Thread regarding Ford layoffs

More Family!!!

Ford Motor Co. announced on Tuesday key management changes that include hiring a new chief marketing officer and bringing aboard Will Ford, the son of executive chair Bill Ford.

The latest from the company's news release:

Elena Ford assumes a new role as chief dealer engagement officer "to accelerate the transformation of Ford’s nearly 10,000 dealers worldwide" across Ford Blue, Ford Model e, Ford Pro and Lincoln Motor Co.
Lisa Materazzo, a 20-year veteran of Toyota, joins Ford as its new global chief marketing officer. She will lead advanced product planning and all marketing activities across Ford Blue, Ford Model e and Ford Pro, as well as oversee Ford Performance and Lincoln.
William Clay “Will” Ford III becomes general manager of Ford Performance as the automaker expands its performance- and motorsports-related businesses and brand-building initiatives globally.

Elena Ford is a cousin of Bill Ford, executive chair of the automaker.

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Post ID: @OP+1oz2sFLE

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"William Clay “Will” Ford III becomes general manager of Ford Performance as the automaker expands its performance- and motorsports-related businesses and brand-building initiatives globally."

LOL - Ford's motorsports commitment keeps shrinking. Since the discontinuation of car production the company has left WRC. They are now contemplating leaving the Austrialian V8 series, dominated by GM. The recently announced re-entry into F1 is a joke and the company exited the Lemans series.

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Post ID: @tdgo+1oz2sFLE

It's funny Elena Ford's real name is Elena Anne Ford-Niarchos and changed it when looking for a family job at Ford. Most of these family members are useless including Bill Ford. He's in la la land most of the time and "passionately" had Ford Motor Company foot the bill for the train station renovation, instead of his own pocket. Edsel Ford had a good reputation as the CEO of Ford Credit, so I'll give him his due respect. Other than that, future problems for the Company to be sure. Nothing worse than entitled Ford family members and their own agenda, especially since this is supposed to be a Fortune 500 company and not a family business.

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Post ID: @fjf+1oz2sFLE

Does Ford have the most ignorant bunch of foools on the BOD compared to other companies? I say yes.

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Post ID: @olp+1oz2sFLE

The family made Will Ford III start from the bottom (he started in FCSD about 15 years ago), so he has some experience. I'm hoping he'll be the blessing we need to move this company in the right direction.

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Post ID: @wuf+1oz2sFLE

Pathertic. Elena is an enormous failure. Sad. Farley su-ked up to her and Alexandra while backstabbing another failure, Hackett, to become a laughable CEO.
Little Will, with his boyish charm, as Alexandra, is not qualified to enter this business, at least not yet. Investors are aware and the stock will continue to crash.
Layoffs? They are coming quietly. Truby can no longer contain the bad press and unethical behaviors behind mass terminations and offshoring NA salaried jobs while FoMoCo receives obscene loans from US ( yes, USA and us, the taxpayers )!
EV dev is delays, the vehicles look terrible. A Lo, another failure brought in from Renault ( F Louis-Victor also came from Renault ) can not lead or make decisions and the studio design directors continue to fail - everything looks like bad copies of Teslas!!!!! Why haven't studio design LL3/4/5/6 been terminated??? They iack any competence in creating a modern vehicle that resonate with dealers and customers and continue to delay production timing while enabling D Field in making design decisions. A Lo's chief of staff was terminated during a previous layoff and yet somehow was re-employed - nepotism at its best. The studio has countless harassment violations yet Ford's so-called ' zero tolerance ' seems to be exempt from this group. Noticing small numbers of layoffs which are being kept very quiet throughout all orgs, my guess is to bolster Q4, another 1-2K NA salaried will be terminated end of september. Good luck to all.

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Post ID: @zwd+1oz2sFLE

And they brought in a woke new marketing VP. BOD are fools

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Post ID: @pnw+1oz2sFLE

Oh Boy.. More Ford family involvement.. Just what they need. Their only qualification according to Wall Steet is the name on the side of the building. Not buying that stock.

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Post ID: @zqx+1oz2sFLE

Good news
Now the new comers will start the sh-t show again!!

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Post ID: @dhu+1oz2sFLE

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