Thread regarding Ford layoffs

As the UAW has pointed out, the last 10 years have been the most profitable ever for the Big 3, but they still layoff! In fact, 2022 was the most profitable year almost ever and Ford Management chose that time to do mass layoffs. They don't do defined benefit pensions anymore so there is no incentive for people hired in after 2004 to stick around--and that is a big percentage of their White-Collar staff. If they want to move all the engineering to Brazil, India or Mexico, there is no reason they cannot do it slowly over time. Unless they are really greedy. Are they greedy? The disregard for people is just so obvious.

If you are unhappy, look for another job.

This is what happens when you hire Diet Steve Jobs (Fields) to tell everyone he knows what consumers want in the EV space and ignores buyer data.

Toxic. Unethical. Shameful. Incompetent. Unamerican. All as a result from inferior so-called ' leadership '. Farley and Ford's BoD are disgraceful. Unqualified and incapable of good decisions. More layoffs? Absolutely! More than likely before Q4 as a smokescreen for investors and shareholders. The vehicles are a mess. All the programs are delayed. The studios are a disaster, everything looks like bad Tesla or Nissan copies. Who the he-l is allowing this to happen??????? Doug F and the flunkies he brought over can't engineer let alone deliver a fresh vehicle. What happened to accountability?

First time?

@oks+1okAkUwG - You are spot on with the Maverick. The initial vehicles could be loaded up and still go out the door around $30k. Now, they are charging for the hybrid engine and taking away the content that people wanted that kept it from feeling like a "cheap" truck. A relative who is retired from Ford and who has always bought the top of the line trucks every 4 to 5 years couldn't take the warranty issues any longer and traded in their Ford on an $77k GMC. That's the type of customer Ford can't afford to lose and just did.

Unfortunately the insane focus on creating a supply chain that can be monetized (loans to mining companies, building battery plants etc) has pushed BEV's as THE solution for the slowly depleting global oil situation. Hydrogen is the likely winner after this stuff fizzles. The cost structure is just like ICE, but with little opportunity for lenders to monetize. If you don't write the loans you can't pay the bonds, stocks and other securities that were promised yesterday. The economic pickle is the problem.

It’s because no matter what buzzwords or slogans this so called leadership team puts out there, the results speak for themselves. Take for example the Maverick, one would think “hey this fits what Ford used to offer: a product that gives the consumer high value for their money.” Look at the prices now and they are pushing $40K. Sorry, but there comes a point where people stop looking at what you have to offer, and unfortunately we are beyond that point. Even boomers gripe about the prices and they have most of the wealth. How is a Millennial or GenZ supposed to connect with the company’s product portfolio? $50K mustang GT? I don’t care how track capable or fast the car is, in 10 years it will be like any other car getting crushed. I am not even going to bring EVs into the discussion, they were a meme product since day 1. The preponderance of EVs just highlights how woefully blind the leadership team at Ford is.