Tuesday, October 9, 2018

Thanks, Trump!


How are those Trump tariffs workin' out for ya?
Ford Motor Company is reportedly preparing to initiate major layoffs after suffering a blow to profits of at least $1 billion due to tariffs enacted by President Donald Trump. 
The nation’s largest automaker hasn’t yet revealed how many workers will be affected. But a report by Morgan Stanley estimated that as many as 12 percent of the company’s 202,000 workers worldwide could be cut, NBC reported. 
Layoffs will center on Ford’s 70,000-strong white-collar workforce as part of what the company is calling a “redesign” of its staff in an ongoing $22.5 billion reorganization, according to NBC.  (our emphasis)
So much winning!

2 comments:

donnah said...

And like the farmers who are struggling under the tariffs, auto workers will stand behind their president. They can join the coal miners, who will also stand behind the president as he brags about saving their industry as it falls apart all around them.

People will never admit when they're wrong. Trump loyalists will stick with him, even as their livelihoods fail. It's the worst kind of stubbornness because they'll drag their families down with them and never own up to being duped.

Sorry, folks, you bought this circus, you own it.

W. Hackwhacker said...

donnah - we'll see how many sit this election out!