https://www.youtube.com/watch?v=mMMl7iAN0bg Scotty says it all. No way will we sell 150,000 units with our current pricing strategy.
Automotive data sales…not going well…not going to be $ Billions any time soon
Automakers, car-data firms' goals fail to link BY GABRIELLE COPPOLA Bloomberg Auto companies promising billions in new software revenue by the end of the decade have been hiring engineers left and right, poaching executives from tech giants and... — read more
Farley didn’t make the list
The 2023 Automotive Hall of Fame inductees include: Mary Barra, the chief executive and chair of General Motors Co. who in January 2014 because the first female CEO of an automotive OEM. Juan Manuel Fangio, widely considered to be the greatest race... — read more
More Layoffs!! Don't return to work. You are not needed.
https://www.linkedin.com/news/story/is-ford-hinting-at-more-layoffs-6161370/
FORD
As the Toilet Swirls....
AICP TRANSPARENCY
Does anyone know the 2023 targets? 2022 targets? A higher percentage associated to the one item we met 40% of target. Doesn't sound good for 2023 profit sharing
Ford homepage
Employees, "there's no way they can make the Ford homepage any shittier than it already is." Ford IT, "hold my beer"
"If you're screwing consumers over"
"If you're screwing consumers over, they'll remember that next time they need a vehicle. It's horrible for the business." (David Whiston from Morningstar Research) (Exclusive stories in The Detroit News or Detroit Free Press or Wall Street Journal... — read more
Why nobody will pay for a Canopy subscription:
A $100 investment can protect four vehicles, no subscription payments necessary…. Doorbell video footage shows two thieves sneaking up in Leslie and Antar Muhammad's driveway before taking off with Leslie's Toyota Camry. "We woke up, and I looked... — read more
RTO is coming when COVID Emergency Orders finally fall off.
Ford has been waiting for the "experts" and lawmakers to allow for the emergency orders to no longer be in place. As soon as those fall off, which is supposed to me May, as of right now, then it will be RTO. If you don't return, you'll be fired... — read more
Tech industry is up! With rising inflation, interest rate who will buy new EVS...
8000-3000=5000. When is the D-day?
Quiet Quitters reality
https://www.youtube.com/shorts/qPI6100XVPw
Ford gearing for more layoffs
https://www.wardsauto.com/ford-gearing-more-layoffs-plant-closings Ford has the wrong types of workers, which creates inefficiencies. This is why Ford cannot compete with other companies.
GM has a plan, Ford has BF and JF
At GM we have a competent CEO and management with a plan for the future. One more win for GM - GM inks deal with GlobalFoundries to secure U.S.-made chips https://finance.yahoo.com/news/gm-inks-agreement-globalfoundries-secure-163229379.html Do you... — read more
Ranger in last place
https://www.motorbiscuit.com/data-shows-ford-ranger-struggling-near-last-place/ They cheered at the announcement that the Ranger was returning. Then Ford Forded it up, and no one showed up to buy them.
Ford, Lincoln rank among 4 worst brands of 31 (JD Power, 2023 report)
https://www.freep.com/story/money/cars/ford/2023/02/09/jd-power-reliability-study-best-cars-trucks/69884687007/
AICP now Annual Bonus
So now, 20% of our target next year depends on EV sales. This really cheeses me. The reason - we have very few women in upper management (they don't get it). Women make up at least 50% of the buying power for new vehicles. EVs are not viewed as... — read more
Return to Office
My boss officially told us to come in 3 days a week. DF, and maybe of his direct reports work outside of MI. What does lead by example really mean?
How much longer will D. Field be with Ford??
Just reading between the lines from the town hall.
German Severance Likely to Be Generous
The German union has really been tough in negotiations about shutting down facilities in Cologne years ago. They won negotiations, no shutdown, Ford corporate walked. I predict German engineers will get eye-watering severance packages because of... — read more
Our Bronco can't handle freezing temps
Can't make this ---- up! https://www.thedrive.com/news/ford-bronco-owner-says-sub-zero-temps-ruined-his-trucks-hardtop I wouldn't buy one of our products if you paid me!
I hate early layoff announcements
This is not the first time they did this. They announce layoffs well in advance and let us stress and worry for no good reason for weeks or months. As if they get some morbid pleasure out of torturing us (and it wouldn't surprise me one bit, to be... — read more
Layoffs/cutting staff doesn't work!
Last year from January 1st on, we heard how the company had too many people and it had to cut costs. In March the first round happened, just under 2000 people and positions. In June all purchased service contracts were not renewed affecting an... — read more
Everybody knows JF is incompetent
Face the facts. Jim Farley is an incompetent leader. What shocks me is that Bill Ford and the board of directors can’t see Jim’s incompetence. That says a lot about them. It's not that people can't see his incompetence, it's that nobody wants... — read more
Facebook gets it right, eliminating MANAGEMENT jobs
Farley, are you listening? “Meta Platforms Inc. is asking many of its managers and directors to transition to individual contributor jobs or leave the company as it tries to become more efficient, according to people familiar with the matter.” — read more
No jobs in Jobs Online
Anyone else notice that there's very few jobs listed on Jobs Online? Usually there's a fair bit, but only three today for Michigan.
Massive layoffs, terrible financials, and our CEO is still out hamming it up!
https://insideevs.com/news/651275/jim-farley-jimmy-fallon-checo-perez-race-electric-gokarts/amp/ Makes me want to vomit.
25% Non Value Employees
I think that's probably a low estimate. Eliminate 50% of the LL6's for starters. You know the ones that never contribute anything but rely on the supplier to do all their work and presenting. The ones that do nothing more than pass the buck. The... — read more
What a surprise - JF is in the middle of a tantrum
https://jalopnik.com/jim-farleys-still-in-the-middle-of-a-tantrum-1850079071
Who wants to bet that hiring will continue?
Even with the latest announcement of coming layoffs, I'm betting you that we'll continue to hire left and right. It would be logical to have a hiring freeze before layoffs but not when it comes to Ford. This is where logic goes to die. I can't... — read more
Planned job cuts
Can we venture a guess at how many will be affected this time?
It is truly heart breaking to see the Ford leadership destroy the company
Listening to JF talk to investors it was clear he is NOT the right guy for the job, and neither are any of the Silicon Valley JF hires, including DF who continually tries to paint himself as the next CEO. The guy is still talking like AV for the... — read more
What does the Ford family see in Farley that we do not?
My burning question to Bill. I don’t think there is one business expert who has given JF a compliment. The Townhall bathroom incident left Bill vulnerable, which in my eyes the CEO failed. Unpack the bu-t kissing, what are they seeing in him? He is... — read more
Ford's white collar jobs at NA. What is the head count?
So I been following Ford's constant layoffs. My friend (a supervisor at ford) told me that the have 32K and cutting 3K in August. Also they cut few thousand people through "early retirement" age based layoffs in Dec 2022. I am assuming you are... — read more
25 % cut in engineering NA
Sorry guys just talked to my F 150 guy and it was confirmed. Hope the best to all of you at Ford.
Feb 15th? What's this?
https://www.autoweek.com/news/industry-news/a42778930/dollar-2-billion-loss-spells-trouble-for-ford/ "Ford announced Monday the company will unveil on Feb. 15 the Ford+ plan to improve quality, reduce costs, and leverage technology." This is... — read more
Sneak peek at Farley interview airing Friday on SiriusXM
https://www.freep.com/story/money/cars/ford/2023/02/06/ford-ceo-jim-farley-automaker-advice/69878509007/
Ford has 25% more engineers doing same work as rivals, CEO says
BOHICA, from the Detroit News: Ford Motor Co.’s engineering ranks may bear the brunt of additional job cuts the automaker has alluded to in the wake of disappointing earnings, judging from Chief Executive Officer Jim Farley’s latest interview. “It... — read more
Should Ford forego bonuses and not do layoffs instead?
Just thinking out loud. As the rumor of more layoffs before the end of Q1 reaches a crescendo, should the company consider not giving out bonuses in order to limit the scope of the layoffs? Seems kind of duplicitous to give out bonuses while laying... — read more