Thread regarding Ford layoffs

Same deal as previous comment. Left in 2008 downtown. Took early retirement package. We waited 9 months in Phoenix Branch for it to end. People were mentally strung out. Well said really disrespectful way to handle this. I read another article today he says this is a huge year and big change on the way. Why not keep lower profile and make changes. Sounds like he is threatening employees or trying to run off as many as possible. My thoughts are with the employees and know your future will end up OK. I started 2nd career in healthcare much less stressful

I'm just glad I got out last year, took the 9 month pkg, and lump sum retirement pkg. God I feel for those of you still with the motor company as well as Ford Credit. I left in Sept 2018 and this garbage started trickling out in October. Six months of this waiting for the ax to fall. Hey Mr. Hackett make a decision and do what you need to do. This is no way to be treating employees. Mr. Hackett your employees are worn out waiting. This indecision is BRUTAL and CRUEL. What do we hear in today's Huddle? Nothing.....absolutely nothing but dribble. Some c-ap about buying a scooter company. Ford makes bad a-- trucks, and fine cars. Americans are not liberal Europeans. We don't want scooters. We don't want electric self driving trucks or mustangs. We want tough powerful work trucks and Mustangs with a growl and a soul. Restructure where you need to, but get it done quick then get on with making high quality tough trucks and cars.

What exactly do you mean by restructure less profitable wholesale dealer floorplans? Is FMCC terminating lines of credit or raising the rate? Also has FMCC tightened retail lending across all makes and models or mostly non Ford products? With cars going away what you say makes sense. You don't need to support car sales, just trucks and Chase Bank has shown that can be done with Mazda and Jaguar Credit. Think Barclays keeps specific locations open? Love to hear more from Ford Credit insiders here.

Wouldn't be surprised. I have always thought Hackett was brought in to protect t he Ford family interests, not the company. Look at all the LLCs he has created in his short time. If the family wants to exit, their best bet is to make FMC look attractive to buyers. Carve the profitable areas into stand alone units and sell them off. Gut the less desirable units and leave them for a merger (VW) or takeover. They already shed cars- someone will want to buy the truck business. Hackett is the beginning of the end for FMC.