ABC World News reported that Ford Motor Company plans on laying off more of its employees and four or five of its 19 plants in North America. The problem that employees at plants on the cutting board say is that their management has underutilized them. Their management is not trying to get them extra work or show their importance. Ford says that the problem is their inability to compete with the foreign markets. This same problem is happening for all the American car manufactures. American manufactures have union labor costs that the other foreign manufactures do not incur. Ford is also going to try to discontinue minivans and other vehicles that are not popular with the general public. Instead Ford will begin to build hybrids and find a new design for a sedan that the public will want to buy.
This directly deals with the recorded announcement of the layoffs that was shown in class. The article gave other details about other companies and how the public views the layoffs where the video only had Bill Ford speaking to his employees and the public. Bill Ford announced the layoffs and that what plants could close in the next two to 12 years. The article is not as personal and emotional as the video was. The article is impersonal because anyone can read it and it isn't coming from the owner of the company. They are however saying the same ideas but just in a different type of manner.
This announcement affects not only the company and employees but also consumers and investors. The employees at Ford fear that they are going to lose their jobs or have already lost their jobs. This not hurts Ford because if their employees do not have the money they can not buy Ford veh ...