Thread regarding Ford layoffs

The data says ford is going bankrupt. If you don’t believe look at others driveways. There use to be multiple fords .. now there are Toyotas or KIAs.

Ford sells over priced product with no quality no warranty. Sears and Kmart felt the same way until the sun didn’t shine.

They're selling off buildings. There's your sign--bankruptcy coming. Glad I took the lump sum.

GM has sold approx 130,000 more trucks than Ford this year.

How do you think they're doing?

It isn't exaggeration at all. Company will be bankrupt sooner than later due to the poor decisions.

@1efp+1jx9PeMZ. In 2022 YTD “Mobility “ has posted a LOSS of $707,000,000,
F-150 profits are sustaining this massive spending, with little oversight on success.
Nowhere near profitable after trying for over five years, during which time they’ve lost several billion dollars.

When they can reflect even a $1 profit, I’ll believe the hype.

@1efp+1jx9PeMZ
When subscription annual profits exceed the $10,000,000,000 that we expect from just the F-150, I’ll become a believer. Until that happens, it is just smoke and mirrors placating Bill Ford’s ego to keep Jim Farley employed.

As we approach the down slope associated with a global recession the company is in a much different position than it was in 2008. In 2008, you had choice when you walked into a showroom. Those that were not effected by the recession (a small subset) could buy an F150/F250/F350, Expedtition, etc. Most of the customers however tightned their belts during that time (job uncertainty, high gas prices), and pivoted to a Fusion, Focus, etc. We now do not have options; so even if a customer were to be enticed to take a trip to a showroom we no longer cater to them all. However, Toyota/Honda/Kia/Hyundai will be more than happy to take their money. The other shift is the boomer generation is getting old and no longer have disposiable income; these were Ford's core customer, the next generation not so much. So yes the problem is real.

Some other platform to generate profits?? Have you not been paying attention to any of the town halls by any of our leadership? It has been laid out to everyone many times that the profit center of the company will be digital stores based.

OP, I disagree with you. The future at Ford is bright. You just have to decide to see it. The year right now is 2022, not 1986.

Well, we know that in the past F-Series was 90+% of the profits. So, until some other platform generates profits it is possible for the oval to go under inside of 10 years.
A plan requires execution in order for it to work. Billy and Jimmy do not have a successful track record to make me feel confident.
That Train station is a prime example. Why does WS & Press give Billy a Pass?

only a fool would purchase an ev with his/her paltry income and yield these greedy corps more profits.

You have to look at net income & free cash flow. Both of them do not indicate a company headed for bankruptcy. We all will be happy with the profit sharing that we will get next April.
I believe ICE vehicles will carry us through for the next 5 years
After that, who knows ? Some of the posters make some good points.
Cash burn is high in this industry & the fortune reversal happens quickly
No need to panic though..

The brand and assets will be sold to a foreign suitor. Most likely in India.

@OP. Maybe. Here is my point of view. BEVs are not the solution for any of the problems we face today. I am not going to talk about how these vehicles are NOT green, not about the lack of capacity in our electrical grids, nor about the absence of a charging network, nor about the minerals needed are sourced from foreign countries with slave and child labor.

I am going just to mention the limited range, the limited towing capacity, the limited battery life, the higher than ICE price, to show you that BEVs are geared to an small subset of buyers (with good income, probably more than one vehicle per household, and probably suburban dwellers with commuting driving).

Great! We keep reducing FMC market share (no more Vans (again), no cars, no limos, limited SUVs (maybe no Edge, maybe no Escape), no ICE vehicle in a couple of years), while at the same time we "try to compete" (and fail miserably) with the leaders in other segments like Off-road (Jeep) and BEVs (Tesla). In other words, we are giving away (for free) our advantages just to be "a very long way from first place" second place in segments we don't know anything about.

At the same time, the so called leadership have no clue what to do. Just throwing money to anything that looks like a floating branch, while Bill Ford just throws it into the money pit of the Central Station. So FMC has pledge $50 billions USD in BEVs (more than the next 10 years of annual profits before taxes and interests, the way we go), plus is getting rid of ICE vehicles (where the current profit is) and most of the knowledgeable white collar employees.

Let's summarize it: Big debt invested in small solutions for smaller markets, brain drain (A.K.A quality issues), getting rid of profit making vehicles. How can the company NOT go into bankruptcy?

I am not even including the fierce competition, the Chinese companies coming soon to NA, the losses in Argo, Mobility, data subscriptions, the "chip crisis", the parking lots full of older incomplete Ford models, the inflation, the receding prices of used cars, the current recession and more.

No exaggeration. I believe it too. Going under.

Not at all
Look at the billions of losses in investments.
The billions to foot the bill on recalls.
The millions in wastage to pay these fat pigs and family.
The millions in procuring battery materials and chip shortage and these companies are sabotaging consumer power by layoffs.
Finally the increase in pjrchase price of ev"s every few weeks.
So when recession hits in full fledge the only path these companies can take is bankruptcy