I guess the EV/AV guys are safe.
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Ford & Visteon froze my pension in 2006. I earn more in aerospace & defense.
In software (that runs in vehicle, not your pc on your desk like IT) we have been HTHD for over 3 years (whole sections/teams) so I laugh when anyone thinks this is something new or exciting or safe.
Previous post is correct, you are only “business critical” until someone higher up changes their mind and then poof you are gone.
@1btg+1gvsbPvG be careful and watchful. The two on our team who were told just 3 months ago that they received HTHD classification (the only two in our group) were let go last week. It was interesting to say the least as management made a big deal about the area having two HTHD and being critical to the business and then poof they are gone.
every manager / director / chief claims that his area is "business critical" until higher level or other guys gang up on him and tell him his work is neither strategic nor business critical and can be outsourced or stopped entirely. what is defined as business critical comes from a constantly changing battle of power-plays, not from logic. who would have thought that making 4 door sedans would be deemed not business critical to ford, whose car keys used to say "the Ford family of fine cars?"
@1btg+1gvsbPvG, Unless you' hired into Legal I would take that comment about being biz critical and safe from cuts with a grain of salt. From the way you phrased that last sentence I might guess you hired in over in ITO under the Cloud platform. It's one of the "least bad" places to be, but nowhere is really safe in Ford. It's also quite possible that in a year or two there will be a Director or C-level decision to out-source 80% or more of the cloud work to Google.
I'm safe 🤷 but I'm in a part of the company that is essential. One of my first questions in my informational interview was "what is the risk of layoffs" and I was told we were excluded from every recent round because our team is business critical. I'm staying put and working hard. I love my job and my team. Not slackers and we keep things running for literally everything else.
Diesel has hit $6/gallon overnight in most places. The feds disclose their plan to unload their balance sheet later this week and inflation is roaring.
Someone in another post mentioned CAFE requirements and EV s needed to reach these targets was spot on. Theses EVs are not profitable for the big 3 and are a necessary evil. They are not building them because they have to.
Profits/losses in the quarters to come over the next 2 years will shape these head count reductions. There is no way around it.
Actually, I think he/she does. This latest cut made absolutely no sense and accomplished very little to nothing. One of the C-Suiter's let out that these cuts basically fund the new positions for which they want to hire against. Still, how do they get to the levels they need to based on everything we're hearing with the new world order? My guess is that they'll do this year in and out, and it will eventually take its toll with the newbies and those Ford is wanting to recruiting. It's a package deal FOMOCO.
Engineers in Mexico have an annual average salary of $12k USD. Hourly assembly plant workers make $3/hour. Also, there is no chip shortage in Mexico.
Last poster has no clue what he's talking about.
We won’t be done cutting until we have eliminated at least 25,000 salary employees. Until we reach that mark, we are not competitive in the global auto market.
The cuts will not be done until anyone hired before 2004 is gone. Ford wants their pension liability greatly reduced. Like the deal GM and Chrysler got when they declared bankruptcy. Letting pension eligible employees go before they've reached full pension maturity accomplishes that. So which parts of the company have no pre 2004 hired employees? The answer is NONE! So, no, cuts are not done. And no area is safe.
If you're thinking EVs will be the whole future and cuts will not be in EVs you're mistaken. ICE will be around for along time.
Think you're safe working on EVs and under 30? LOL think again.
Ford is moving engineering out of Dearborn USA.
If you're an engineer with a big salary, you're a target. Do you work from home? Engineers can also work from home overseas.
i have worked with few incompetent engineers when i was a tier one
We're done for this week.
Probably.
No one is safe. The company does not care about you.
Have we ever been done with cuts?
Nope PD is in danger still