Thread regarding Ford layoffs

If they worked on improving quality it would cut warranty costs and over time improve profitability because consumers are more interested in purchasing quality vehicles. Cutting costs without improving quality is a downward spiral.

its not about money in vs money out. thats old school management. this is all shareholder appeasement and stock manipulation. Farley doesnt need Ford to last 100 yrs or make a good product. Farley needs ford stock to go up, or stop going down because thats how he gets his bonuses and compensation. his cash salary is small compared to his "stock" and the like.

look at ford stock over the last week.... coincidence?
Quarterly report close of books = 6/30/2023... coincidence?

1. pay Bill Ford and Farley $5 million per year instead of $20 million
2. stop wasting $3 billion per year on Ford Next
3. sell the train station for the billion dollars we’ve already spent on it

Then we could afford to pay the engineers w3 need.

i wish they would have offered buyouts. it seems more palatable to let employees have some control of their destiny in these times

If this was purely budget the why are there new building being constructed while the old ones are dead empty.
Why spend millions on things like formula 1 just to get marketing points. Honestly tesla has zero marketing budget but the product speaks for itself.

These cuts are gonna continue happening for the months to come. They will continue to trim the fat until they see Everyone overworked and putting in 50hrs a week, kinda like how tesla is doing.

The days of working for 1/2 employers for your entire career are long gone.

Of course they could have. You have a profitable ICE business which 70% of Americans want over an EV. Focus there, slowly build up your EV business. Wow profitable there are no needs for cuts except for greed.

Costs are too high because of all the quality issues. Fix those and the rest gets better.

Clearly current leadership is clueless and now just following directives from the government.

1. People needed to come back to the office.
2. Improve training and team support, rather than individual accolades.
3. When chasing Tesla, the company stopped focusing on itself.
4. Why the renovations on such a large scale for buildings when it could have been invested in people?
5. Upper management need to give up their large bounces so they can support the worker bees.
6. Focus on innovation and fix archaic processes.

the biggest problem i see is resource distribution I work in model E and i see some teams running super stretched while others have been loaded with people who literally dont have anything to do. those people could easily be re-deployed as they have the skills and necessary motivation. but what stops this is internal politics between LL5+ on resources. no one basically wants to go and say i have too many people and no work to their respective leaders. i think if we really do a deep dive all the people could have been re-deployed across the company and made the company more productive.

cuts are going to happen until ford goes bankrupt and can get rid of all the legacy costs dragging them down. they have too much baggage compared to the other oems. all they can cut is salaried people, then they cant get anything done.