Tag: workforce

By on May 19, 2017

LIVONIA TRANSMISSION PLANT

Despite news that Ford Motor Company has started making plans to scale back its workforce in North America and Asia, there are 800 Michigan-based employees who needn’t fear for their jobs — all thanks to commitments made in the company’s 2015 deal with the United Auto Workers. Ford confirmed on Friday that it will be investing $350 million into its Livonia Transmission plant.

Keeping its end of the bargain means the site will be safe from layoffs and may even bring aboard new employees, although the number of new hires is unclear. It’s assumed the majority of the 800 hourly positions will be filled by Ford dipping into its own staffing pool.  (Read More…)

By on May 16, 2017

Ford badge emblem logo

The Ford Motor Company is allegedly preparing for a sweeping reduction of its global workforce. Harder days for the auto industry have been a long time coming, but reports claim the impending layoffs are specifically related to shoring up finances and turning around the company’s lagging stock valuation — meaning Ford could be the canary in the coal mine or a lone company desperate to bolster its own profitability and get angry shareholders off its back.

While the automaker has not yet confirmed the cuts, there is every indication an announcement will be made soon. When confronted with the matter, representatives have been careful to make noncommittal statements and doubly cautious not to deny anything.

“We remain focused on the three strategic priorities that will create value and drive profitable growth, which include fortifying the profit pillars in our core business, transforming traditionally underperforming areas of our core business and investing aggressively, but prudently, in emerging opportunities,” Ford said in an official statement. “Reducing costs and becoming as lean and efficient as possible also remain part of that work. We have not announced any new people efficiency actions, nor do we comment on speculation.”  (Read More…)

By on March 6, 2017

General Motors HQ

General Motors has said it will discharge 1,100 employees at its Lansing Delta Township assembly plant in Michigan in May. Last year, America’s largest automaker announced an additional 800 jobs at its Spring Hill plant in Tennessee to aid in production of the updated GMC Acadia. However, those positions seemed to have come at the expense of its Michigan workforce.

The cuts come after GM’s promise to invest another $1 billion into U.S. factories earlier this year. President Trump has insisted that American car builders manufacture more product within the country while condemning any ventures in Mexico. While General Motors may be shifting production south, it’s not so far south as to garner any presidential ire. The automaker has claimed that the billion dollar investment would maintain or create 1,500 U.S. jobs. Still, the net employment loss in this instance does not seem to reflect that.  (Read More…)

By on June 1, 2012

After four years in the reds, Mazda is trimming its workforce. Mazda will cut a quarter of its sales management staff in Europe and the U.S., in the current fiscal, The Nikkei [sub] heard while checking up on a press release outlining organizational and personnel changes at the Hiroshima carmaker. (Read More…)

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