Ford Collects Australian State Aid, Then Fires 15 Percent Of Workforce

Australians are unhappy with Ford. In January, Ford received more than A$34 million ($35 million) from Australian state and federal governments to guarantee local production until 2016. Today, Reuters reports that Ford will cut 440 jobs, or about 15 percent of its Australian workforce. According to the wire service, Australian car manufacturers had solid sales over the past year, but Ford's sales have lagged. Ford is cutting production by almost 30 percent in response to the launch of its new Falcon, which landed with a thud. Australia also is moving away from big bore sedans and towards smaller displacement units. from The Truth About Cars http://www.thetruthaboutcars.com

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