Topics regarding layoffs at Ford

Topics regarding layoffs at Ford

PRP — slightly revised verbiage

Anybody notice the slightly revised verbiage on LifeatFord? You get a smiley-faced sticker if you remember what it used to say earlier this year, compared to the new phrase.

Agency 10% cut

Does anyone know if this cut will affect green card applications? Prevailing wage step and so ?

Salary range for LL5

What would the average salary be for manager level 5? I ask because my friend’s son, at that level, is telling her he needs to borrow money from her IRA because they are cutting his hours 20%. She is retired and should not be asked to do this.

Mobility, smart cities and scooters

We are still spending billions of dollars and projects that will never make a profit. Google, with all their resources, has cancelled their smart cities projects. Uber sold their scooter business to Lime. Wy is Ford still pouring cash into these... — read more 

Global Huddle May 7 Just Wrapping Up

Well Farley placed a big bet on the team. Bill says execution of the plan is only way we can improve share price. Khumar says execution of plan rests on the backs of engineers and buyers. Of course our Xcross town competitor is tearing it up... — read more 

Ford Money Market Account - Anyone still using it?

I have used the FMM for many years for the majority of my cash savings - great interest rate but not FDIC insured. I moved 80% of my balance out of there when the virus hit to a local FDIC savings account. Is anyone else concerned with FMM... — read more 

GM Earnings - Interesting

GM earnings provide a nice contrast to Ford (GM stock up 8% at the opening). Ford performance is embarassing and highlights the difference in management competence vs. GM.

Will we make it through without cuts?

Saw an interview today where Jim Hackett said his goal is to not have cuts at Ford during this pandemic. I think if he pulls it off, he will redeem himself at CEO as other car manufacturers have already had cuts. What do you think?

Is this site for IT complaints only?

Just curious as to why the majority of posts seem to originate from IT folks? Is there a message in this (they are angry? not much work to do?)???

Ford Credit Spirals

https://www.autonews.com/finance-insurance/ford-credit-q1-earnings-spiral Profits fall 96%, Ford Motor Co. CFO told investors that the lender expected used-vehicle markets to rally, although he couldn't establish when. This is the iceberg is... — read more 

Alexandra replaces Joe

https://www.freep.com/story/money/cars/ford/2020/05/01/alexandra-ford-english-joe-hinrichs-rivian/3063740001/

4 29 2020 Global Huddle Just Ended

Just finishing up. Senior Managements all over it. There may be a chance we will all have to take a pay cut. Other than that business as usual.

Earnings Report - Oh Dear!

Yikes. Losses - two billion in Q1, five billion estimate for Q2. Q3 will be just as bad. Q1 is interesting as the shutdown only affected a few weeks in March. What the heck is going on there??? Economy was rolling and you still racked up two... — read more 

Today’s earnings call

Did anyone think it seemed like I, I mean the future CEO, was reading my lines on the call today? Asking for a friend!

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Post ID: @OP+14IB5F5x

This says it All!!

Ford counts its cash amid pandemic after $70M exec pay exceeds company's profit in 2019 http://a.msn.com/00/en-us/BB13gMa3?ocid=se

Agency cuts

Outside of PD and IT, any news about agency layoffs?

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| 1160 views | | 1 reply (April 27, 2020)
Post ID: @OP+14D3koSE

Ford As A Zombie Company

A zombie company is a company that needs bailouts in order to operate, or an indebted company that is able to repay the interest on its debts but not repay the principal. How does Ford escape this fate?

April 21 Huddle just finished up

Were are doing great. No more cafeteria will being wearing Star Wars face shields in the PD Center. I have to say in all seriousness they are doing a great job planning this return to work phase.

4/23 Huddle

I keep seeing responses to recent posts about watching the huddle today for cut updates...so....are they just planning on doing a Huddle furlough/lay off during this meeting?

Twilight Zone

I really cannot understand how all of our management updates the last few weeks are so calm and relaxed and focused only about all of our medical support. I am glad we can help with medical supply. So for tge meat. We have struck icebergs every... — read more 

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| 1850 views | | 8 replies (last April 22, 2020)
Post ID: @OP+14APsDkk

Why hasn't Ford cut salaries like FCA and GM??

I'd be all for a cut rather than a layoff. What is Jimmy waiting for??? He just wants to bleed faster? He should do a 4 day work week with a 20% pay cut. I can't see everyone going back to PD in a few weeks if Whitmer lifts the ban. They'll have to... — read more 

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