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Are we heading towards a recession, as Cisco and Ford are announcing plans to trim their work force?

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  • Are we heading towards a recession, as Cisco and Ford are announcing plans to trim their work force?


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Answer #1 | 18/05 2017 17:11
Nope. Trimming the work force is good business. Being able to run a company on fewer people makes sense. I will be interested to see where the approximate 20,000 come from at Ford, though. Rumor is it's a lot of white collar workers.
Positive: 66.666666666667 %
Answer #2 | 18/05 2017 17:08
seems likely to me -- all that debt wants paying
Positive: 66.666666666667 %
Answer #3 | 18/05 2017 17:07
Nope. The economy has not been this strong since the 90's and it feels great. Every major company trims jobs at one point or another.
Positive: 50 %

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