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Latest Job Cuts

Hey, Donald Evans, is you head burried in the sand? You need to read yesterday's post to understand this comment.

My former hometown newspaper announced today that Ford Motor would be eliminating 30,000 jobs and closing at least 10 plants. The company said that it "is considering closing five North American plants", and "that the company was initiating closure of assembly plants in St. Louis, Atlanta and St. Paul as part of a restructuring plan."

Hey, Don, do you think you can get these people jobs demolishing homes and businesses along the Gulf Coast, or picking up trash? How about a bartender or waitress job?

This latest report from Ford comes on the heels of a report from GM who said that "it would close 12 North American facilities that would see reduction of 30,000 manufacturing positions."

According to Challenger, Gray & Christmas, a professional outplacement firm, "technology companies announced 41,439 job cuts in the third quarter, up 4.3 percent from 39,720 in the second quarter. For the year, tech-job cuts totaling 140,696 were 18.8 percent higher than the three-quarter total of 118,427 in 2004." (Source- devxnews.com)

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