Topics regarding layoffs at Ford

Topics regarding layoffs at Ford

Rollover 401k to IRA

After retired, I wonder rollover 401k to a brokerage company IRA account a good ideal or not?

by
| 1401 views | | 8 replies (last December 12, 2022)
Post ID: @OP+1k9AOY8z

Tempo

Ford has yet to make a car as great as the Tempo of the 1990’s. The seats were like sofas.

Those taking lump sum retirement just got scammed

It’s called de-risking. It’s another ploy by Ford to minimize their pension liabilities. Do you really believe that their warning of lump sum reductions was to help employees get their best retirement plans? This was just to get the ones it was too... — read more 

Gurminder Bedi back at Ford?

... joining forces with Commander Cody to revitalize the Lincoln Brand so it can compete with Tesla. https://www.youtube.com/watch?v=lpK1ylZboyc

Future of R&A?

Some departments in R&A were hit hard in august. With the retiree news trickling in, and then JB being replaced by MJ…I’ve heard rumor they’re disbanding R&A, even with MJ as director. I know for a fact I saw a calendar notice on my boss’s boss... — read more 

Survey for those who retired Nov 30

Just curious for those who retired November 30: (there were 1000, some read this site) Did mgt tell you they’d backfill you? If so we’re you asked to help transition to the replacement? How much notice prior to nov 30 did you... — read more 

by
| 1771 views | | 5 replies (last December 16, 2022)
Post ID: @OP+1k6Xy1ZC

Fear of bankruptcy

It is true that Ford is very poorly managed, but I still think that it will not go bankrupt. But since some of you here mentioned such a dark scenario, I am interested in why you think it is inevitable that it will happen?

Why are the long tenured employees so entitled?

Current employee with just under 10 years. I'm amazed by how entitled those with 19+ years of tenure at Ford are. They bi--h the most about everything. Benefit changes. Desk configurations and locations. Bonus target and AICP percentage. RTO plans... — read more 

Why all the time and energy spent on TVM???

Shft can TVM it is a distraction from real work and doesn't represent actual cost reduction. Get purchasing out of the mix. Allow cost ops to follow all change so tvm isnt needed. This keeps cost ops close to the supplier and forges a better... — read more 

by
| 1130 views | | 8 replies (last December 12, 2022)
Post ID: @OP+1k6RNAph

Don't have the "Right Engineers" just make some.

Ford has been destroying itself from the inside for years/decades. In order to fill their quotas in engineering they take people with business degrees and put them into engineering positions with no technical skills. The result is cost cutting and... — read more 

Layoffs Q1?

How likely is it since 3,000 were let go in August, followed by only 1,000 electing to retire? The 8,000 number leaked earlier is still not met.

There is no time to waste

While the leadership is enjoying their holidays, people like me, who gave their best to this company, will be furloughed. However, considering that I have a family that depends on me, and that the next year will be bumpy (I have no doubts about... — read more 

by
| 1490 views | | 4 replies (last December 9, 2022)
Post ID: @OP+1k5uoyYW

NESC

Been on hold 90 minutes waiting on NESC to answer. I'm locked out of getting my 401K out of Ford, and my retirement hasn't even been processed yet. This is not the way to treat employees. So frustrating. There, I'm done. They need to be sued... — read more 

We made a Top Ten list!

For most indebted companies in the WORLD. Ford Motor Company (NYSE:F) Total debt of the company in the latest financial year (in millions): $139,485 That some of this debt funds FMCC is true, but Ford will be still be making interest payments ... — read more 

by
| 965 views | | no replies yet
Post ID: @OP+1k578A8i

1000 took retirements. More cuts coming

About 1000 Ford employees took the retirements in November. Apparently well below the 3000 targets. Expect more cuts coming. https://www.freep.com/story/money/cars/ford/2022/12/08/salaried-ford-workers-retire-pension-warning/69708649007/

by
| 1494 views | | 3 replies (last December 8, 2022)
Post ID: @OP+1k5l6Wh8

Goodbye Ford

I hope you figure what you're doing before the company is completely ruined.

How to Lose Customers Forever, making layoffs necessary

From the Free Ford Press, hard to believe they wrote something negative about Ford, I love the line “no one collects such data” BECAUSE FORD IS A DATA AND SUBSCRIPTION SALES COMPANY…. Ford Motor Co. CEO Jim Farley has said repeatedly his team is... — read more 

by
| 1470 views | | 3 replies (last December 8, 2022)
Post ID: @OP+1k4oXDQE

CR says "NO" to Explorer

Don't worry, EV's will make everything better. Consumer Reports came up with its list of the top 10 most and least reliable vehicles using data from its owner survey, which contains information on over 300,000 vehicles. The organization takes a look... — read more 

It's good to see the "four-day week idea" spreading

A century ago, automotive titan Henry Ford found that when people worked fewer hours in the week, they made fewer mistakes, Mr. Grant said. Things have changed so much since then. Nobody among the current so-called leaders would even bother with... — read more 

by
| 1210 views | | 6 replies (last December 8, 2022)
Post ID: @OP+1k4sPLWw

AICP <90% is the new Achiever target

Did you get your briefing from management about the new rules for AICP? Now if you meet all your objectives and deliver what management asked you will receive less than 90% of your targeted AICP. Only LL4+ PL favorite pets will receive 100% of the... — read more 

by
| 2310 views | | 9 replies (last December 12, 2022)
Post ID: @OP+1k3FOcPj

Return to Office

A town hall last week focused a great deal on "evolution of work". Where the message was everyone should start coming in, with a mention of a mandate if they don't see it happening. Heard some rumors today that Credit is being asked to start coming... — read more 

The atmosphere is very tense

I dread going to work every day but I still haven't received a new offer and I am aware that I will need a lot of luck with a horrendous economy like this to find a new job if I lose my current job. That's why I'm so anxious. I wonder how far we... — read more 

Really? This is how we spend our time?

Water and batteries are not friends, just sayin’ Ford Motor Company has filed a patent for a vehicular water generation system, Ford Authority has learned. The patent was filed on December 1st, 2020, published on November 29th, 2022, and assigned... — read more 

by
| 1040 views | | 7 replies (last December 6, 2022)
Post ID: @OP+1k2na4P0

The end of the GRP

I can’t imagine the clowns in charge of the General Retirement Plan have not figured out that this coming calendar year would be a great time to buy everybody out. With rates on the rise there is a possibility that the August 2023 rates will be equal... — read more 

by
| 2000 views | | 8 replies (last December 7, 2022)
Post ID: @OP+1k24BfCU

When management calls, make them PAY$$$$

I retired November 30th, took my lump sum and decades of knowledge out the door with me. I was the only one left in my department who knew how to setup the programs and do the trouble shooting. All the new people they hired from the outside did not... — read more 

Improving the company

Ford right now is a big disappointment. The company's leadership, to be precise. What did this leadership do to improve Ford?

This used to be a great workplace

Ford has changed a lot, but my perception of this company has also changed now that I am more than 10 years older than when I first started working here. Now I wonder if Ford has always been a decent place only for younger employees. Any thoughts? — read more 

by
| 1880 views | | 7 replies (last December 6, 2022)
Post ID: @OP+1jZGqyUW

Ford Pass Auto-Subscribed Me?

Today I got an email from Ford Pass (which I was not subscribed to, but somehow I was now subscribed) asking if I was interested in a new Ford. After I was done laughing, I unsubscribed, if they try it again I will block them. They can't seriously... — read more 

by
| 1030 views | | 2 replies (last December 2, 2022)
Post ID: @OP+1jZIz6X7

I've been wondering about that

Ford Is Building Its First New Auto Plant in 53 Years. Change is certainly coming to Stanton, about 45 miles northeast of Memphis. Ford and South Korea’s SK broke ground in September on the sprawling, six-square mile manufacturing complex that is... — read more 

Start a new thread - post a news comment, question or message:

: