BrainWorms

1830 readers

1 users here now

Hey, welcome to BrainWorms.

This is a place where I post interesting things that I find and cant categorize into one of the main subs I follow. Enjoy a front seat as i descend into madness

founded 2 years ago

MODERATORS

DeadWorld@lemm.ee

Ford Executive Chair Bill Ford calls on autoworkers to end strike, says company's future is at stake (apnews.com)

submitted 2 years ago by DeadWorld@lemm.ee to c/brainworms@lemm.ee

13 comments fedilink hide all child comments

cross-posted from: https://lemmy.world/post/6896117

Ford Motor Co. Executive Chairman Bill Ford called on autoworkers to come together to end a monthlong strike that he says could cost the company the ability to invest in the future.

In a rare speech during contract talks in the company’s hometown of Dearborn, Michigan, Ford said high labor costs could limit spending to develop new vehicles and invest in factories. “It’s the absolute lifeblood of our company. And if we lose it, we will lose to the competition. America loses. Many jobs will be lost,” said the great grandson of company founder Henry Ford.

The company, he said, builds more vehicles in America and has more United Auto Workers employees than any company, which has increased its costs in a highly competitive industry.

Ford has 57,000 UAW workers compared with 46,000 at GM and 43,000 at Stellantis. “Many of our competitors moved jobs to Mexico as we added jobs here in the U.S.,” Ford said.

you are viewing a single comment's thread
view the rest of the comments

[–] zifnab25@hexbear.net 5 points 2 years ago

Wish there was something that I, the CEO of the company and heir to the enormous family fortune, could do to settle this dispute.