Job Market Monitor
Ford Motor Company
Ford in US / To add 350 jobs
Ford will add 350 jobs and invest $150 million at a US stamping plant as part of a major expansion of its capacity, the automaker said Thursday. The investment will be used to upgrade equipment at its Buffalo, New York facility and the new jobs will support a third shift of production. Ford said it … Continue reading
Ford in Ontario / $700 million investment in Oakville plant would secures 2,800 jobs
A $700-million investment by Ford will secure more than 2,800 jobs at the firm’s Oakville plant Continue reading
Ford / Largest Salaried Hiring in the US for More Than a Decade
Ford will hire 3,000 salaried employees – 800 more than previously expected – this year to continue its product momentum and new growth Continue reading
Minimum wage / Ford instituted a $5 per day minimum wage on Jan. 5, 1914
On Jan. 5, 1914, Henry Ford announced a series of work reforms and special payments for Ford Motor Co. employees that included a $5 per day minimum wage, at a time when the average pay for American workers was $12.50 a week. Ford also announced that its factories would run continuously, up from 18 hours … Continue reading
Ford – 2,000 Entry-Level New Employees
Ford Motor Co. (F) has hired more than 2,000 entry-level factory workers this year so far, lowering its overall manufacturing costs, a Ford manufacturing executive said. The new hires represent the first wave of workers paid an entry-level wage that is about $10 per hour lower than the existing workers. The so-called second-tier wage was … Continue reading
Australia – Ford slashes 15 percent of workforce: 440 jobs gone
Ford Motor Co’s (F.N) Australian unit announced plans on Tuesday to cut up to 440 jobs, or about 15 percent of its workforce, and slash production by almost 30 percent to cope with a slide in popularity of its top model, the Falcon. Australian car manufacturers have enjoyed solid sales over the past year despite … Continue reading
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