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You haven't established that.
You haven't established that.Companies look at their P&L (profit and loss) to determine their strategies, which includes lay offs if it looks like the economic climate is projected to bring about lower revenues. Much of this is because there are shareholders to keep happy, so they don't just wait to react, but can act proactively. If there's a broader economic contraction, layoffs make sense because it can reduce the impact to profits and shareholder dividends since there is less overhead.
This isn't a magic trick where they just "hire locally".
Dude. You are so lost.Ford's just one of these poorly run companies who find will find a lame external excuse to write down a loss to take the pressure off of them. Notice that the CEO couldn't even articulate a rationale and the 1.5 billion number is just a random number drawn out of a hat.
So Trump is making them lose even more money?Ford faces significant losses on its electric vehicles.
The automaker this year projected losses of up to $5.5 billion on its EV and software operations. It has already sustained more than $10 billion in losses since 2023.
Reuters exclusively reported that Ford ended an expensive effort to build a next-generation electrical architecture for its vehicles called FNV4, after delays and mounting expenses stymied its development.
It’s amazingIt's good to know Trump is ****ing both small and big businesses.
Ford pulls guidance, warns it will take $1.5 billion hit from Trump's tariffs
View attachment 67568506
In the article, Ford addressed that they were on target to hit prior projections, but how tariffs have directly impacted those projections. Can you read or were you just too lazy to?Ford's just one of these poorly run companies who find will find a lame external excuse to write down a loss to take the pressure off of them. Notice that the CEO couldn't even articulate a rationale and the 1.5 billion number is just a random number drawn out of a hat.
How does this counter my point?
They’ve already had to hire bond carriers to entirely skip the US.Company executives said it has been able to reduce about $1 billion of that cost through various actions, including transporting vehicles from Mexico to Canada using bond carriers, so they are not subject to U.S. tariffs
Trump assures us that his tariffs, responsible for the layoffs, the bond market, 401K and stock market declines and our soaring cost of living we're being subjected to, is just a "period of transition". Thankfully it will end in 4 years when a Democratic president is elected...But I thought we were getting all sorts of new jobs and that America would be in a new golden age. Are you saying an unhinged Global Trade War could possibly backfire on the American people and hurt us all?
Kudos to you for your creative reply. You clearly dug yourself into a hole of misunderstanding and can't dig your way out but still managed to reply with a jab.You inability to articulate your position has been noted.
So much winning. Trump doesn't even own Ford and yet he's running it into the ground, what a businessman, the greatest ever.It's good to know Trump is ****ing both small and big businesses.
Ford pulls guidance, warns it will take $1.5 billion hit from Trump's tariffs
View attachment 67568506
Ford beside being a manufacturer is also a consumer, are you grasping it now?"The tariffs are expected to add $2.5 billion in costs overall for the year, mainly related to expenses from importing vehicles from Mexico and China, Ford executives said."
Wait. I thought the consumer was going to pay the cost of the tariff. Now Ford say's they'll end up paying. How many sides of the mouth can you talk out of?
MAGA have no idea how tariffs work.Lol
You think Ford is just going to absorb over a billion dollars in losses?
I have an island to sell you.
Interested?
Ford did much better than GM and Chrysler during that period. In fact they were the only one of the Big 3 that didn't accept TARP.By rights, Ford should have died in 2009.
Supposedly, but they’ve been dependent on government loans to stay afloat.Ford did much better than GM and Chrysler during that period. In fact they were the only one of the Big 3 that didn't accept TARP.
They just lie about it.MAGA have no idea how tariffs work.
"Supposedly"? They didn't accept TARP.Supposedly, but they’ve been dependent on government loans to stay afloat.
Ford's just one of these poorly run companies who find will find a lame external excuse to write down a loss to take the pressure off of them. Notice that the CEO couldn't even articulate a rationale and the 1.5 billion number is just a random number drawn out of a hat.
"The tariffs are expected to add $2.5 billion in costs overall for the year, mainly related to expenses from importing vehicles from Mexico and China, Ford executives said."
Wait. I thought the consumer was going to pay the cost of the tariff. Now Ford say's they'll end up paying. How many sides of the mouth can you talk out of?
That's not what the CEO said.What does Ford reporting profits or losses have to do with new jobs? They could easily expect losses because of having to hire locally instead of relying on foreign labor.
Ford claims that but if they were flush they wouldn’t have asked for a $6 billion loan in 2009 or a $9.6 billion loan in 2023 etc. The truth is that they’re over $33 billion in debt to the federal government and they’ve been posting billions in losses for years. Consistent losses and relying on government loans for production isn’t my idea of a financially healthy company."Supposedly"? They didn't accept TARP.
As for loans all large companies rely on financing for capital projects.
Ford is financially a healthy company.
Ford is doing a 1.5 billion dollar write-off. Maybe if your product is made at a loss then you should quit making them.Ford beside being a manufacturer is also a consumer, are you grasping it now?
It's pretty basic stuff. Do you think companies go on hiring sprees when the economic future looks good?You haven't established that.
The only thing far left about Ford is the fact that it has maintained its client base while still keeping its loyal base with quality.Failing Ford company, far-left corporation.
If you want something that talks more than out of the side of its mouth look toward the fatso, bald, convicted criminal trouble maker, dimwit, LIAR...our prez!Lol
You think Ford is just going to absorb over a billion dollars in losses?
I have an island to sell you.
Interested?
These trump supporters are unreal, they all talk like nothing out of the normal is happening.It's pretty basic stuff. Do you think companies go on hiring sprees when the economic future looks good?
This is all Biden's fault. If they do well, it's to Trump's credit.It's good to know Trump is ****ing both small and big businesses.
Ford pulls guidance, warns it will take $1.5 billion hit from Trump's tariffs
View attachment 67568506
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