Topics regarding layoffs at Ford

Topics regarding layoffs at Ford

Ford is Turning to Underhanded Practices

Ford management is turning to underhanded practices to cut costs by establishing a target when you received your compensation notification in March, and then reducing that by declaring that 90%, or whatever it is, is the new 100%. Why not just be... — read more 

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| 870 views | | 5 replies (last February 9, 2024)
Post ID: @OP+1qYzHB0z

So is everyone's AICP 84%?

Or was it Gregory l different per business? Where would Model e get 84% if that's what Blue and Pro are also getting? Where is the incentive for Model e to ever improve??

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| 840 views | | 4 replies (last February 8, 2024)
Post ID: @OP+1qYXQSba

FMCC Departments moved from WHQ?

I heard that some FMCC departments have moved our of WHQ (after just moving in there last year). Any word as to why? I thought the plan was to make WHQ into a FMCC building.

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| 740 views | | 4 replies (last February 10, 2024)
Post ID: @OP+1qYTb1wE

Ford layoff in Germany

https://www.reuters.com/business/autos-transportation/german-union-agreed-job-cuts-fords-saarlouis-plant-2024-02-07/ Let's the game begins. Asia, South America, North America are next.

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| 720 views | | 5 replies (last February 9, 2024)
Post ID: @OP+1qYRZ0h7

Team assessments due by July

The companies #1 priority - people. Team leaders are directed to complete assessments by July. Couple this with attacking cost and I suspect that is going to lay the groundwork for the next task. If its determined you don't fit into your team and you... — read more 

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| 1020 views | | 6 replies (last February 9, 2024)
Post ID: @OP+1qYKRwxH

Ford = China

Ford keeps selling out America. https://www.cnbc.com/2024/01/29/lawmakers-want-us-to-probe-four-chinese-firms-involved-in-ford-battery-plant-letter-.html

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| 453 views | | 1 reply (February 8, 2024)
Post ID: @OP+1qXu8Vqo

Merit

Not for nothing I’m surprised to see the merit pool increase. Granted it didn’t keep up with inflation nor is it close to what the UAW received but I was surprised. I expected the typical merit pool. At least Ford threw us a bone, granted a small one... — read more 

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| 1050 views | | 5 replies (last February 9, 2024)
Post ID: @OP+1qXwkOZ2

Uh oh... Incentives are in the rise!

https://fordauthority.com/2024/02/ford-incentives-heavily-ramped-up-in-q4-2023/amp/ I do believe 2024 is the year that car demand will crater across the industry.

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| 492 views | | no replies yet
Post ID: @OP+1qXYwKQT

Bonus = GETTING BONED

Was told today we are only getting 84% of our Target bonus..... it is calculated on.....EBIT Margin 40%, Customer Experience 30%, EV Volume 20%, and Revenue Growth 10%..... as a GRS I have no say in any of that Bull Sh-t.... UAW Getting $10,500 and... — read more 

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| 1840 views | | 18 replies (last February 9, 2024)
Post ID: @OP+1qXH8SI7

Ford slows EVs, sends a truckload of cash to investors

Ford Motor shares jumped on Tuesday after the automaker said it will return more cash to shareholders, starting with an extra 18 cents-per-share dividend in the first quarter, joining General Motors in giving investors more of the cash spinning from... — read more 

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| 501 views | | 1 reply (February 7, 2024)
Post ID: @OP+1qXjMzh3

So this whole follow the market strategy

Is self defeating. Take a company like Toyota, their share price increased by +50% over the last year. While Ford dropped -10% over the last year. Toyota does what’s good for their company and thus the shareholders benefit. Ford does what’s perceived... — read more 

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| 602 views | | 1 reply (February 7, 2024)
Post ID: @OP+1qXEmJ2m

2024 Merit Increase

So what do we think the merit increases this year will look like? On one hand feel like they might be decent to put salaried on par with UAW increases, but economic factors might say otherwise…

PRecall: New term, same poor quality

Bronco Sport engine quits, wish it was Ford Leadership that quit first. Only 95,000 customers impacted. Over the past few months, FoMoCo has dealt with a few investigations opened by the National Highway Traffic Safety Administration (NHTSA) – most... — read more 

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| 930 views | | 3 replies (last February 6, 2024)
Post ID: @OP+1qVCwuAQ

Since management has failed

Does that mean Farley and Field will get a BELOW TARGET rating, no bonus and no stock options? Will this be a topic at the TH?

Many Layoff's due to this:

Ford plans to hire Chinese military software supplier for EV factory in US MIAIN POINTS: "in a third letter, the Republicans asked Ford President and CEO James Farley to make a relevant company official available for an interview with their... — read more 

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| 850 views | | 1 reply (February 3, 2024)
Post ID: @OP+1qTcfMjN

we need gas engines for hybrids

https://www.freep.com/story/money/cars/mark-phelan/2024/02/03/gms-hybrids-big-pickups-suvs/72442160007/ "GM’s initial plan to leap straight from internal combustion engines to all-electric power was a bold gamble, but it rolled snake eyes. Doubling... — read more 

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| 730 views | | 5 replies (last February 5, 2024)
Post ID: @OP+1qTmdcVU

EV climbdown

https://www.yahoo.com/news/west-humiliating-electric-car-climbdown-165738223.html "who holds back the electric car, who makes Steve Gutenberg, a star? we do. we do!" (look it up)

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| 555 views | | 1 reply (February 3, 2024)
Post ID: @OP+1qT9Vh9Z

Only 4700 EV’s in January

It would have been cheaper to give every prospect $20k than lose money on EV builds that just sit on a lot. We use to discontinue platforms at 60k or less and now we need Mach-E and Lightning together to get to a dismal number. Our MBA management... — read more 

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