More Ford (F) Cuts, As Company Disappears To Nothing

Cars and Drivers

Published: May 28, 2008 8:07 am

The Detroit News says that Ford (F) will cut another 12% of its salaried workforce. Who will keep the books and design the cars?

There must be some point at which Ford cannot continue to take people out of its operations without abandoning essential functions. If the current round of lay-offs are people who were "fat" why are they leaving so late in Ford’s failing turnaround?

Mulally should have stayed at Boeing (BA).

Douglas A. McIntyre

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