GDIA is growing organization. Not yet successful in providing meaningful insights. Ford hired (and still hiring) whole bunch of Data Geeks who do not have any domain knowledge (Auto). Result– Tons of graphs/ charts with no insights and wasting every... — read more
Ford retirees with PPO 4000 insurance plan Re: Auto Insurance reform
Hopefully this will help some other retirees figure out the auto reform impact. As I was checking on potential savings from the recent auto insurance reform l was informed by BCBSM that our PPO 4000 plan, which is already costing some retirees $600+... — read more
Earnings - Good or Bad???
Earnings didn't sound too bad on the suface, however, the Argo accounting helped improve the story. How did Hackett spin the results? Are people feeling better given the decent cash reserve??
Ford defers small government loan at higher interest rate
https://www.freep.com/story/money/cars/ford/2020/07/31/ford-defer-loan-payments/5554286002/
Negotiating Salary for GDIA Tech
I just got an offer for a skill team called GDIA Tech. Heard of it? I'm wondering what the going rate is in this department? Any insights?
Ford in scramble mode
"Ford is in the final days of a scramble mode — paying one credit card with another credit card until the gig is up," said market analyst Jon Gabrielsen.
Customer-Centric Changes
Ford CFO Forges Ahead With Customer-Centric Changes https://robinhood.com/news/article/ae6f85eb-c885-3a7e-934f-d5c21b6cb376 Nina Trentmann • Last Updated July 30, 2020, 10:09 AM Tim Stone had lots of ideas on how to change Ford Motor Co... — read more
New Job postings
Does anyone think that new postings are created so that the successful applicant will be the first to go if there is another round of SRD? I am wondering if management would choose to protect current employees by hiring a new person for a position... — read more
Layoffs coming to a department near you
Yet F is still hiring.. and for non-essential positions
Tesla paid off debt early, Ford notsomuch
https://www.freep.com/story/money/cars/ford/2020/07/29/ford-government-loan-department-energy-debt/5526413002/
GM reports better than expected results for Q2
Ford report will be a dumpster fire??? Come on Ford - we need you to succeed!
Being on the verge of bankruptcy will cause layoffs....
https://www.freep.com/story/money/cars/ford/2020/07/29/ford-government-loan-department-energy-debt/5526413002/ Ford is in trouble, the reference to paying off one credit card with another is pretty grim.
Anybody working in the warranty realm?
Anybody work with warranty data? How is that realm of Ford? Good to work there? Good people? Relatively safe? Good management ?
Collect and Clear
So I participated in this (go in, empty out your desk, take home personal belongings). Similar feeling back in 2008, but worse. I know they have to redistribute seating for Covid, but I feel a bunch will never come back (either WFH, or separated from... — read more
Data scientist job security?
How safe is life in GDIA? Thoughts of data science in GDIA?
WFH
Any idea when we will start back working from the office? Or will it be optional.
Ford Motor Company is issuing three safety recalls in North America.
Ford Motor Company is issuing three safety recalls in North America. Safety recall for select 2016-20 Lincoln MKX and Nautilus vehicles with 16-way power seats In affected vehicles, there may be insufficient clearance between the driver and/or... — read more
Any News in Mobility / Autonomous Vehicles?
Curious to any rumors
Cost of Targeting Wrangler
Ford Motor Company is already struggling to survive. The decision to relaunch the Bronco shows why the company is on the path to bankruptcy. The company’s decision to enter a market dominated by the Jeep Wrangler for 70 years is baffling. While... — read more
Disaster is coming for F on July 21/!As last hope Ford drew US$15.4bn under its corporate credit facility. Now no more cash and no more credit!
Ford Motor Co is in discussions with its lenders to extend maturities on US$5.35bn in existing credit facilities, two sources familiar with the discussions said. The second-largest US automaker has reached out to lenders within its top 20 bank... — read more
Layoff the support groups
https://www.freep.com/story/money/cars/ford/2020/07/16/ford-audit-racism/5442692002/ Maybe if we laid off all the people who spend their days participating in the 11 different support groups we wouldn't be losing $7 Billion so far in 2020.
Ford reported total debt of about 154 billion U.S. dollars. in July 15, 2020 was -154 Billions
Market capitalization July 15, 2020 26.57B. Ford had earlier drawn down over $15 billion from revolving credit lines on top of 35 billion used. So total debt is -154 billions on books. Ford go under water !Total debt per month go up -15 billions/... — read more
Watch how the corporate tune changes after 2Q performance is reported...
Bad management and poor strategy will cost jobs, impact of Ford’s performance. Exit the car business, alienate the police and their families, and bet the farm on Bronco (diluting Ford brands like F-150 and Explorer further). Watch how the corporate... — read more
Culture - Gasping on Ventilator
Copied comments from previous posts. Is this the cultural issue at all large companies or just Ford ?? The blowhards continue to rise at Ford until a bigger blowhard deflates the blowhard above him with a well placed knife in the back... — read more
Ford's Long Term Future
What say thee?
You Are Screwed.
You have 40 plus employees that do not want to sell law enforcement vehicles. Not good since Ford has over 70% of this market. I think that these great employees should be looking for other opportunities. Wow. Is everyone delusional at this... — read more
Q2 Volume Off 33%. Ford happy! Drinking the Kool-Aid? Over/Under on $6B loss for 2Q?
July 02, 2020 10:47 AM FORD: Q2 volume off 33% with gains for just 2 nameplates DETROIT — Ford Motor Co.'s second-quarter U.S. light-vehicle sales fell 33 percent, slightly less than most of the industry, as it was battered by the coronavirus... — read more
Do or Die !!
Tesla worth 254 Bil. Ford worth 25 Bil. Ford employees need to have "Do or Die" attitude. Does anyone see this attitude at Ford ?? How many people work after 4 PM or work in weekends ? Do emails sent on Friday get answered before Monday... — read more
“Drastic” pay cuts announced
At Daimler, at least they are being transparent about it, at Ford we just stick our heads in the sand and have thoughts and prayers that things will get better.
I won't lie, the new F-150 is amazing.
Well, well. . . I guess the new F-150 came to give some boosting. Great truck, great thinking. Really impressive. That's what it is all about.
Stock market is rigged
How is the market up with prospects for the economy so bad? Simple, The federal reserve continues to pump cash in the economy. Won’t be long before the big Rug pull.
Still and Option for the new F-150/Heavy Duty
https://www.youtube.com/watch?v=SRMvjeBFFYU
Layoffs Inevitable?
Covid seems to be sticking around and not going away anytime soon. JH basically mentioned no layoffs assuming Covid went away after the first wave. Seems layoffs are going to be inevitable. What are your thoughts?
Working From Home: "Abundance of Caution" OR An Outsourcing Exploration?
Not sure if "abundance of caution" is the underlying reason for the Work From Home or if there are other... — read more
Old posting- reposted
https://www.thelayoff.com/t/15o2eSYo
A new class-action lawsuit accusing Ford of falsifying tests related to the fuel economy of the most popular vehicle in the world, the Ford F-15
DETROIT–(BUSINESS WIRE)–Consumers today filed a new class-action lawsuit accusing Ford of falsifying tests related to the fuel economy of the most popular vehicle in the world, the Ford F-150, according to attorneys at Hagens Berman. “Ford... — read more
Ford Emissions Lawsuit FED is investigating claims by consumers who may have paid a premium for vehicles that were said to be more fue
Ford Emissions Lawsuit FED is investigating claims by consumers who may have paid a premium for vehicles that were said to be more fuel efficient than they are. If you own or lease a 2019 Ford Ranger and feel you were misled, call us today for a... — read more
Who Exactly Is Eligible for The Ford F-150 Class-Action $400 Settlement?
Who Exactly Is Eligible for The Ford F-150 Class-Action $400 Settlement? Ford F-150 class-action settlement over 2017-2019 Ford F-150 and Ford F-Series pickup trucks leaves some owners curious if they’re eligible to $400 payment. Kommer v. Ford... — read more