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Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

  • Location: Melbourne
Thousands of jobs will be lost..........

http://www.abc.net.au/news/2013-05-23/ford-poised-for-important-announcement/4707960
Quote
Ford Australia says it is poised to make an "important business announcement", amid speculation that the car-maker will confirm an end to all Australian manufacturing.

Ford executives have called a press conference at the company's Melbourne headquarters for 10:45am.

There are reports the car-maker will announce that it is shutting its Broadmeadows and Geelong plants from 2016, with the loss of thousands of jobs.

Federal Treasurer Wayne Swan is promising help for workers affected by the Ford decision, and says the Government will respond in detail after the company's announcement.

"The Government will do everything within our power to support workers and local communities that may be affected by a decision taken by Ford," he said this morning.

Ford first began making cars in Australia in 1925, when Model T cars began rolling off the production line in Geelong.

More to come.



Offline 360c

  • 300kph+ club
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That will start the domino effect throughout the industry. The suppliers will go broke, GMH will pull out, game over.




Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

  • Location: Melbourne
That will start the domino effect throughout the industry. The suppliers will go broke, GMH will pull out, game over.

Yes absolutely, share market will tumble too I guess............

I wonder how these people will cope - THOUSANDS out of work, what on earth will they do ?

I wonder if a recession is looming for us.



Offline S4Simon

  • The Rubber King of Adelaide

  • Joined: Jul 2006

  • Drives: Something a metre high
  • Location: Not the Badlands
THOUSANDS out of work, what on earth will they do ?

Sadly, I know exactly what these people are going to do...
I've been rich & I've been poor...

Rich is better



Offline mondi

  • Resident Bogan
  • Moderator

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Yes absolutely, share market will tumble too I guess............

I wonder how these people will cope - THOUSANDS out of work, what on earth will they do ?

I wonder if a recession is looming for us.


Not the only company that are having a huge shake up either........      :(



Offline flamestone

  • Geekographer

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  • Location: Central Coast
  • Name: Shane
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Hilarious timing.  Hit the news while journos are supposed to be going over the latest and greatest from Holden.   :teehee:

Full press release in less than 60 seconds...



Offline adam01


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Interesting to hear Canberra spin on this one .......from both sides given the handouts and what not



Offline flamestone

  • Geekographer

  • Joined: Jul 2007

  • Drives: to and from everywhere
  • Location: Central Coast
  • Name: Shane
  • www: Flamestone.com
It's official.   :(

This will be a big shake up.



Offline mondi

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The world is ENDING!!!!!!       :waah:



Offline adam01


  • Joined: Nov 2009

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The world is ENDING!!!!!!       :waah:

But we have already passed Mayan date 21/12/12  :confused:



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