more job losses

  1. 25,647 Posts.
    lightbulb Created with Sketch. 32
    Reported in the Australian today

    They don't list the carbon tax but any extra cost would have to be part of the reason


    FORD says an industry-wide fall in the sale of large vehicles is behind its decision today to cut 440 jobs in Victoria.
    The announcement follows a $103 million emergency payment from the federal and state governments and Ford's American parent company in January.
    The company is facing a 24 per cent slump in year-on-year Falcon sales and a massive $290m annual loss, which was announced in May.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.