This will occur in the next 2-3 months. Massive NA salaried layoffs. In the aftermath, with everyone still reeling, a full RTO. Hybrid will be dead. And I've even heard that the pre-pandemic "one day a week WFH" will even be cracked done on! It's... — read more
They don't care to address causes of issues
If, according to our CEO, Ford employs 25% more engineers than its needs... The better question is will he get to the root cause of why we need 25% more people to accomplish the same work? Or will he just do another round of cuts without... — read more
Resources for after 'The Layoff'
We know 'The Layoff' will soon be upon us once again, so would everyone please share resources that you have used to get another job either before, during or after being laid off ? Yeah I know . . . I should probably get my resume together too, eh... — read more
Happy Customers? Yet another lawsuit for Ford.
Gave customers a drain tube to fix, felt like a shaft. Ford Authority: Last June, a lawsuit was filed by a handful of 2021 Ford Expedition and Lincoln Navigator owners after those vehicles were recalled for underhood fires, and later amended after... — read more
50% inefficiency in our leadership decisions
Industry joke: How do you make a 2.7L engine 50% more expensive? Make it a V6. GM 2.7 L3B = inline 4, 1 cylinder head, 16 valves, 2 cams, 1 turbo 310 hp, 430 lb-ft Ford 2.7 Nano = V6, 2 cylinder heads, 24 valves, 4 cams, 2 turbos, 325 hp, 400... — read more
And his keep on coming! Lawsuit over Escape, Bronco Sport fires
https://www.carscoops.com/2023/02/ford-hit-with-class-action-lawsuit-over-escape-and-bronco-sport-fires/amp/ I said months ago, this company will be bankrupted by the continuing recalls and the resulting lawsuits. I predict that they'll settle out... — read more
Why is Farley just now seeing issues that existed before?
We've been reading about how Farley plans to fix problems, for example, he only recently discovered that Ford has 25% more engineers doing the same work as rivals. Why is he only now seeing this? What has he been doing up until now? This reminds me... — read more
Next CEO
Matt Millen
His truck is a “$90,000 brick nobody knows how to fix"
https://l.smartnews.com/Yyfxy/z7Huzd
Ford contacts 100 Lightning customers for battery glitch that may disrupt driving
Ford Motor Company confirmed Friday that some electric F-150 Lightning pickup trucks currently in the hands of customers may have a battery complication that can prevent the pickup truck from shifting into drive or cause it to gradually lose power... — read more
BBF projection for 2023
BFF (EBIT + EV vol + Suscrip) = 0.12 IBF (for meeting 100% goal) = 0.75 2023 Bonus = target x 0.12 x 0.75 = 0.09 x target.
24/7 Wallstreet: Ford CEO Farley Must Be Fired
https://www.msn.com/en-us/money/companies/ford-ceo-farley-must-be-fired/ar-AA17zaIr?ocid=winp1taskbar&cvid=6f16ec2702b24b1499ea1a15d0b49a83 And that should broom Doug Fields along with him!
Ford's turnaround attempt coming way too late, warns Deutsche Bank auto analyst. Downgraded to SELL
Very sad news. When will the Ford Board of Directors terminate Jim Farley for failure to perform. Below expectations... — read more
Blaming the revenue generators for Ford’s dysfunction….
The fastest way to cut $7-8B in costs would be eliminate Ford Next eliminate half of the LL ranks and two thirds of the “executives.” cut Farley an$ Bill’s salaries by 90%. There. Done. Ford targets $7B-$8B cost disadvantage... — read more
More bad news! Now Rivian is stealing market share
https://www.barrons.com/amp/articles/rivians-stock-ev-ford-gm-d51216b2 Meantime, Lightning production is shut down! FF Fire Farley
More models shutdown!
https://www.carscoops.com/2023/02/ford-halts-sales-of-certain-broncos-mustangs-f-150s-and-more-over-transmission-issue/ Do we have anything we can sell right now?!?
Farleee a pathetic leader
If anyone feels the otherway please downvote
Bonus Payment in March 2023
What is the average bonus for salaried employees this year? How is it calculated?
Ford idles Louisville Assembly over software issue with Escape
We can’t make software, Escapes or Lightnings this week. WHEN WILL FARLEY BE HELD ACCOUNTABLE???
Model e is the strongest section of 'Old Ford'
I remember when Team Edison (what eventually became Model e) was first established. I thought it sounded awesome and that it would be fun to work in a Corktown loft. I quickly learned that the original staff had essentially 'picked themselves and... — read more
Why isn't Ford taking steps to reduce mediocrity?
I agree that there are many employees here whose roles exceed their competences, however, I still would not characterize Ford as a mediocre workplace, which does not mean that it won't become one soon. There are still many people here who love this... — read more
Disturbing rumors that the Lightning and Mach-E may be finished
In their current format. This battery issue is systemic and foundational. It sounds like it's back to the drawing board and that both vehicles will no longer be produced in their current iteration. I heard this on fairly good Intel. And now the rush... — read more
Bill Ford a Farley Fan. Calls him "Fantastic"
Anyone else think BF resembles the Captain of the Titanic? Ford Authority: Last year wasn’t exactly a good one for Ford Motor Company in terms of quality, as it ranked as the most recalled manufacturer of 2022. However, the automaker has taken... — read more
Uh oh, there goes the Lightning
WHEN WILL FARLEY BE HELD ACCOUNTABLE??? In a blow to the company’s growing EV ambitions, Ford (F) today confirmed it is halting production and shipments of its F-150 Lightning electric pickup due to a potential battery issue. "I can confirm a Stop... — read more
A toxic atmosphere was created very quickly
Given that this was a company where most people actually enjoyed working, it's strange how quickly it became a toxic place from which everyone is looking for a way out and few still care if they will be laid off or not. How did they manage to turn... — read more
Rivian Investment
Ford has cut its stake in EV maker Rivisn to 1.15%. Ford held 11.4% stake in Rivian at the end of 2021. Ford, which wrote down the value of its Rivian investment by 7.4 Billion in 2022, has been paring down its stake amid production struggles at... — read more
Licensing the technology from CATL (including technical expertise)
Ford said it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite ongoing tensions between the U.S. and China. Ford will own the new facility through a wholly owned subsidiary... — read more
3,800 jobs in Europe to be cut over 3 years
Ford said it intends to cut 3,800 product development and administration jobs in Europe in the next three years. Roughly 2,300 jobs will be cut in Germany, 1,300 in the U.K. and 200 elsewhere in Europe.
Another year, another horrible product launch!
https://www.wdrb.com/news/business/ford-idles-louisville-assembly-plant-amid-rocky-launch-of-new-escape/article_807dd358-abcc-11ed-94c3-53b32c6a3045.html FF Fire Farley
They've lost control
It's not that there aren't any talented employees left here, but this kind of management will soon drive away the remaining talents and dead wood is all that will remain at Ford. Is this really what the management wants? I don't think so. Maybe... — read more
How much is a typical LL6 bonus this year?
Just wondering, with all the chatter about poor performance by Ford
Anyone aware of layoff in Palo Alto this week?
Something is happening there…
Anyone here watches WRC?
It's me again. I watch F1 and F2 too. M-Sport Ford won the Swedish Rally. I can't believe this half funded team can still win race each year! Anyone is happy about it? There are 2.5 constructors in WRC anyway.
Superbowl
GM and Jeep ads rocked! No Ford, this tells all.
Remote Workers
An interesting POV considering all the discussion about companies, including Ford, having people Return to Work. https://www.yahoo.com/finance/m/a1ac5b88-6da4-34d0-87c2-50091b8e3070/bay-area’s-heavily-courted.html
Ford CEO Warns Employees Soon, Ford will have fewer employees than it does today
WOW I think Ford future is in danger because the CEO it's openly in conflict with employees.
Tesla is winning. And it's not even close
https://fordauthority.com/2023/02/ford-mustang-mach-e-sales-trail-model-y-beat-id-4-in-2022/amp/ For those too lazy to click. Tesla sold 231,400 Model Ya in 2022. The Ford sold 39,458 Mach-Es. I won't even mention the Model 3! Read another... — read more
Loyalty
https://dilbert.com/strip/2023-02-11
Scotty's view on the rocketing prices on F-150 Lightning
https://www.youtube.com/watch?v=mMMl7iAN0bg Scotty says it all. No way will we sell 150,000 units with our current pricing strategy.