Ford Makes A Profit
Ford Motor Company posted a profit for the 2nd Quarter of this year, according to reporting statements released today. The company does not expect to return to full profitability for a couple years, but they did post a profit of 31 cents per share in the past 3 months. Compare that to a loss of 17 cents per share a year ago.
This only goes to show that job cuts are the answer for the struggling American auto industry. It's a hard pill to swallow, but hanging on to thousands of employees making cars that nobody wants is not a good long-term plan.
Ford Surprises Wall St. With 2Q Profit
This only goes to show that job cuts are the answer for the struggling American auto industry. It's a hard pill to swallow, but hanging on to thousands of employees making cars that nobody wants is not a good long-term plan.
Ford Surprises Wall St. With 2Q Profit
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