Thread regarding Ford layoffs

Layoffs/cutting staff doesn't work!

Last year from January 1st on, we heard how the company had too many people and it had to cut costs.

In March the first round happened, just under 2000 people and positions. In June all purchased service contracts were not renewed affecting an unknown number. Then in August 3000 people get let go. And at the end of November, ~2000 retired.

By my math, assuming purchased service was around 1k people, that was roughly the 8k Jimmy said needed to go.

Yet 2022 was a disappointment due to quality/warranty costs, and missing top line earnings by about $1 billion.

Clearly, laying off people hasn't worked. So his grand plan for 2023? More layoffs!

Insane.

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Post ID: @OP+1l59CK9b

5 replies (most recent on top)

@2otg+1l59CK9b When "trimming" operations means cuts above the LL6 level I'll believe we're moving in the right direction. We are top heavy with people who are stuck in old ways... and the "solution" seems to be constant cuts among the groups actually putting product out to customers. It's completely fu----g backwards.

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Post ID: @3zde+1l59CK9b

This has been discussed before. An overstaffed company will always cause itself blunders that lead to ultimately poor products. Ford needs to trim its operations considerably to lean up and stop making mistakes. Ford leadership has recognized and understood this simple strategy. I am glad it was mentioned in the Global Town Hall yesterday.

You may not like it or agree, but it is reality and the right thing to do. Once the next gen of Model e products are in our customers hands, the results will prove Ford+ is the new benchmark.

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Post ID: @2otg+1l59CK9b

Terminate employees

  • - save money

Terminate the wrong employees

  • bad designs
  • bad decisions
  • poor quality
  • poor manufacturing
  • high warranty costs
  • annoyed customers
  • loss of customers
  • loss of future customers due to public opinion

Promote the wrong people based on diversity quotas and woke policies

  • see above
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Post ID: @2pdq+1l59CK9b

Two Words: Quiet Quit!

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Post ID: @tdu+1l59CK9b

@OP. What do you mean "layoffs don't work"? It is generally accepted that layoffs tend to raise a little the stock value, or at least stop the runaway stock price going further down, giving time for the C suite to get their bonuses, and the big shareholders to cash out their stocks. So it is a win situation for them.

Oh! You mean for the company and the workers? Nah, they are fu---d. The company trades mild short term gain for very harmful medium and long term results, while some workers are forced to leave the company (bad publicity and some are going to cost customers to the company too) and the remaining ones will be pi---d, overworked and scared (low moral), resulting in lower productivity and quality. In a nutshell: fu---d.

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Post ID: @sgg+1l59CK9b

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