this post was submitted on 16 Oct 2023
368 points (97.7% liked)

News

23014 readers
13 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

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
[–] [email protected] 24 points 1 year ago (4 children)

Oh no! The grandson of one of Hitler’s largest US supporters might lose money. How awful. So sad. Fuck Ford.

Ford, GM, and Stellantis are lucky they even exist. The government should have let them collapse and did in 2008.

[–] [email protected] 11 points 1 year ago

Judging someone by what their great grandfather did or who he supported is so reductive it makes your point worthless.

[–] [email protected] 11 points 1 year ago

So I remember listening to those hearings on C-Span radio back in the day. Ford was asked if they were asking for handouts in China and Mexico and the response was literally, "No, we are profitable in those countries." Which I thought was pretty shitty to expect the government to bail out a company that had profitable divisions.

But also Ford was the only company that mortgaged their brand and logo on proper loans instead of from a bailout from the government, which forced Ford to make sure they fixed their business plan in the US which they did for a while.

[–] [email protected] 10 points 1 year ago

To be fair, his grandfather paid a livable wage (plus some probably). Fordism isn't ideal, but it does predicate itself on paying workers enough so that they can afford to buy your product, making you more money. It's better than not doing that.

[–] [email protected] 3 points 1 year ago

Lose money? No, just make a little bit less.