https://www.thestreet.com/markets/ford-stock-surges-on-crushing-q2-profit-forecast-lifting-dividend
“Too many people”?
Does that include the great leaders LL4 and above?
Don't trust them!
I am referring to the thread in which someone asked if it makes sense to ask the manager how safe our position is. My opinion is - don't do that! I speak from experience, I know a person who once went through agony because the manager assured her... — read more
I miss Red Poling
I was there in the best of times. Wow. What a difference. We made so much money and everyone had a job. Did not have enough seats Dearborn. Had to rent facilities all around! I’m so sorry younger folks could not see the company at its best. — read more
A very talented pool of engineers have been released by RIVIAN. Any intelligent company can hire them.
As you know you have to 4 hours of interview with all the tech departments involving your work.
Right….
I guess I’ll be as transparent about my next career steps as Ford is about the layoff timing.
Chris' cousin reading to us again from a teleprompter.....
...looks like a deer in the headlights.
Don't You Dare Sign Non-Disclosure
We are hearing there are 1:1 meetings to discuss "your future." But you need to sign non-disclosure that you won't discuss anything about the meeting. So, when I sign this non-disclosure and you say, "your job may go away. No package for you"... — read more
Start Retirement Now To Avoid The Rush?
Given the combination of involuntaries and the inevitable increase in interest rates for lump sum pension, an involuntary in 2023 is one of the worst case scenarios. It looks like retiring in 2022 and taking the lump sum pension is the most prudent... — read more
Farley "Too Many People" comment on Q2 Earnings Call
Adam Jonas - Morgan Stanley - "Does Ford have too many people?" Jim Farley- "As I said in my comments, Adam, we absolutely have too many people in certain places, no doubt about it. And we have skills that don't work anymore. We -- and we have... — read more
Is there any use in asking a manager if we're safe?
I see some of you have opted to do this and I was considering the same thing, but how reliable of an answer can he give me if it's not clear yet what's going on? He might think I'm safe but if the decision is being made above his head, can he know... — read more
Electric vehicles are safer
https://www.breitbart.com/tech/2022/07/26/connecticut-transit-replaces-electric-bus-fleet-with-diesels-following-massive-battery-fire/ Buy an electric vehicle cause the fire is smaller. Silly rabit.
Ford CEO Farley Says Automaker ‘Absolutely Has Too Many People’
Ford Motor Co. Chief Executive Officer Jim Farley says his company has too many people, but he won’t say how many he plans to get rid of. On a call with analysts to discuss Ford’s strong second-quarter earnings, Farley made it clear Wednesday that... — read more
Layoffs have still not been officially confirmed
We still don't know anything for sure. Yes, there'll be cuts at some point and it will not be insignificant. But most people are still just guessing when and even how many. If you continue to worry about this 24/7 and nothing happens for weeks or... — read more
Ford Stock up 5% for the day and up another 7% in after-hours!
Ford has the earnings report at 5pm today. I follow the Ford Stock investor message boards; strange thing is there is no mention of pending layoffs. Usually, layoffs are important piece of information in the Due Diligence before buying stock... — read more
The uncertainty is totally demoralizing me
Ford expects us to work and be motivated as if cuts were not a concern at all. And what do we expect from Ford? Don't we deserve at least a little more transparency regarding cuts? Or perhaps that is the goal, to keep us in total uncertainty... — read more
rumors rumors and more rumors
so the cuts that were supposed to happen today were all rumors, right? Thanks for keeping us all up at night. People posting here are just pot-stirrers. No one on here knows anything. I want to hear from management on this page. When are these... — read more
What is this round of cuts meant to accomplish and how?
I can't help but wonder what these cuts' purpose even is. Simple mathematics: 8K people Average 150K in salary/benefits per year (it's an arbitrary number, but a pretty decent approximation if you know Ford's salary bands - they're available... — read more
Why so many recalls?
https://www.wxyz.com/news/why-we-have-so-many-recalls-ford-drivers-frustrated-by-the-companys-constant-recalls-in-2022 Well, let’s have it…
LIFE AFTER FORD
I was one of the almost 600 that were let go in April. I got the call from my CAD manager who had never talked to me in the many years that I was with the CAD group. A manager who had no idea who I was or what I did. These are the people that need to... — read more
Apparently no cuts
Haven’t heard anything for today. No cuts! We can breath now. On to the next speculate date of October. Good luck ya’ll
Fords getting 100 million despite 8000 salaried cuts on the promise of creating 3300 hourly jobs by 2024
Con-artists dupe fools - https://www.freep.com/story/news/politics/2022/07/27/ford-motor-job-cuts-layoffs-incentive/10143183002/?gnt-cfr=1
Why is it a ship show with this company every single day?
My perspective, it started when Mark Fields was forced out. The current leadership at the top is fumbling badly.
Gotta keep UAW happy, right?
And the UAW wants a cost of living adjustment in their hourly workers contract. Ford just made a bunch of temp workers full timers. Got to keep the UAW thieves happy and cut salaried people
It might not be as bad as some fear
For as many people I know who are worried about the coming cuts I know those who are excited about it. There is a whole bunch of people who can't wait to get out and if given a chance to volunteer they will. And if enough people volunteer, there'll... — read more
Stop it! It’s not tomorrow
Layoffs won’t be tomorrow. all you people are posting nonsense. It will be October. Stop this!
Buckle up and fasten you seat belts folks. Brace for impact!!!
Tomorrow is D-Day!!!
We are Just waiting around for the annoucement.
I hope Bill and Jim realize the whole company is just waiting around for the plan to unfold. Get off the pot....At least Hau and Freddy made up their minds..
Ford is winning - for the most recalls race!
From WSJ - "Ford has the most recalls of any U.S. auto maker in 2022, having launched 45 of them this year, according to NHTSA data. Daimler Trucks North America LLC has the second-highest number of recalls, with 27 this year.". Well done Ford -... — read more
HR has been tasked with a 25% reduction
Heard this today from a reliable source. Good luck everyone.
Job security
Everyone who worked here through 2007-2008 knows that company is not loyal to anyone of us. So why are some people surprised that there is no job security? This is nothing new, we already knew that. The question is, how does the job security at... — read more
NHTSA has opened an investigation into Bronco engine failures!
Valves can fall into the engine - over 25k affected vehicles. Perhaps they will have to cut back on the retirement cakes (older post) to fund new engines for everyone. What next?
Atleast this time ford will address the the non-productive workers
We have some people just login to meetings without any contribution.If given a chance they can talk about other useless topics with the LL6. I want to see them go.
What is the reasons for Ford Layoffs.
Ford sold 21,000 Mach E in 2021 and so far this year Ford sold 16,000 Mach E and Lightning. At this rate, both vehicle operations will be bankrupt soon. Ford loose money for every EV that it makes. Ford quality is so poor that it pays over $3B per... — read more
I could see it coming
I was not surprised at all when I heard about the plan to cut 8,000 employees. Is there anyone who didn't see this coming? Admittedly, I didn't think the cuts would be so deep. All that is happening makes me wonder where this company is going? Has... — read more
Terminate 1,000 People Leaders First
Ford globally has too many People Leaders who add no value and drive bureaucracy / costs. Globally there are over 250 LL1 and LL2, over 1700 LL3 and LL4 and over 1900 LL5’s. If Farley wanted to cut waste and costs, he needs to look at his non-value... — read more