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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who started this subject8/17/2001 1:14:47 AM
From: ild  Read Replies (4) of 436258
 
Ford to Cut About 4,600 White-Collar Jobs in U.S., NYT Reports
By Edvard Pettersson

Dearborn, Michigan, Aug. 17 (Bloomberg) -- Ford Motor Co. will cut about 4,600 white-collar jobs, or 10 percent of its white- collar workforce in the U.S., through early retirement, the New York Times reported, citing unidentified people close to the company.

quote.bloomberg.com

This is exactly what Steve Roach was writing a few months ago in "Cutting white collar bloat". And those were well paid people who most likely were investing in stocks. Buyers beware!
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