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Transcripts For MSNBCW MSNBC Live With Velshi And Ruhle 20190520

door. joining me now, nbc news correspondent, tom costello. tom, what kind of jobs are these? is this factory workers, management? what s happening? no, we re talking about middle level management people for the most part. and let s break these numbers down. because at the first, that 7,000 number is headline grabbing, but that s a global number. and in fact, most of these people are in europe. 2,300 people in the united states, midlevel manager types in the united states are going to be out of a job. however, 1,500 of those have already taken buyouts. that leaves about 800. and this week, 500 or so are learning that they are going to be losing their jobs. another 300 to 400, we ll hear that news by the end of august. ford says it s making this announcement because it has to get leaner and more flexible as part of their program called the smart redesign at ford. they hope it s going to save the company about $600 million overall. listen, the bottom line here, stephanie, is

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