Top of the house pushing for full AI automation. Not sure if they understand AI can't be deployed through dirty data structures, but they will try anyway. Think its bad now? Wait until you are one of the only humans left with these broken bots. I give it a year until mass exodus of humans is complete.
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Layoff everyone and shut the doors. Enough of this nonsense.
@j4 While I don’t disagree, I could’ve said the same point without saying Caleb hammer. People still buy tahoes and Escalades then try justifying it later. Americans generally feel entitled to their purchases. I don’t feel bad for someone who voluntarily chose their car payment when they had alternatives of a cheaper lower trim economy car or a used car. Same way I don’t feel bad when a bad server expects a tip and someone tries guilt tripping with the “they need that to survive”, yet they voluntarily chose that job over a constant wage. People make that choice regardless of you advising not to.
@jf How have you not been checking? I can see the meetings on my coworkers calendars already.....
So is it tomorrow? The layoff day? Should we check if our LL5, LL4, and LL3 are active online today scheduling meetings?
@d0 Caleb Hammer is an extremely skewed view of American finances. I would not count it as statistically significant.
@df Do you pay 100$ for the insurance with a new F150 track? I think it is at least 200$+. The 2006 Toyota is 90$ per month. Parts are cheap and still available.
@e3 I assumed a Taco, good for all of its amazing 21 mpg.
@df Are you not taking into account they drive 20k miles per year and the fuel economy is twice that of a Ford?
Let's try the calc. Used Toyota is not 0, let's assume 10k. But since it's a POS you can do PLPD only, to save $100/month on insurance vs. leasing.
Generously let's assume 700/month lease for the Ford and $100 for that insurance, so $800/month or $10k/year in lazy math.
20*10 = 200k
So off by a fair bit by saying 300k. The lessee also never has to replace tires or brakes, which are these days 1k / piece. So yes I agree with you @da, not a 300k savings.
@d7, while you have no doubt saved a lot of over the years by driving a used Toyota vs new Ford vehicles, there is no way it is in excess of $300k.
Driving old Toyota for 20 years, not planning to to lease or finance anything. I saved 300,000 or more keeping it for so long. The vehicle culture is a mindset , I wanted to to drive from A to B and be frugal.
@a5 I feel bad for those ppl who leased or financed vehicles they cannot afford, plenty have car payments over $1K a month + insurance.
I disagree on this part, I really don’t feel bad. Maybe I just watch too much financial audit with CH, but people make these decisions regardless of you telling them not to. People make those bad decisions and justify it hard if you say anything, to them it’s still worth it when the consequences come, or you have the rare person that figures out how to balance it eventually.
@a5 It’s terrible BUT it’s your own fault for being that much in debt. That’s on you, Ford didn’t create the debt. Those who survive this recession will start out with only living expenses, no credit debt and a car that’s paid for. Control what you can, no one is entitled to things they can’t afford. Quit paying for the same thing 5 times over, be debt free and less dependent on a bunch of fickle billionaires with delusions of world domination.
I will do it on Monday
Get that lightning ready for Naxtra. The pendulum will be swinging back.
Awaiting more guessing game postings on layoffs, but with the state of the industry and economy, we can continue to guess there is no light at the end of the tunnel. Could be Monday, or it could be in January 2026 to not spoil Thanksgiving or Xmas, JF and DF have a little jingle for this to be the season of giving, well at least for them, the bonus target is above plan. January layoffs are the worst, cold as he-l in MI and credit card bills from all that Xmas spending. I feel bad for those ppl who leased or financed vehicles they cannot afford, plenty have car payments over $1K a month + insurance.
I am watching car sales , it is still OK , probably till Q2 2026. When the sh..t hits the fan , it will become obvious even without this site. The scariest part is to survive 50-60 % cuts and from underwater swim to the top as a survivor.
Haven't heard any so far