Thread regarding Ford layoffs

@1btq+1ioKVLXn well said. Globalists are in control of the system. As much as I love remote work, one of its worst aspects is that in a cost cutting environment it’s too easy for out of touch middle management to shift their GSR roles out of the US where it’s “cheaper”, only to realize that they’re just swapping one set of problems for another. The problem has and always will be within the management ranks…

PS - there are still some of us left in the “pockets of excellence” who haven’t lost hope just yet.

The very obvious, not so “quiet part” is every head lost in Dearborn is being replaced by multiple in Mexico, China and South America. We were fooled into thinking they meant west coasters when they spoke of needing a newly skilled work force. I would be fine handing over the reins to young, bright American engineers eager to take on the next generation of automotive. Not the case at all. As soon as they planned to import Lincoln’s built in China, it became apparent the de@il won and an iconic American company is gone forever.

Firings at Ford are literally just to save money so that fancy fat-cat Wall Street investor types find the balance sheet more attractive and endorse the stock, causing the price to rise per share.

It's the employee compensation recycling program. It's either strictly to save money, or to recycle an outdated employees skillset - by todays standard. By bringing in a very large amount of new hires, they keep what they want, and discard what they don't.

Ironically, it's never the ones in middle management or upper management that gets recycled. Those are the ones that most desperately need to go.

You asked two questions (paraphrasing - “why fire when too hard to hire” & “why not retrain and upskill). The answer to both questions is money….as in Ford is really starting to go up sh-t creek without a paddle. They really need to dump a lot of costs period - bit to fund EV’s but to even keep the lights on since revenue had been so cr---y the last three years.

Pure and simple they are doing it to stay alive. What this means for those left is a couple of years of hard labor and rough times- was this way in 2008 when Ford dumped 30% of their North American employees…, it took nearly two years for things to feel ‘normal’. I hope to god they actually follow through this time and stop s log of make busy work and red tape. They were supposed to do that in 2008 to streamline things yet they never did, meaning those left did the work of two in many areas.

@uiv+1ioKVLXn

You obviously weren't/aren't a hiring manager. There is no doubt that hiring people is tough right now. Mainly because so many people can work from anywhere now!

I tried to hire for an opening before the hiring freeze. I had people cancel before the interview, not accept the offer, or accept the offer and then rescind when their company countered.

It may have cooled slightly from that but it hasn't completely flipped at all.

There are multiple companies out there that have ~1000 job openings! And unemployment is still at historic lows.

There is a lot of smoke out there which makes it look like a lot of people are needed. Don't go by the number of recruiters contacting you on InkedOn.

Yes its still true that its a job seekers market. I was let go this week, I'm looking for new opportunities and finding that at least in SW Development, there are choices.

It may be true 6 months ago. We do not have labor shortage rn