Thread regarding Ford layoffs

Ford stock has the means to run back down to $5 per share. That's pretty telling.

@2ydp+1gPl2f0n "How many times do you need to hear about our company transformation before it is clear to you this is not going to be the Ford of the past?"

The problem is most of us have heard this 100 times. Every reorg is about "changing the way we work" and it rarely has an impact below the LL4 level. There needs to be less talking and more action.

@1wrg+1gPl2f0n

What difference does it make how clear cut the plans are to prosperity? They'll change 50x between now and Memorial day anyway.

@2ydp+1gPl2f0n...sounds familiar when they bought Spin and wanted to make money by selling e- scooter. JH is gone though...but his legency still remains in form of JF.

@2ydp+1gPl2f0n - I'm sick of seeing you every week to few days saying that mgmt has clearly laid out the plan on how data is going to save us and that we "just don't understand" So where should I go to see these fine plans from the Ijit-Savants on high? Sounds like you know where we need to look, so please share or cut out the BS

in six months the layoff will be 5680...leave when you can

I admit the company profits right at this moment are coming from F series. But this is going to change and change quickly. For whatever reason, too many employees are not paying attention to leadership discussions or body language for that matter. I have seen Doug Field and other model E leaders layout the revenue for data and software that will disrupt the industry. All employees should have access to these discussions.

I can't understand why so many here aren't getting it. How many times do you need to hear about our company transformation before it is clear to you this is not going to be the Ford of the past?

I hope people read the Ford Financials? 90+% of the profits come from ICE F-SERIES.
We don't have the other vehicle lines stepping up to the plate.
This data mining! Still trying to understand how Ford fits into that.
In this business you will run into people from our competitors. Yes, our friends at Toyota scratch their head when they see JF as CEO. Disliked by the troops no karma. boring, and lack of vision, plan, leadership and courage. Along with BF has lost the trust of the rank and file.
Listening to HTT the other day on why complexity is out of control. He looked like a deer in the head lamps. CLUELESS.
Ford is dying slowly but surely. Led by Clowns vs real leaders.

@1wrg+1gPl2f0n

And there will never and I repeat never be a true reduction in headcount. There never has been and never will be. They pigeon ho-e too many great people to the same roles, while creating all the opportunities in growth or emerging areas. Ford in turn then encourages all of its hiring managers to post externally or my favorite is posting internally and externally at the same time, knowing there isn't a snow ball's chance of hiring an internal candidate. The cycle continues as the ranks swell because those retirement eligible aren't leaving either, so it's the same headcount problem year after. Add the problem of more and more bureaucracy because there isn't ANY problem we can't solve by virtue of throwing more heads at it- rinse, lather, and repeat. This problem is probably unsolvable and just a Ford way of life until the company final implodes from it all. Notice they stopped talking about reducing bureaucracy in any of the video casts. It won't be any one thing but a culmination of death by 1000 cuts.

This leaves them with having to constantly involuntarily separate - even if they don't in a given year - but that presents the problem of more age related lawsuits. So it's not surprising Farley continually blames the GSR/LL6's for all that ails the company. It's just so sad to see one slow moving train wreck unfold after the other when we would happily be part of the solution if leadership really wanted to address the problems.

@1tyy+1gPl2f0n I'm not seeing any efforts being made outside of reducing headcount. The same directors who speak about reducing complexity ask us to study absolutely asinine proposals that anyone with a basic knowledge of the numbers can tell you is a dead end.

Toyota Motor Sales USA employee here....most folks that worked with JF are shocked he is now CEO at Ford. Good luck with that.....

@1wrg+1gPl2f0n...I really like your comment. How about hiring Managers from Walmart and local restaurants to manage the work?

As much as I hate the harping on EBIT, they aren't wrong about it. It takes more engineering dollars to build a car at Ford than at most competitors. Unfortunately it appears efforts to fix it are not making it better.

Too many employees are not paying attention in the townhall meetings, or even their own manager or director meetings. The plan for software and data revenue is clear cut, consistent, and has been detailed by leadership.

And managers manage. They do not require to be technical experts, thats what they have software engineers, data and analytics experts for. Elon Musk is wrong on that presumption.

@1owr+1gPl2f0 "Looking up the chain of command do you see increasing levels of technical excellence? As Musk said it's like having a cavalry captain who can't ride a horse."

At Ford, it is more like a cavalry captain riding a dead horse, beating it and expecting it to move forward. The degree of insanity in the company is through the roof. I still don't know how anybody can say, with a straight face, that we are going to replace car manufacturing revenue with data selling and subscription revenue, that we are going to go all electric when less than 10% of the market is interested in BEVs, that we are doing just fine even when all the news show the disaster we are.

Absolutely everyone I talk to with any years at Ford are saying “it’s a white knuckle ride, I’m just under 55, a white male and have pension rights. I’ve just got to hang in a couple more years and not get whacked”.
What sort of quality of work do you think these people are producing? These are MR employees!
They dare not turn anything red or point out an issue coming for fear they may endanger their bosses next promotional move.
Like the Russia-Ukraine war. Look what morale of your soldiers can do, or not do.

There's a certain kind of mindset that develops in all scientists and engineers who have built things to solve real-world problems. There's an understanding of the necessity for pragmatic trade-offs but there's also a deep appreciation for the constant striving toward the most optimal and elegant solution. Bill and Jim do not have this mindset and so they find it difficult or impossible to create genuine inspiration in those who do. Elon Musk made some recent remarks about how managers in a technical area must be technically excellent. Looking up the chain of command do you see increasing levels of technical excellence? As Musk said it's like having a cavalry captain who can't ride a horse.

Wait.... Think of all of the money the weddings books at the Ford Train Station will bring in. There's that!

@OP

Turn that frown upside down! Here's the bull case behind the company.

1. Ford hired a train station CEO! This will single handily take Ford from the outhouse to the penthouse.
2. I don't know how you can say morale is so low. The Pulse scores say it's all A++ across the board.
3. Jim's podcast will be a smash hit. (HINT JM: You should have demand before undertaking a podcast.). Just think about how Ford will be able to leverage the crazy great demand for his podcast into selling more vehicles.
4. BFJ is NOT running the company as a social justice crusade and is quite the visionary. Just ask him.
5. All the people we see in the personnel announcements absolutely deserve it and then some. I mean none of us have ever said, "Huh?"
6. All hiring and promotion decisions are based soley on merit and have nothing to do with age. See #5.

And that's a wrap!