Thread regarding Ford layoffs

Ford Electrification Strategy Update meeting (8:15-8:30 AM 8-21-2024)

Short, Ominous Ford meeting tomorrow.
No clue what it's about, but I have a bad feeling about this.
GM just laid off 1,000 engineers and didn't bat an eye.

Ford canceling and shrinking most EV programs:

  • Oakville : EV car Replaced by super-duty
  • REVC f-150 Lighting : Reduced to 1 shift (Not profitable)
  • Mach-e Mustang : Not Profitable yet
  • Marshall, MI Battery Plant: Shrinking size due to low demand
  • Glendale, KY Battery Plant : Paused construction of 1.5 mil sqft bldg halfway through.
  • Other EV investments delayed or expecting lower demand.

God be with us tomorrow...

by
| 3491 views | | 13 replies (last August 21, 2024) | Reply
Post ID: @OP+1u7TIW6k

13 replies (most recent on top)

Post ID: @gtf+1u7TIW6k

This is false. Model e is the critical core organization to the company. Plus it is defining what Ford Motor Company will be post-Ford+ Plan.

It would be more likely that Ford divests its ICE engine development organization before Model e.

by
| | Reply
Post ID: @mqn+1u7TIW6k

@gtf+1u7TIW6k

Wasn’t the failed “CEO” of “canopy” just there last week?

by
| | Reply
Post ID: @kke+1u7TIW6k

It's probably nothing.

by
| | Reply
Post ID: @hmf+1u7TIW6k

"All of Model e is being transferred to an outside party..."

If so that's a big deal. The hope here is this is based on fact or observation and not just throwing gas on the fire here.

by
| | Reply
Post ID: @rjr+1u7TIW6k

All of Model e is being transferred to an outside party, rhymes with ipro. You can figure out what that means to NA jobs.

by
| | Reply
Post ID: @gtf+1u7TIW6k

Some investigation into my fellow colleagues’ calendars. Includes people in Germany.
Chassis model E folks: 7:30 to 7:45
Adas & battery 7:45 -8:00

by
| | Reply
Post ID: @xuw+1u7TIW6k

Looks like only the Model E people have the meetings on their calender. Anyone non-Model E received the invite yet? I'm also seeing different times mentioned.

by
| | Reply
Post ID: @lsk+1u7TIW6k

Tomorrow’s meeting means firings.

by
| | Reply
Post ID: @wlw+1u7TIW6k

The big one finally arrived.
It’s going to be very bad news.

by
| | Reply
Post ID: @kus+1u7TIW6k

Different meetings at different times?

Hmmm. First is “Don’t come in.” Second one is “Here’s who’s gone and why everything is great and getting better”?

BTW, I read that while the rest of the universe is reconsidering the wisdom of jumping to EVs before the electrical power infrastructure can handle the load, California is ignoring that reality and forging ahead. They can’t even keep the lights on in CA. I don’t know what they will do when everyone is plugged in to charge their EV.

by
| | Reply
Post ID: @gng+1u7TIW6k

I have an invite for 7:45 - 8:00 AM meeting, wonder why they're doing different meeting?

by
| | Reply
Post ID: @udm+1u7TIW6k

Sounds like there's a lot of souls hoping for the nudge tomorrow. It's probably just an informational update.

by
| | Reply
Post ID: @rxk+1u7TIW6k

Where’s your Jump To Conclusions mat?

by
| | Reply
Post ID: @pup+1u7TIW6k

Post a reply

: