Union and human resources Issues
Global Communications is using generic benchmarking to establish best practices for handling massive employee layoffs and union issues from Ford Motor Company leadership. The layoffs are a part of the strategic plan at Global Communications to cut costs in order to increase profitability. The following table details Ford Motor Company business:
Ford Motor Company
Location Dearborn, Michigan
Annual Revenue $160,123 Million
Products and Services Design and manufacture cars and trucks
Number of Years in Business Establish in 1903 (105 years)
Size of Company 300,000 employees
Ford Motor Company has also experienced loss of market share, a decline in company stock and losses of $12.7 billion in 2006. In a restructuring plan the company plans to close manufacturing plants in North America and cut up to 30,000 jobs by 2012. A contract with the United Auto Workers (UAW) union that ran through September 2007 required laid-off employees to......
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Approximate Word Count: 516
Approximate Pages: 2 (260 words per double-spaced page) |