$165M ÷ 100K (PER WORKER YR.) = 1650 in year. 1650 ÷ 10yrs = 165 Employees in a year.
F could have put 165 employees for the next 10 years fixing the camera glitches instead.
F should fire management for wasting investor's money.
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I don't see where you are wrong. You just described Ford in a nutshell. GM as well.
@OP. You really don't understand Ford, do you? Your math is flawed... when applied to FMC. $165 millions is barely enough to pay for an GSR for a year.
First of all, a new extravagant organization has to be created, with big and "improved" leadership positions. We are talking here tens of millions of dollars in bonuses for the top LL positions of this organization.
Then we have to include the Friends and Family club members, with large salaries, and many IT resources (remember, we are a data company... SMH) assigned for their PowerPoint presentations, preferible in the cloud, and some vendors with really cool named applications that are nothing else but outdated versions of the MS Office suite. There goes more tens of million of dollars.
Finally, we have the worker bees. They transfer a white old guy with a pension that really know his sh!t, and they hire a couple of new FCGs. After 3 months of work, the old dude already found the issue, its cause, engineered the fix, and started all the paperwork, chasing the approvers for submitting the paperwork.
In the middle of this, the old dude gets laid off (to save $$ to the company since they already burned through the $165 millions), he throws everything into the trash and gets walked out. One of the new FCGs gets laid off too, to show the old guy was not laid off due to his age. The remaining FCG has no clue what the issue was or how to read the info left behind by the old guy. After all, the remaining FCG is "management material" and spent his time brownnosing instead of learning how to do the work.
However, due to the "savings" of letting go the old dude, the organization gets 107% bonuses and meets its DEI objectives, some people are promoted for their good work. Since the issue is still not solved, the remaining FCG gets promoted to a team lead position, and the organization hires a bunch of Agency contractors under the new FCG.
So after a year, we have another "successful" organization at Ford, that hasn't solved a single issue, posted losses in the budget, but met all its other objectives, making it an "example" for the rest of the company.
As you can see, OP, $165 million dollars paid in fines is really nothing compared to what Ford would be spending if they try to solve the issue. Let sleeping dogs lie... :D
While many of you might read this and think I am being "funny", let me remind you that there is nothing funnier than the truth.
I've noticed that all of the "change" that the C-suit and Senior VPs talk about only applies to LL5 and up. Almost nothing changes for us at the GSR level and yet they expect quality to improve.... We are still doing work exactly how we did years ago, except maybe even worse because priorities change monthly
Billy and Jimmy blame the GSR and rid talented/productive employee's from Ford as supervision, LL6, LL5, LL4... who make the decisions run the company into the ground.
The upper management can't even do their job and have to hire outside QR teams to steer the company. Still top heavy and d-mb company!