I saw nothing about accidental or life insurance and only wanted COBRA for medical and dental up to the $1400 monthly HSA. They added this so now it’s over $200 out of pocket for something I didn’t want. Not looking forward to calling NESC. — read more
Anyone else sell all their shares of company stock at $20+?
Most of my buying was at sub $10 level. When it popped to $25 I held on thinking it might go higher. When it started to drop I set my sell level at $21. Double your money is hard to turn down! So glad I did. I have a feeling this stock is going... — read more
How safe do you feel in your current role at Ford Motor Company?
With cuts happening everywhere, on a scale 1-10 with 10 feeling safest, how safe do you feel with your current role going into 2023?
Ford is an expert at turning good workers into average ones
I've seen it happen more than once. When a good employee gets stuck through no fault of their own while much less knowledgeable and less competent employees continue to advance, they stop giving a damn. They stop going the extra mile, they start... — read more
Just like Animal Farm. We are all Fkd but some are more Fkd than others
Don’t think they won’t claw back retiree benefits too. This is not going to end well. Don’t worry as JF will get his $20M exit cache.
More Cuts in 2023
JF alluded to the fact we have too many salaried workers during town halls. Even though he states quality as key priority, he always mentions cost and too many resources we have that can be eliminated. Also, they still have a dedicated... — read more
Stock up today
B.F. leading a nimble well oiled machine
Of course the stock is dropping
Why wouldn't it; plenty of recalls, horrific quality issues, everyone knows the EV talk is mostly bs, planned elimination of older pension eligible employees, Farley's lousy reputation and inability to communicate a clear plan. The big question is... — read more
Would you leave Ford today for less pay?
I have a job offer with job security, more time off, is fully remote but it pays 20-30k less than I make now. Within 3-4 years I’ll be making again what I do now. With how ford is treating everyone and with the promises of “more change” coming next... — read more
Quality is Job #1 until another Recall
The hits keep on rolling in. Sadly, only JF and his team will be surprised. https://www.autoevolution.com/news/ford-recalls-e-350-e-450-and-f-59-over-potential-fuel-leak-206817.html
Look out, stock is in free fall!
Headed towards sub $11. Let's start a guessing game, what level will it get to in order to get Farley canned? When it hits $7.99 Farley gets the boot. And Doug too. Clearly data and subscriptions are a total failure.
Auto Execs less confident in EV adoption.
https://www.cnbc.com/2022/12/20/auto-execs-less-confident-in-ev-adoption-amid-economic-fears-kpmg.html
Maybe Farley is a mad genius?
Hear me out. EV production is slow. Component prices are up. Stock price continues to slump. Company is shedding employees in droves in a number of ways. Recession on the horizon. Quality in the cr----r. So what does he do? He goes before the... — read more
Ford’s subscriptions are being kept secret…
From the Free Press, a list of vehicle subscriptions offered, not one listed for Ford. Apparently our subscription sales people aren’t doing their jobs. Kim Komando Just about any new car today is truly a computer on four wheels. A computer gets... — read more
All talk and no real action
I'm getting tired of hearing those at the top talking about their intentions to make this company better. Does anyone still believe in that while Ford is visibly sinking? I doubt that there are many who still believe them.
Another Roof Lawsuit
This is going to leave a mark! https://fordauthority.com/2022/12/another-ford-super-duty-roof-strength-lawsuit-has-been-filed/
What have they accomplished in FIVE YEARS?
Announcement from 2018: “Much like Google X, the new Ford X team will be responsible for making sure the automaker isn't falling behind in transportation. It'll have responsibility things like the Ford X Accelerator, which will seek out and invest in... — read more
It must be a lie, Farley's lips were moving
Who writes this dribble. Farley's first priority is Farley. No improvement on Quality (engineering or assembly) and we are not betting the future on ICE vehicle growth. Farley will be long gone before the devastating quality issues are... — read more
New employees should work harder? Where's the good'ol (pr-------t) work ethics? says (and I infer) the CEO, YEAH RIGHT!!
100% Sure Billy and Jimmy are thinking the same way!! And most other CEO's.... Ohh...,,,Newer emps are not very good???.......MEANING....Meaning older emps were good?....then why the cost... — read more
Lump Sum
Wake up / don’t live in land of rainbow unicorns. Much better than annuity. You cannot afford to not invest in twnk: Hostess Brands Inc NASDAQ: TWNK Especially with new launch of organic twinkies and baguettes
Lump Sum Pay Out
Has anyone received their pension lump sum or heard when they will receive their lump sum pay out? I retired November 30th and have not heard a word about when it will be paid.
Investors not impressed…
Stock is down over 6% today, valuation dropped to less than $50B again. Debt level is tops in the corporate world, junk bond ratings, warranty costs are not improving, recalls continue weekly, raising prices of EVs because we cannot build them... — read more
Nov 30 retiree… final pay does not reflect purchased vacation
Question for those retired nov 30… did they reduce your payout of vacation earned by the amount of purchased vacation? I’m trying to make sense if this is fair. I gave up money during each paycheck… and did not fully use those purchased days… now... — read more
EVs going to ki-l radio?
You cannot make this cr-p up! Also, good luck if you have heard implants........... AM radio could be heading toward extinction after a century of service as car manufacturers stop offering the service in their electric vehicles. Electric vehicles... — read more
GRP Conversion to 401K
Is Ford considering this for the remaining GRP eligible employees?
Grp
Anyone know how many active employees are left in the GRP
AWARDS
Funny how Ford gets "all types" of prestigious awards and titles, but they can't run a business....
Reasons why you'd want to get back to the office?
Although there are many who like to work remotely and I understand them to some extent, there are many reasons why someone would like to return to the office. My reasons are: I will have a better work-life balance I will actually work... — read more
FTX Failures of incompetence
Failure dut to "grossly inexperienced and unsophisticated individuals". Gee Ford's hiring and promotion strategy for the past decade. Surprise? Nope, not to those at Ford watching the hot mess these kids and outside hires have been making out of the... — read more
Farley mugging for cameras with Jimmy Fallon.......
https://carbuzz.com/news/ford-ceo-uses-mustang-supercar-to-scare-the-living-daylights-out-of-jimmy-fallon In the meantime, thousands of "family members" (former employees) are unemployed for the holidays. Merry Christmas from Chris'... — read more
RTO will bite Ford leadership in the behind
It might be a year or three before it becomes clear, but RTO will cost the company its best employees who will have no problems (and some already did) finding new jobs that do not require them to go to the office for no good reason. They might want... — read more
Lessons for Ford from Sweden
The engineers in Sweden are unionized. Under union rules the last person hired has to be the first person facing a layoff. This provides protection for older employees against age discrimination, forces the company to carefully select young... — read more
RTO in the middle of covid / flu season
Hmmmmm....just to sit in a cubical doing skype.
Battle for electric delivery vans...
Forget the F-150 Lightning and Hummer EV. Ford and GM's real battle is for electric delivery vans.: https://www.businessinsider.com/ford-pro-general-motors-brightdrop-battle-electric-van-market-share-2022-12 Does this smell like disaster or... — read more
The 'talk the talk' vs. 'walk the walk'
Doers, that is, those who mostly aren't able to influence any decisions in this company, but who do all the work, are in a totally subordinate position compared to the talkers. They just talk and waste time. I still haven't met a talker who is also a... — read more
Bill Ford-hire/not-hire?
If Bill Ford was not part of the Ford family, would he be hired in a leadership role at Ford by the Ford family?
Two-thirds of Ford dealers sign on to sell EVs
In September, Ford gave its dealerships an ultimatum: Commit to selling electric cars or lose the right to sell them. About two-thirds, the company now says, have bought into the plan... — read more
Elon Musk: saving civilization. Bill Ford: saving an old train station
It is clear why Ford is continually eliminating jobs. Not only do we have misplaced priorities, we are being led by two people who think they are more intelligent than they are. The future of Ford is not bright, unless there is turnover at the top... — read more
Rollover 401k to IRA
After retired, I wonder rollover 401k to a brokerage company IRA account a good ideal or not?