interesting, saw this on the front page of the net today...
AOL money & finance / companies that should lay off 10,000 this year
FORD
August car sales at Ford fell by 26% to just over 155,000 units. The company said the second half might be worse than the first. Ford promised to cut production for the balance of 2008. Ford is running low on cash and its credit ratings have been dropped due to rising default risks. Once it has switched its product mix to fuel-efficient models, it still have to deal with Toyota and Honda who own that end of the market.
AOL money & finance / companies that should lay off 10,000 this year
FORD
August car sales at Ford fell by 26% to just over 155,000 units. The company said the second half might be worse than the first. Ford promised to cut production for the balance of 2008. Ford is running low on cash and its credit ratings have been dropped due to rising default risks. Once it has switched its product mix to fuel-efficient models, it still have to deal with Toyota and Honda who own that end of the market.