Friday, November 07, 2008

MORE JOB CUTS AT FORD MOTOR COMPANY

[Get the latest "TRUTH WITH SPEEDZZTER" here]

Everyone knew that FoMoCo's third quarter results would be horrible.

They are.

As a result, 2,260 more "Glass Housers" are going to get canned. Hopefully, the white collar workers who are getting pink slips will be the ones responsible for some of FoMoCo's biggest blunders (see sidebar).

Probably not, but we can always hope . . . .

As Ford trims more useless deadwood, hopefully young, aggressive stars in the mold of John Colletti, Dan Davis, Brian Wolfe, Walter Hayes, Robert Lutz, and Hau Thai-Tang will prosper.

Probably not, but we can always hope . . . .

As Ford becomes leaner and meaner, hopefully the bureaucracy will invest more in "drivers cars" and the sorts of quality, competitive niche products that "Truth With Speedzzter" continues to call for.

Probably not, but we can always hope . . . .

Maybe the hapless William Clay Ford, Jr. could fire himself.

Certainly not, but we can always hope . . . .

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