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The Associated Press reported today the Ford has started the layoffs… 10,000 down amidst reports of buy out offers made to all hourly union employees.
While we hope they were planning ahead it’s quite likely few really believed in the dangers of these layoffs enough to prepare in advance.
Despite the slashing, Ford shares continued to slump. Wall Street Will only be happy when many more workers are on the unemployment rolls.
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By Chuck Huckaby and Dane Carlson.
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This weblog is part of network of blogs for entrepreneurs called the Business Opportunities Weblog Network. Here are some other recent headlines from around the network:
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