How many major rounds of cuts are we going to have in one year before it's enough?
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A brilliant question for GDIA.
Bennie Fowler. Lol
That guy was as d-mb as a box of rocks.
The ridiculous push for electric is just going to bankrupt all US OEMs. Then the powers that be will say ALL personal vehicles are bad for mother nature!
Based on past performances, it looks like this is a bi or tri-yearly thing.
When you have an incompetent CEO, the only way to be profitable is cost savings (layoffs, shipping jobs overseas, etc..). And when the CEO is not an engineer, he can’t comprehend the importance of experience… as a result, we are going to have quarterly layoffs until all talents are drained or the clown 🤡 is gone.
Mulally had a really simple formula which Bennie Fowler disclosed in a meeting relating costs and profits. I am sure JF knows it, but have no idea if he is following it considering that we are in a "growth" phase with EV's.
Maybe someone else heard it and remembers it.
Asking for a friend.