Labor and Management, Mutual Destroyers
Big article in the papers today about Ford, reorganizing its relationship with suppliers to get back in the black. Re-organizing, in this case means wrecking the fortunes and careers of a whole bunch of people Ford encouraged into cut-throat competition with one another, for its own leverage and profitability.
Sorry guys, didn’t work. Bill Ford can explain a lot, but there's no way to sugar-coat this decision.
Bankrupt your companies, sell the house, lay off your workers so they will have to sell their houses as well. Smaller houses perhaps, but with equal or even worse consequences. Social engineers would put the case that Ford (and GM and Chrysler) have a responsibility to reverse the process they insisted upon, through a less destabilizing series of mergers and acquisitions that would decrease the field of players while softening the blow.
Detroit’s Big Three have never worked in any interest other than their own and in the past three decades they haven't even done that. They wi…