Read this Reuters news article and see how Ford will get half of the LL5s and LL4s to quit:
www.reuters.com/business/autos-transportation/ford-slashes-manager-stock-bonuses-cut-costs-boost-performance-2025-02-18/
9 replies (most recent on top)
LL4 got rated a 1, now they called daily meetings, next to zero value added. In most cases it is hurting quality.
It would be good. all of the management of my ex department are still coding, bragging about hacks on their own group channel, not managing people at all. Not planning at all.
No stock grants for 50% of your leaders = highly motivated workforce
Let's see how this works out...
This is shocking! Giving all these useless pieces of garbage stock is the only way the stock price isn't below $5/share.
The company will continue to decline until real engineers run the company. That means Farley and Billy Boy are not in charge anymore, along with most of the board of directors. Sadly, bankruptcy is just around the corner. The death of an American icon is just around the corner.
At $9 a share (and falling), how much could they have received?
The current Ford is a welfare state, similar to a western European country. The LL4, LL5 are the elite aristocracy. It is not a performance-based culture because the elites have no idea how to tell a contributor from a loafer. They only know who they like. They like those that validate them.
Read the SEC filings.
Irony the Ford board recently agreed to give Lawler "an increase in his annual bonus target to 150%" and other sweetheart packages given to senior executives.
This is not about Ford + or performance. This company is run with two sets of standards. The outcome is already rigged. If there is money for special dividends to benefit Wall Street and the Ford family, there is room for normal bonuses.
Expecting HR to announce the Jelly of the Month recognition program.
Across town they seem to be doing the opposite. Thinning out an already lean working level staff and not doing much of anything to an already bloated middle and senior management.