Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump's Trade Tariffs

Ford is having a bad year in 2018. Its stock is down 29%, and the tariffs imposed by President Trump have reportedly cost the company $1 billion, as the company is in the midst of a reorganization. Now, the company is announcing layoffs.

Jim Hackett, Ford’s CEO, is working to engineer a $25.5 billion restructuring of the automaker, hoping to cut costs and remain competitive, the Wall Street Journal reports. But auto sales are down, and one reason is the trade tariffs that Trump has imposed on metals and other goods. According to Bloomberg, Hackett has said they have already cost the company $1 billion in profit and could do “more damage” if the disputes aren’t resolved quickly.

fortune.com/2018/10/09/ford-stock-today-layoffs-trump-trade-tariffs/

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Everything will be just fine after the bailouts on our dime. Get your checkbook ready.

Bought a FORD truck 2 years ago and it fell apart driving away from the lot so I had to send it back and they wonder why they have crashed.

FUCK YOU FORD!

Found
On
Road
Dead

...

because their previous structuring plan screwed over the american worker in favor of mr. taco in mexico city and mr. ching chong in taipei.

shit american car companies finally allowed to fail like they should have under chocochrist except for his bailouts.

not like this affects the trump admin. they can just keep embezzling money from the deals they make to enact tarriffs while everyone else can choke on it. make america great again (for trump)

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again7

Third World Shithole Germany: Father Arrested For Defending His Daughter From Migrant Rape

Police in Munich, Germany have filed bodily injury charges against a 42-year-old father after he punched an African migrant who sexually assaulted his 21-year-old daughter during Oktoberfest.

The sexual assault occurred at the Hackerbrücke train station and involved a drunk migrant from Eritrea putting both his hands up the skirt of a 21-year-old young woman and fondling her buttocks.

After becoming aware of the sex attack, the young woman’s father punched the migrant in the face, according to German news outlet Merkur.

While Munich police have filed sexual harassment charges against the Eritrean migrant, they have also filed charges of bodily injury against the 42-year-old father.

Breitbart reports: archive.fo/sBh5f

Many online were outraged that police would bring charges against the father, with some asking why he should sit by and do nothing as the man sexually assaulted his daughter.

Munich federal police spokeswoman Petra Wiedmann said that it was up to police to investigate both “crimes.”

“It is up to the judiciary to assess the case. There is a suspicion that there were two crimes, one sexual harassment and the other a physical injury. The police are required by law to bring up both,” she said.

The attack occurred during Oktoberfest, Munich’s largest festival of the year which has seen a massive increase in security in recent years due to previous sex attacks at other festivals in Germany along with the growing threat of radical Islamic terrorism.

In 2016, the festival saw one of its lowest attendance recorded in years — while reported sex attacks rose –a year after the height of the migrant crisis.

Only a year later in 2017, Bavarian authorities reported a 91 percent increase in the number of migrant rape attacks with migrants making up as many as one in five suspects involved in rape cases in the region.

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Killing the country to own the libs.

Want people to buy your shit? Start making vehicles that won't breakdown after the first year.

legit news

bumping real news

MAGA!

WHAAA MEANIE TRUMP WON'T LET US BUY CHEAP CHINESE STEEL SO WE CAN MAKE 500% PROFIT ON OUR SHIT CARS AND GIVE IT ALL TO EXECUTIVES AND CEO'S WHAAA! MUST FIRE RANK AND FILE WORKERS TO SAVE MY ELITE SALARY!

Absolute. State.

Ford is one of the biggest original commie companies they're cashing out before ww3 starts and intend to put their wealth 100% behind the commie side.

Let the fucking companies fail. Bailouts can't fix shitty practices or falling sales. Get your shit together or die.

real news

Ford was a Nazi you fucktard.

bumping censored news