durden]

The people I work for are one of the largest non-Visteon Ford suppliers. It just came through the management grapevine (I WAS NOT SUPPOSED TO OVERHEAR THIS) that Ford will stop the assembly lines at 10 o'clock on Monday to announce which plants get closed, who and how many will get fired.

Sell that stock NOW. Or not. I don't own any.

[hatrack]

1. Do you think this will be enough to bring the Chimp out to speak?

Or does his staff not get information on news items of relatively little interest - y'know, little things like 25-30,000 high-wage jobs evaporating?

Can't wait to hear how strong our economy is! :eyes:

[jimshoes]

3. They cannot comment

on ongoing catastrophies.

[Tyler Durden]

5. I want to hear more about the 400K jobs Bushie made.

You know who the biggest buyers of domestic autos are?

DOMESTIC AUTO WORKERS. No workee, no buyee, no economee.

1977-1979: HERE WE COME!!!

[hatrack]

8. Also, isn't there a ratio of Big Three workers to supplier workers?

Something like 1 to 5, or 1 to 8?

So that 20,000 layoffs at Ford or GM actually mean something like 100,000 total layoffs in supporting industries.

[Tyler Durden]

11. CONGRATULATIONS!

You just won the cupie doll.

Think Detroit, Flint, Lansing and a dozen other cities in Ohio, New York, Pennsylvania, etcetera are going to just die quietly?

Ha.

[Deja Q]

10. Peak oil would be one of the main factors...

Pity the oil companies didn't do anything from the original crisis...

[ClintonTyree]

2. Anyone owning any Detroit auto maker's stock.........

needs to have a brain scan.

It's going to be a really shitty day for some Ford employees. I really feel for them and their families. Their hopes and dreams, down the crapper because of greed.

[ohio_liberal]

7. My granny owns a shitload of Daimler-Chrysler

Everyone in the family has told her to ditch it for something more productive but she's convinced it's A-Ok because my grandpa bought it 30 years ago. :(

[AX10]

12. sorry to hear that.

[snooper2]

4. If they found out you posted that..

you could get into deep shit :spank:

[Tyler Durden]

9. Look deeply into my eyes: see any concern?

Does it matter if I get fired today, next week, or next month?

And seriously: you think any of the brain-dead idiots I work for read this site? Shit, those stupid fucks are downstairs right now congratulating themselves that they bought stock in TOYOTA.

Can we say, TERMINALLY CLUELESS?

[snooper2]

14. lol

:)

[ozymandius]

6. Did Bush speak there recently, perhaps touting his economic miracles?

Typically that is the kiss of death for any company.

[jody]

13. Don't worry, * reclassified fast food workers as manufacturing so Ford's

layoffs will be balanced by new hires to assemble hamburgers, etc. :sarcasm: