not my post; it required repost here:
Farley has FAILED and by year end he will be TERMINATED. PATHETIC. Within a decade Ford has cycled through 4 CEOs, 3 being miserable incompetent frauds.
Investors and shareholders are finally aware and the stock continues to dive ( it will be under $9 by end of year.
My guess is Kumar or another outsider will be brought in. Temporary fix. Ford's BoD and especially Bill and the rest of the family are either the d-mbest people on the planet or something very shady is planned. They all made more obscene fortunes during the 2008 crash, buying up stock at $1; the Ford family would've lost all their fortunes if the company filed bankruptcy, hence the need to fire sale or takes loans on the company's assets.
Layoffs? The UAW strike has diverted large salaried terminations, but quietly they are happening in small numbers. My entire group have ' quietly quit ' as we circulate or CVs. Farley has LIED. Farley has NO VISION. B Ford LIES. The so-called subscription services and ' Model E ' FAIL.
The idea of collaboration and following process and procedure including cost and timing targets do NOT exist and are blatantly ignored. The Design Studios top the list, silo'd and incapable of delivering. Piakowski, Willing, Leenart, Curic are FAILs and FRAUDS. Look at the programs, all delayed or cancelled and no one is offering solutions, worse, everyone is hiding.
The sooner Farley is TERMINATED and LL2/3/4/5s are held ACCOUNTABLE, maybe the company can turn around, I'm not sure it can happen.
K Robinson, the souless pig also tops the list of DISGRACE. Being the architect of the Boston Consulting list which has terminated older, pensioned and experienced employees that have the ability to course correct Ford's FAILING trajectory. The PIG gets promoted from HR to a Director of Family Vehicles?????? Explain that one, please!!!!!