Lots of Ford Credit IT have been told to find another job within Ford as their jobs are transferred to India. Sadly they are told they aren’t qualified for the jobs they apply for, even though they are qualified. Rigged system, the writing is on the wall.
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About Ford Credit: They may keep it. But, each year they continue to send more white collar jobs to India and China so it does not really say much about the U.S workers getting to keep their jobs and if your a salary grade 5 and above the FCLDPS college grads are taking their jobs ( and know nothing ) While the rest of us have to clean up their messes and mistakes while they make all of the money.
TSP is IT
What is TSP??
Yes. Watch the 8/18/22 TSP meeting - see 1:08:22 mark.
A couple of things about Ford Credit: Ford Credit IS a bank in Europe. Ford Credit provides $4B to Ford Motor Company each year. Many good things about FMCC. This is why every leader looks at it and decides it is worth keeping. Seriously doubt it is going anywhere.
The new personnel announcement is for the Bank management
If you read the personnel announcements, and the new bod members, it sounds like a spin off is imminent, unless I am missing something.
I've always said that if FMCC offered competitive financing to GSRs, they would make more money. DFCU always offered better rates.
They are forming a new Ford Credit Bank.
Aren’t they “spinning off FMCC? Ford needs the cash and FMCC can’t compete since they are part of Ford. This comes up every few years.
Where did Julien leave to go to?
I agree… no updates which makes everyone stay on edge. I continue to diversify my skill set outside of finance and the auto industry….
Quiet other than Julien Jacquet leaving, but that's already known. Everyone is very stressed because no one knows anything and no indications of timing or folks letting anything substantial slip to go off of.