If I were ready to retire and faced with a choice, I would always choose a lump sum. However, I was surprised to learn of several people who chose monthly annuity payouts. What would be the logical explanation why they chose that option? The only... — read more
NEW: Big $$$$$ reward for poor performers is being offered now : VSSP
What will this do to long term productivity? Why isn't anyone thinking of this? Vssp....Only poor performers need apply. Great motivator!!!!!!
Craps ev"s like cr-p ford mgmt
Still people go amd invest in these sh its https://insideevs.com/news/615079/ford-f150-lightning-many-issues-like-tesla/
Looks like Ford shared more with Rivian than their investment
Recall at launch, familiar story for Ford. Fixes are without material financial impact? Ford would differ from that opinion. Rivian, the Irvine, California-based electric vehicle company, is recalling nearly all the vehicles it has produced to... — read more
Another Benefit of Pension Lump Sum: Current Market Conditions
I was talking with my financial advisor recently about investment options for my pension lump sum. This is a great time to invest in both stocks and bonds. The stock market is significantly down, and I like buying things when they are on sale. On... — read more
Do the right thing. Vssp for all.
Why would company leadership create and allow such bad PR, horrible optics, and ill will? This company is adrift in a sea incompetence and arrogance.
RTW Disagreement Question
Boss wants me back in office full time and I am unable to do so because of family reasons. Now what?
I SMELL LAWSUITS
Since when do poor performers volunteer to leave their gravy jobs?! Why aren't the management teams doing their jobs, documenting poor performance and canning the poor performers without a golden ticket?????!!!!!!!!!!!!!!!!!!!!
Ford EV sales vs Tesla EV sales
We used to cancel vehicles that sold such low volumes. If we sold a Blue Cruise subscription with every one of the 41,236 EVs sold in 2022, the 2022 subscription revenue is less than $85,000. I’d love to see the spreadsheets someone is giving Farley... — read more
The stock price continues its linear descent
Ignore the daily fluctuations. The stock has been linearly declining since February. Now, Ford tried to shore it up by leaking the plan for 8000 salary layoffs. However, they've only had 4000-5000 publicly. So the market is expecting another... — read more
Ford Delivers Very Bad News to EV Buyers
https://www.thestreet.com/technology/ford-delivers-very-bad-news-to-ev-buyers
Okay Model e team, solve this problem:
A top Florida state official warned Thursday that firefighters have battled a number of fires caused by electric vehicle (EV) batteries waterlogged from Hurricane Ian. EV batteries that have been waterlogged in the wake of the hurricane are at risk... — read more
The future of all vehicle manufactures
https://www.bloomberg.com/news/features/2022-10-06/even-after-100-billion-self-driving-cars-are-going-nowhere
Choosing to go electric?
https://www.fox5ny.com/news/electric-vehicles-are-exploding-from-water-damage-after-hurricane-ian
Do the right thing!!!!
Here is the problem: Imagine two 30 year employees sit next to each other at Ford. One, always a great employee and the other always a marginal/poor employee. Assume each had equal pay, benefits, and pension. Here we are in 2022 and the company is... — read more
SIRP vs VSSP?
If the VSSP was offered to “low performers” why wasn’t a voluntary program done before the SIRP separations in August? I’ve been by countless managers and individuals told that performance was NOT a factor for those selected for SIRP. Why doesn’t... — read more
VSSP timinig
Anyone know the timing for VSSP takers? When is their last day?
Many people not departing think they are safe due to taking the monthly payment.
This is not true, is it?
FORD AND NEWLAB ANNOUNCE STARTUPS TO PILOT NEW ELECTRIC VEHICLE TECH IN MOBILITY INNOVATION PROGRAM
I came across this article from less than a year ago. I looked up all the companies mentioned, NONE of the startups listed as participating has an address in Detroit on their website. Did they not move to be part of the Train Station innovation area?... — read more
VSSP is Only for low performers. Confirmed again.
NESC confirmed a VSSP went out to select employees and said talk to PeopleFirst. PeopleFirst confirmed a letter went out to ‘low performers’. She could not provide details on departments and had little info herself. PeopleFirst said the policy team... — read more
Retirement Survey from NESC
Anyone else.who got let go get the retirement survey from NESC? I was halfway through it and having a great time roasting them how awful the entire process was before I realized it was meant for people who retired - not the people who were let go... — read more
ONLY Poor performers rewarded with VSSP 9 MONTHS FREE PAY TO LEAVE.....To op who said "Awesome Dilbert material in the making."
I tried to send it in to Dilbert, but he's now been canceled. Google it, it is true!!!!
Poor performer VSSP
Anyone know if the LL6+ email went to all Orgs or just those not impacted by the August (cough) restructuring? Seems like poor performers would have been included in that action. Aside from the suck ups, why would any still be around?
I'm done with Ford
Once more we have it confirmed that being a good performer is a liability at Ford. We do all the work and all we get is a pat on the back. Low performers get everything they want, especially if they are kissing the right behinds. I'm done with this... — read more
Don't wait to be laid off
Job openings plummeted by more than 1 million from July to August, the Bureau of Labor Statistics reported Tuesday. Everybody should consider this when deciding whether to stay and wait out layoffs or leave right away. If the trend continues, there... — read more
GM 3rd quarter sales up 24%, Ford down 9%
That's all you need to know! We are hemorrhaging sales to our competitors because of shoddy quality. The F150's reign as the best selling vehicle is in danger. Still think this company is on solid footing?!?
F 150 Guy
Ok guys... So your failed management has a great new idea ... Guys with "low performance" will be cut with a small pay. If you are under 40 try to leave this company that is my advice. It is sad to see such great company ran like a car wash
What frustrates me the most is the lack of communication
A little more transparency, if nothing else, would help employees to part ways with this company without feeling bitter about it. Perhaps those who got cut would somehow accept all the injustice, but it is hard to accept that they got cut in such... — read more
Family
Is there any bigger joke than this place being called a family company?
I am in shock.
Of all the things to do next, they chose to reward all the quiet quitters, and give just them free 9 months pay. Really?
Blast from the past. I recall years ago they pulled a similar thing:
offered voluntaries to low performers only. Once it hit the local newspapers, they quickly backtracked and offered it to all. Not sure if anyone else remembers this.
Ford just offered VSSP to everyone who qualified
Great news. VSSP is being offered to everyone.