Thread regarding Ford layoffs

@cf In the Jac Nassar era the company went from conventional financing to exotic asset based financing which generated cash, but eliminated one of the Company’s safety nets. The cash was used in a spending spree to acquire companies like Jiffy Lube, Land Rover, Aston Martin, Volvo, etc. Massive investments were made in these businesses, but they were never profitable and had to be sold at a loss. The risk of asset based financing was realized in the 2008 Financial Crisis. Ford was unable to get loans for its customers while Toyota offered zero percent financing. Market share was permanently lost. This disaster also hit GM and Chrysler, and they restructured under bankruptcy and Chrysler merged with Fiat. Ford chose not to restructure through bankruptcy, and instead took on debt. The result is that every business cycle Ford hires people during the expansion phase, but has layoffs during the recession phase because there is no reserve to carry the Company through the recession. This results in loss of acquired knowledge, poor morale, workforce burnout, and operational ineffectiveness. Failed launches, poor product quality, high warranty costs, low stock price are some of the consequences.

@kv+1k10ncgea not only is engineering pay flat, but your experience seems to count for nothing any more. old joke: what 2 professions cause you to lose earning power the longer you do them? engineering and uh, lady or man of the evenings, haha. they actively try to get rid of you if you have a lot of experience, in fact. i mean for engineering.

The combined Detroit three OEM market share is about 40%. 60% of the American customers buy "non-American".

@kv Who will design our we-pons of the future?

Who will shepherd them through production?

Foreign nationals?

The U.S. isn’t training our own citizens to do these jobs. This his a national defense crisis.

Listen folks. This H1B thing is and always has been a way to flatten engineering payrolls. It worked too. Engineering salaries are terrible right now. Nothing like what they used to be. A young person would be crazy to get into this field. Much more money to be made in other area areas.

This country is heading to self destruction. We printed money, jacked up grocery/ housing prices but at the same time tolerated companies to hire cheap labor overseas and ignore massive layoffs domestically. It dilutes American households wealth. If the H1B folks are so skilled and so hardworking, why don’t they stay and build up their own country instead of coming here to lowball our salaries and to su-k up American wealth. Ford brand didn’t build by the H1B workers. They are just piggy backing on other nations success.

JD can dance all he want around visa workers, but I bet be won’t go against the likes Theil and Elmo. These are just sound bites so that voters think that our politicians (both sides) care about us.
Companies hire H1s because they are cheap - plain and simple, and charlatans like JD are the ones who demonize these visa workers, becuae it’s easy to fool the base that way.

It just becomes pay to play. You want H1B workers? How much you donating to the political circlej--k

Someone wrote saying what if someone goes from here takes job in India, well do some research there are many top executives from here who are holding key positions in India do some research, but yes if you try to replace engineers good luck you have to compete against millions highly skilled one and be ready to work 10-14 hours ..

Many years ago, I would not have felt so bad for all these beggars' posts. Everything is about see-what-they-did-to-me. But the truth can be much different.

Once you come to the realization that you are THE one who is responsible for your own future, at the end of your working career, you will be very proud of yourself and say "I did it my way."

@b5 Guests in our country must understand that they are being treated far better than an American would be treated in their country and culture.

When I can move to India and take an Indian job from and Indian, then we can talk.

@b8 Neither Importing foreign workers nor offshoring work helps U.S. citizen workers. Either way, the work is gone.

But offshoring the work is hard on management at U.S. companies. So, let them do it.

How about executives who offshore take a hit themselves. Tariffs on white collar offshoring

Let’s start with the issue of Canadians commuting to Michigan for work. Try going the other way—crossing into Canada and telling them you're there to do some work. You’ll quickly find out you'll get turned around.

Now let’s shift the conversation to foreign nationals living in Canada who now drive into Michigan for employment. 1000's & 1000's !

If this concerns you, reach out to your congressional representative and file a formal complaint. If you're in Wayne County, that means contacting Rashida Tlaib—though might be easier tolerating this than dealing with this lovely persons office !

When will Ford replace LL5, LL6, Supervision with H1B's?

There's talk and there's action. Wake me up when we see action!

Become ungovernable.

@b8

Become competitive.

look how quickly restrictions on h1b are leading to migration of entire teams to offshore, that how i see happening across multiple companies, I have friends offshore who say they are struggeling to find candidate back home!!! why because companies to shutting teams and moving major part of work offshore they also dont want to deal with h1b now.

This is exactly what Trump said in AI summit today , watch it. Hate for h1b leading to more offshore work.

so how do you control this?

Another H1B hater post , just because you cannot fight back to corporate greed and billionarie guild.

Where are you from ? some refugee, asylym seeker or lottery green card ?

Walk life of a H1B and you will know how much govt scrutiny and paperwork is involved.

if you CAN , fight against corporate greed, and the greedy executives who are in driver seat! because when jobs overseas you are not getting salary either!!

Here’s a post on X.com from Breitbart about this.
https://x.com/BreitbartNews/status/1948534593302258032

U.S. citizens should be first in line for U.S. jobs.

Foreigners do not a right to American jobs. They have a right to jobs in their home country.

By all means, if you need to augment a team with the brightest, hire H1B that qualifies, but if you are laying off American workers in the current year, you are not eligible for the program, for next several years.

@a5 Why would that mean that the majority of people will be on visas? You honestly think they’re hiring H1Bs for their brains? No, not in most cases. It’s all about the $$$ and control.

6 years ago Building 3 in Dearborn was full of H1B’ers. Thought I was in India

saw the same article. hope that the microsoft execs responsible for this did a sp-t-take with their morning coffee when they saw it.

@a9 not just ford, all companies with H1Bs. Maybe 1 out of 5 is good but mostly just worker drones that just follows instructions and freezes when something not covered by instructions happens.

@a9 - No person with good skills will work for Ford in the first place and that applies to citizens and visa holders. If you are still at Ford inspite of the clown show being run by DF/JF, then it’s your fault.

@a5
Spend some time working at Ford and then tell us with a straight face that the visa people are the best and brightest.

@a5+1k10ncgea M0r0n! The only thing that make Americans "lesser qualified candidates" at the eyes of these large companies is their salaries/benefits.

But we're not supposed to like DEI, right? Hire the smartest and best person for the job, right. So inevitably that means the majority of people will be through the visa program.

Or do feel there should be quotas to hire lesser qualified candidates that happen to be citizens?