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Politics : PRESIDENT GEORGE W. BUSH

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To: Srexley who wrote (467943)9/30/2003 7:41:59 PM
From: Skywatcher  Read Replies (1) of 769670
 
Another 12000 VOTES AGAINST BUSH!
Ford to Cut 12,000 Jobs; Chrysler Plans Own Cuts

By JOSEPH B. WHITE and NORIHIKO SHIROUZU
Staff Reporters of THE WALL STREET JOURNAL

Ford Motor Co. is planning to eliminate a total of about 12,000 jobs world-wide, while DaimlerChrysler AG's
Chrysler unit is readying its own plans to cut several thousand jobs in the latest fallout from the intense
competitive pressure on Detroit's auto makers.

The cutbacks at the No. 2 and No. 4 auto makers come as the ink is barely dry on new master labor
agreements with the United Auto Workers. The UAW agreements will allow Detroit's Big Three to
eliminate as many as 50,000 jobs through a combination of buyouts and normal attrition over the next
four years, analysts have estimated. But Ford and Chrysler, which are both in the midst of difficult
restructuring programs, are signaling they want to accelerate the pace of cost cutting heading into
next year.

BUSH IS DESTROYING OUR ECONOMY AND HE DOESN"T GIVE A CRAP ABOUT US CITIZENS....only the RICH AND POWERFUL
CC
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