BFF (EBIT + EV vol + Suscrip) = 0.12 IBF (for meeting 100% goal) = 0.75 2023 Bonus = target x 0.12 x 0.75 = 0.09 x target.
24/7 Wallstreet: Ford CEO Farley Must Be Fired
https://www.msn.com/en-us/money/companies/ford-ceo-farley-must-be-fired/ar-AA17zaIr?ocid=winp1taskbar&cvid=6f16ec2702b24b1499ea1a15d0b49a83 And that should broom Doug Fields along with him!
Ford's turnaround attempt coming way too late, warns Deutsche Bank auto analyst. Downgraded to SELL
Very sad news. When will the Ford Board of Directors terminate Jim Farley for failure to perform. Below expectations... — read more
Blaming the revenue generators for Ford’s dysfunction….
The fastest way to cut $7-8B in costs would be eliminate Ford Next eliminate half of the LL ranks and two thirds of the “executives.” cut Farley an$ Bill’s salaries by 90%. There. Done. Ford targets $7B-$8B cost disadvantage... — read more
More bad news! Now Rivian is stealing market share
https://www.barrons.com/amp/articles/rivians-stock-ev-ford-gm-d51216b2 Meantime, Lightning production is shut down! FF Fire Farley
More models shutdown!
https://www.carscoops.com/2023/02/ford-halts-sales-of-certain-broncos-mustangs-f-150s-and-more-over-transmission-issue/ Do we have anything we can sell right now?!?
Farleee a pathetic leader
If anyone feels the otherway please downvote
Bonus Payment in March 2023
What is the average bonus for salaried employees this year? How is it calculated?
Ford idles Louisville Assembly over software issue with Escape
We can’t make software, Escapes or Lightnings this week. WHEN WILL FARLEY BE HELD ACCOUNTABLE???
Model e is the strongest section of 'Old Ford'
I remember when Team Edison (what eventually became Model e) was first established. I thought it sounded awesome and that it would be fun to work in a Corktown loft. I quickly learned that the original staff had essentially 'picked themselves and... — read more
Why isn't Ford taking steps to reduce mediocrity?
I agree that there are many employees here whose roles exceed their competences, however, I still would not characterize Ford as a mediocre workplace, which does not mean that it won't become one soon. There are still many people here who love this... — read more
Disturbing rumors that the Lightning and Mach-E may be finished
In their current format. This battery issue is systemic and foundational. It sounds like it's back to the drawing board and that both vehicles will no longer be produced in their current iteration. I heard this on fairly good Intel. And now the rush... — read more
Bill Ford a Farley Fan. Calls him "Fantastic"
Anyone else think BF resembles the Captain of the Titanic? Ford Authority: Last year wasn’t exactly a good one for Ford Motor Company in terms of quality, as it ranked as the most recalled manufacturer of 2022. However, the automaker has taken... — read more
Uh oh, there goes the Lightning
WHEN WILL FARLEY BE HELD ACCOUNTABLE??? In a blow to the company’s growing EV ambitions, Ford (F) today confirmed it is halting production and shipments of its F-150 Lightning electric pickup due to a potential battery issue. "I can confirm a Stop... — read more
A toxic atmosphere was created very quickly
Given that this was a company where most people actually enjoyed working, it's strange how quickly it became a toxic place from which everyone is looking for a way out and few still care if they will be laid off or not. How did they manage to turn... — read more
Rivian Investment
Ford has cut its stake in EV maker Rivisn to 1.15%. Ford held 11.4% stake in Rivian at the end of 2021. Ford, which wrote down the value of its Rivian investment by 7.4 Billion in 2022, has been paring down its stake amid production struggles at... — read more
Licensing the technology from CATL (including technical expertise)
Ford said it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite ongoing tensions between the U.S. and China. Ford will own the new facility through a wholly owned subsidiary... — read more
3,800 jobs in Europe to be cut over 3 years
Ford said it intends to cut 3,800 product development and administration jobs in Europe in the next three years. Roughly 2,300 jobs will be cut in Germany, 1,300 in the U.K. and 200 elsewhere in Europe.
Another year, another horrible product launch!
https://www.wdrb.com/news/business/ford-idles-louisville-assembly-plant-amid-rocky-launch-of-new-escape/article_807dd358-abcc-11ed-94c3-53b32c6a3045.html FF Fire Farley
They've lost control
It's not that there aren't any talented employees left here, but this kind of management will soon drive away the remaining talents and dead wood is all that will remain at Ford. Is this really what the management wants? I don't think so. Maybe... — read more
How much is a typical LL6 bonus this year?
Just wondering, with all the chatter about poor performance by Ford
Anyone aware of layoff in Palo Alto this week?
Something is happening there…
Anyone here watches WRC?
It's me again. I watch F1 and F2 too. M-Sport Ford won the Swedish Rally. I can't believe this half funded team can still win race each year! Anyone is happy about it? There are 2.5 constructors in WRC anyway.
Superbowl
GM and Jeep ads rocked! No Ford, this tells all.
Remote Workers
An interesting POV considering all the discussion about companies, including Ford, having people Return to Work. https://www.yahoo.com/finance/m/a1ac5b88-6da4-34d0-87c2-50091b8e3070/bay-area’s-heavily-courted.html
Ford CEO Warns Employees Soon, Ford will have fewer employees than it does today
WOW I think Ford future is in danger because the CEO it's openly in conflict with employees.
Tesla is winning. And it's not even close
https://fordauthority.com/2023/02/ford-mustang-mach-e-sales-trail-model-y-beat-id-4-in-2022/amp/ For those too lazy to click. Tesla sold 231,400 Model Ya in 2022. The Ford sold 39,458 Mach-Es. I won't even mention the Model 3! Read another... — read more
Loyalty
https://dilbert.com/strip/2023-02-11
Scotty's view on the rocketing prices on F-150 Lightning
https://www.youtube.com/watch?v=mMMl7iAN0bg Scotty says it all. No way will we sell 150,000 units with our current pricing strategy.
Automotive data sales…not going well…not going to be $ Billions any time soon
Automakers, car-data firms' goals fail to link BY GABRIELLE COPPOLA Bloomberg Auto companies promising billions in new software revenue by the end of the decade have been hiring engineers left and right, poaching executives from tech giants and... — read more
Farley didn’t make the list
The 2023 Automotive Hall of Fame inductees include: Mary Barra, the chief executive and chair of General Motors Co. who in January 2014 because the first female CEO of an automotive OEM. Juan Manuel Fangio, widely considered to be the greatest race... — read more
More Layoffs!! Don't return to work. You are not needed.
https://www.linkedin.com/news/story/is-ford-hinting-at-more-layoffs-6161370/
FORD
As the Toilet Swirls....
AICP TRANSPARENCY
Does anyone know the 2023 targets? 2022 targets? A higher percentage associated to the one item we met 40% of target. Doesn't sound good for 2023 profit sharing
Ford homepage
Employees, "there's no way they can make the Ford homepage any shittier than it already is." Ford IT, "hold my beer"
"If you're screwing consumers over"
"If you're screwing consumers over, they'll remember that next time they need a vehicle. It's horrible for the business." (David Whiston from Morningstar Research) (Exclusive stories in The Detroit News or Detroit Free Press or Wall Street Journal... — read more
Why nobody will pay for a Canopy subscription:
A $100 investment can protect four vehicles, no subscription payments necessary…. Doorbell video footage shows two thieves sneaking up in Leslie and Antar Muhammad's driveway before taking off with Leslie's Toyota Camry. "We woke up, and I looked... — read more
RTO is coming when COVID Emergency Orders finally fall off.
Ford has been waiting for the "experts" and lawmakers to allow for the emergency orders to no longer be in place. As soon as those fall off, which is supposed to me May, as of right now, then it will be RTO. If you don't return, you'll be fired... — read more
Tech industry is up! With rising inflation, interest rate who will buy new EVS...
8000-3000=5000. When is the D-day?
Quiet Quitters reality
https://www.youtube.com/shorts/qPI6100XVPw