Thread regarding Ford layoffs

Any layoff news for Ford Credit?

Everyone is really quiet management having a lot of meetings in our Ford Credit department. Have you heard of any layoffs for vehicle liquidations, customer service, collections or wholesale depts.? I have heard of new hires for collections and customer service.

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Post ID: @OP+1kU0GzQe

18 replies (most recent on top)

February 6th is the beginning of the layoffs like last time video then phone calls and deactivation. They can’ t wait until March.

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Post ID: @4pdf+1kU0GzQe

Noticed a software installation was done to my computer yesterday without a restart and it did not name the installation. Could that be a deactivate installation?

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Post ID: @4nug+1kU0GzQe

They're moving several departments out of FMCC and into other buildings. My guess is that whoever is left should worry (cause it costs a lot of money for those union guys to move your stuff).

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Post ID: @2pop+1kU0GzQe

@2gey+1kU0GzQe - one would think that in a “Software and Data Company” that one central HR team could deactivate users, but that is not reality. Ford has many loosely coupled systems that are updated via feeder files. Some updated nightly, some weekly, some monthly. So yes there are several IT teams who receive lists of users to deactivate “off-of-normal-schedule”.
On a side note this is one of the reasons when you are laid off/retire your benefits disappear until the next normal feeder file is sent. They send an off-of-normal-schedule list that revokes your benefits, then on the first of the month a normal-schedule list is sent which shows you as a retiree/other.

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Post ID: @2dbw+1kU0GzQe

Ford Credit. Think artificial intelligence could replace many functions, Credit Buyers, finders collectors, future looks like limited floorplan requirements (dlr Inventory). Is FMCC really necessary or could limited functions be farmed out to banks. Much like Mazda Credit Subaru, bla bla bla..you tell me

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Post ID: @2qxd+1kU0GzQe

@2gey, it varies, if there are a bunch of lay-offs tomorrow I'm sure we'll hear it here. I can tell you that last spring one of my buddies in IT had to inactivate the IDs of all the contractors on his team and then remove the accounts from all the boxes that they were on.

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Post ID: @2oyz+1kU0GzQe

BS. IDs are not inactivated by IT. There is another team that does it.

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Post ID: @2gey+1kU0GzQe

Just heard it from a tech buddy.Tthey were given a list of ID's to make inactive tomorrow morning. Good luck.

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Post ID: @2faz+1kU0GzQe

A big problem is that too many of the directors and chiefs have rendered themselves useless, throwing away any experience or knowledge they have to be DF yes men. DF is undeserving of his status as all knowing transformational guru.

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Post ID: @1edl+1kU0GzQe

@1jgc A small part of me admires you for your positive attitude towards the company, but the rest of me thinks you are a huge part of the problem. Common sense tells the rest of us that the path that the company is on is the wrong one. The company can call itself a digital whatever, but that doesnt make it true. This is an automobile manufacturing company not a subscription based digital blah blah. Do you remember Google glass? How about Oakley MP3 players? How about Nike Fuel? How about Bic pen company coming up with disposable underwear? All were billion dollar fails. These were successful companies that went in the wrong direction because nobody had the cajones to tell the CEO that he was full of gas. And guess what....... we are on the same track.

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Post ID: @1vyd+1kU0GzQe

Given the Ford+ Plan company transformation to a digital business model and subscriptions being our primary revenue stream is the biggest bullsh!t in Ford's history; prepare for huge cuts and terminations.
As witnessed at the last Townhall, Farley refuses to answer any tough questions regarding the so-called transformation and cries like a baby when he gets criticized.
Doug, hasn't delivered anything, his precious program in Irvine is a mess. He'll job hop in a year. All the tech is outsourced, so all our competitors will have the same giving us absolutely no competitive advantage. Also, its been made very clear, lots of PEPs are coming and those placed on them will be encouraged to leave the company. Remember, nepotism is the norm at Ford as well as ' friends and family. Communications separated some great people August that did their job yet they're re-hiring A Hall who couldnt do cr@p at Argo, who just happens to be married to one of the Comms team players. Going to be plenty of backstabbing, especially at Next, FLV is hiding, go look at the numbers, billions, yep, BILLIONS of $$$$$$$ wasted, nothing to show. Canopy was ridiculed at CES. The SD ridehail driver lease center is another fail as are Transloc, Cavenue, MCS, etc etc. M0R@N and M0$3R will be termin@ted. They have accomplished nothing. J P@rk is all twitchy, he inherited rejects for directors that havent produced anything either. B@umbick looks like sh!t, he's going to take the fall for all the recalls. Ask Farley how the programs are coming along, theyre all a mess and look like cr-p. The new PR system is designed to protect Ford from lawsuits as they target thousands more for elimination. Goin to be a very nasty 2023 starting in March.

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Post ID: @1lrk+1kU0GzQe

Given the Ford+ Plan company transformation to a digital business model and subscriptions being our primary revenue stream, it is not clear that Ford Credit will have a large of role as it once did in the company. Obviously, outside of a new vehicle, the individual vehicle subscription services/etc will not require a financing arm.

I would recommend seeking a position within the Model e organization as that is the star division going forward. Ford Credit's future would be a great topic to discuss at the next Town Hall.

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Post ID: @1jgc+1kU0GzQe

No one, NO ONE is safe in the next round.

Be warned.

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Post ID: @1baa+1kU0GzQe

What about IT?

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Post ID: @1zco+1kU0GzQe

FMCC was included in the August cuts so don't expect some kind of FMCC specific round of cuts in 2023

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Post ID: @1vob+1kU0GzQe

1,374 FMCC Salaried will be laid off at the end of Q1 '23. Sorry you had to hear it from me.

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Post ID: @ihz+1kU0GzQe

@aqd+1kU0GzQe post is spot on - whoever is left over 50 and pension eligible will be quietly ' separated ' or PEP'd and encouraged to leave.
Probably happen sometime in March across all depts.

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Post ID: @vgd+1kU0GzQe

I would say that the new hires are in preparation for the layoffs of the older employees ( those with 15 years or more and age over 50 ).

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Post ID: @aqd+1kU0GzQe

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