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2025-05-25 17:01:00
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General Motors has already announced plant closings and big job cuts. Ford could be next.Ford (F) said this summer that it was planning to radically reshape its business, and could close or scale back unprofitable operations in some regions. It said it would spend up to billion on the transformation.The company has revealed little detail about its plans. Adam Jonas, the auto analyst at Morgan Stanley, said he believes Ford is preparing to slash 25,000 jobs worldwide. He expects that most of the cuts will be in Europe, where Ford has long struggled, but he said North American plants and workers won't be spared.Like GM, Ford is reinventing itself to compete in an industry undergoing radical change. Both GM (GM) and Ford have said they need to cut costs to invest in the next generation of vehicles, such as self-driving and electric cars."There are bigger forces at work driving global [automakers] to rethink the fundamental idea of supporting increasingly obsolete segments, propulsion systems, and geographic regions," he wrote in a research note.Ford issued a statement on Tuesday saying the "actions will come largely outside of North America.""This includes the targeted and thoughtful approach we are taking to the redesign of our global salaried workforce," Ford said. "All of this work is ongoing and publishing a job-reduction figure at this point would be pure speculation."Ford's sales in the United States are down about 3% this year. It has announced plans to stop selling traditional sedans in North America other than its iconic Mustang, given the shift in customer preference towards SUVs and pickups.The company said last week that it would cut some shifts and 1,150 hourly jobs at two plants, one in Kentucky, one in Michigan. But it also announced it was adding 1,000 jobs at two other nearby plants, and said that all hourly workers whose current jobs were being eliminated would be offered jobs at another Ford plant.Ford had 202,000 workers worldwide at the end of last year, with about half of those in North America and 54,000 in Europe.GM announced plans last week to close a number of plants worldwide including four in the United States and one in Canada. It will also cut about 8,000 white collar jobs. Taken together, those moves are expected to slash 14,000 jobs in North America.While GM said it will offer many of its laid-off hourly workers new jobs at different plants, critics including President Donald Trump have taken the company to task for cutting jobs at a time of strong profitability. 2548

  梅州工业吸尘器   

HONOLULU (AP) — Hawaii is preparing for the onslaught of Hurricane Douglas, which is projected to start impacting the island state on Sunday.The storm was gradually weakening on Saturday, but officials said that shouldn't lull anyone into complacency. They expect significant impacts as the Category 1 hurricane makes its point of closest approach or possible landfall.Hurricane #Douglas Advisory 24A: Dangerous Hurricane Douglas Closing in On the Hawaiian Islands. https://t.co/mbw53QNBXE— NHC Eastern Pacific (@NHC_Pacific) July 26, 2020 Oahu is under a hurricane warning, with landfall expected as early as midday Sunday. The Big Island and Maui remained under hurricane watches.Residents of the islands are grappling with escalating numbers of coronavirus cases as the storm bears down.Hawaii has some of the lowest coronavirus infection rates in the nation, but the numbers have been rising in recent weeks. On Friday, the state reported 60 new confirmed cases, a record high.Thirteen shelters were open Sunday morning in the Honolulu area. Everyone must wear a face covering to be admitted. Also, each shelter has less capacity because of the physical distancing requirements to prevent the spread COVID-19.The pandemic was complicating preparations for the American Red Cross, which operates emergency shelters on behalf of local governments. Many volunteers who normally staff the shelters are older or have pre-existing health conditions. Many of these volunteers are thus staying home for this storm. 1518

  梅州工业吸尘器   

Half, or more, of households in America’s largest cities report facing “serious financial problems during the coronavirus pandemic,” according to new survey results. These problems include having to deplete their savings, unable to pay full rent, etc.The survey included responses from more than 3,400 people in New York City, Los Angeles, Chicago, and Houston over the course of July 1 through August 3. It was conducted by the Harvard T.H. Chan School of Public Health, in partnership with NPR and The Robert Wood Johnson Foundation.In all four cities, at least 53 percent of households reported facing serious financial problems; between 35 to 40 percent of those people said they had used up all or most of their savings during the coronavirus pandemic.Latino and Black households were more likely to have financial problems, according to the survey, with responses about ten to 15 percentage points higher than the city’s average.In addition, 54 percent of those households making less than 0,000 a year reported having financial problems during the pandemic. By comparison, only 20 percent of those households making more than 0,000 a year reported issues.The study’s authors say the results show personal financial challenges run deeper than previously understood. "I would have expected that all the aid that was coming from various sources would have narrowed, not eliminated, the differences by race and ethnicity," but it did not, said Robert Blendon, professor emeritus of health policy and political analysis at Harvard and co-author of the survey.The study’s authors remind readers the survey was done during a time when the federal government was offering 0 a week in additional unemployment benefits. Those payments were not renewed after July. Although some states are offering additional money now, that has only just started.“These findings raise important concerns about households’ abilities to weather long-term financial and health effects of the coronavirus outbreak, as a large share have depleted their savings and are having major problems paying for basic costs of living, including food, rent, and medical care,” the study concludes. 2179

  

Herman Cain tweeting about how not deadly COVID is after previously dying from COVID. pic.twitter.com/uzBSMl48et— Kit.?????? (@KitMaxwell_) August 31, 2020 163

  

Hosting Thanksgiving dinner can feel like a thankless job if you’ve destroyed your budget to do so. But it doesn’t have to be that way. By setting realistic expectations, shopping strategically and delegating tasks, this can be an affordable meal to prepare. Here’s how to pull it off: 298

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