Winning over critics and influencing people.
2 August 2014 00:19 (South Africa)

Suddenly, Ford's future is in doubt again

  • Branko Brkic
ford union

Two weeks ago we reported about a great deal that Ford had reached with the leaders of the United Auto Workers' union (UAW). It gave Ford the green light for a cost-cutting exercise similar to one that GM and Chrysler managed only after going into Government-sponsored bankruptcy. Turns out the cork was popped too early. The UAW leadership understood that they will have not much choice, but their members decided that suicide is a better option. It started with local union in Louisville, Kentucky, where 84% voted to reject changes, claiming that the managers' sacrifice was not enough, then continued at Dearborn, Michigan where rejection was at a full 93%. Others followed quickly and emphatically. With the agreement truly dead now, the future of Ford's restructuring – and its future – is looking dubious again.

  • Branko Brkic


Comments
Our policy dictates first names and surnames must be used to comment on articles. Failure to do so will see them removed. We also reserve the right to delete comments deemed lewd, racist or just generally not contributing to intelligent debate that have been flagged by other readers. As a general rule of thumb, just avoid being a douchebag and you'll be ok, both on these pages and in life. Read the full policy here

blog comments powered by Disqus