Topics regarding layoffs at Ford

Topics regarding layoffs at Ford

Survival Mode, The Math Checks Out

Ford has $30B after borrowing $15.4B. This provides enough liquidity for Ford to survive unless this crisis extends until the beginning of August per Deutsche Bank. Deutsche Bank’s Emmanuel Rosner downgraded General Motors Co. for the first time... — read more 

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Post ID: @OP+14tSPUfN

Layoffs

I wonder if the below statement from Tim is assuming no layoffs until the end of 3rd quarter. At least China is producing vehicles again. "However, we believe we have sufficient cash today to get us through at least the end of the third... — read more 

Aerotek

Anyone employed with Aerotek aware of any news?

30 Percent of the Workforce hired by Marketsource

Ford does not care who they get rid of. If your division is Motorcraft Parts and not making the margin your job is cut. They hired a company Marketsource. The program director has no idea what he is doing. Marketsource lay offs and fire you. Most of... — read more 

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Post ID: @OP+14shore8

Terrible News on Residual Values

Ford Credit's exposure is higher than ever. https://finance.yahoo.com/news/fear-impending-car-price-collapse-110000556.html

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Post ID: @OP+14sXcdOr

This will surely be a week to remember.

All was held back until after our invol. vacation and Easter weekend but all He$$ is about to break loose. Ford is hemorrhaging cash and to be fair Mr. Hackett has no choice. 20% salary cuts, furloughs, and 27 - 30+ folks are about to be shown the... — read more 

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| 3420 views | | 25 replies (last April 16, 2020)
Post ID: @OP+14s0C0uz

Useful Information

This site used to have some useful information but now it's a bunch of hateful jabs by people that cannot spell nor write complete sentences. Please stick to the point, folks. This is not about politics. You should be sharing topics about the... — read more 

Who's Next?

What department is going to be hit next? Any updates?

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Post ID: @OP+14qPYqwD

Need a job...?

https://www.cnn.com/2020/04/08/business/coronavirus-cobol-programmers-new-jersey-trnd/index.html?fbclid=IwAR2hzJ3Y6pYM4Wzr7GFdSB6YNuVfRXQNU3nzWzNX9hsQw4GQJ-d0xZIZu7U

Unemployment for those who were "Redesigned"?

I was wondering if any of the people who were redesigned last year are eligible for unemployment after their 9 month severance is over? Anyone try yet? I'm at the 9 month mark and wondered.

To Be Fair.

Ford employees at Troy Design did a great job producing medical shields this week. Great job. Thank you. Still no excuse for the 3 Stooges taking those big bonuses. Remember boys, some people felt great a week ago, and today they are dead. How... — read more 

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Post ID: @OP+14mXCiX3

Ford Agency Furloughs

Has any Agency personnel received a temporary layoff or furlough until further notice?

Open Office Design

When employees DO go back to the office, how are people going to handle the open office design in many buildings? They have people sitting so close to each other, there's just no way to prevent even the common cold from spreading.

It has been decided.

Life@Ford has updated the phased retirement statement for this year. The Phased Retirement Program will not be available in 2020.

An Open Letter to Mr. Hackett

Now you listen here Mr. Hackett. You have driven this company into the darn ground and taken our best leaders out. Leave now. Signed, Loyal Ford Employee.

3 Stooges.

Paying any money to the top 3 Stooges is disgusting at this time. Jumbo Head, the Clown, and the Humbled Entitled should donate at least 50% of their bonuses for what they accomplished in the last 12 months. Hope you do not have to go to the... — read more 

PRP Plan B

Just checked Life@Ford.com 9 months Severance and 5 months HC.

Cash For Clunkers 2

Ford leaders want Federal government to consider another Cash For Clunkers program. I am worried that not many new Ford's would be purchased as we no longer have many low cost vehicles

GoFundMe for Mr Hackett

Planning on making a GoFundMe for Mr Hackett and other execs who sadly have to lose up to 50% of their salaries. Anyone else interested in contributing?

Spin Scooter

The Spin Scooter team is doing great. No recalls. Keep up the great work. Would be nice to say that about the 4-wheel groups.

Official layoffs

Plants remaining closed through atleast end of next month. As a result, layoffs incoming. Word from top.

20% pay cuts for FOMOCO too

It's not like we didn't see it coming after GM's announcement, but DAMN none-the-less. 20% active and retiree pay deferal to be reviewed again in October 2020. Bet monthly pay pensioners wish they had taken a lump sum. Are benefits reduced as well... — read more 

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| 3440 views | | 21 replies (last April 1, 2020)
Post ID: @OP+14dZolP4

Mandatory April 6 - 9th Shutdown Vacation

How does this save the company money.............. unless it's earned vacation pay they would otherwise have to reimburse an employee they let go in the future. Something just doesn't fit.

Anybody surprised no job cuts yet?

I would think this would be a perfect opportunity for Ford to get rid of some people they were planning to get rid of anyhow while escaping the usual bad press - since everybody is doing it and it's not even the top news currently. I still think... — read more 

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