Hot off the presses. There will be an involuntary reduction equal to 10% of US salary employees plus what VIP missed. This is to do what SRD was supposed to. Also, we need less employees to design electric vehicles. You heard it, now is the time to see if this is a new powertrain or a new business and I suggest you all read about the new company! Also a reduction of all non-essential contract employees. All contract employees will not be terminated. Only those that are deemed non-essential. New Management. New rules. Time to get with the plan! The times they are a changing! or Meet the new boss, same as the old boss. And so it goes on ........
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It is coming out right after the election. I assume that is obvious to everyone. This is not just my opinion. This is fact!
Right on brother!
This whole scene is about views and clicks and likes and the Ford Layoff Groupies rule!
I am sorry that I had to be so firm, but you had it coming.
This is a FORD site! Plain and simple. All the posers. Leave!
We are all safe. We have a daredevil running the company.
An insurance companies dream!
@kufq+17f–sVe Uh no, most of the readers and posters are Ford employees.
Pretty funny. I started this LMFR a couple weeks ago and sheep are still feeding off of it. This whole site is a sham populated with people who got fired from ford, can't get hired by ford and HR listening to the blogs. Too Funny!
In November of 2018 then VP Jim Holland had a town hall. during the q&a someone asked about HC reduction rumors. The HR Lady was up on stage with him... And his exact response was "Make No Mistake There Will Be a 25% Reduction in HC in PD Worldwide over the Next Three Years". Look at the cycle plans folks? Other than F150/Bronco/MachE.. Super Duty.. what else do we have? JF is not as laid back as Hackett...and during the 8/15 Town Hall both Billy and Jim said a plan was presented to the board.. and 2x Billy stated this has to be executed ASAP.. And when JF spoke well he pointed out platform reductions.. So ask yourself how does that impact PD? A few years ago the CD6 Program had 6-8 top hats,, so we went out on a hiring spree only to watch those programs get cancelled.. So what do you do with those people?
Smart ReDesign. It wasn't.
If you don’t know what SRD means you must not work at ford, or you weren’t there in 2019....otherwise you would know..
What is SRD? Trying to follow the threads and not clear on "SRD".
There is roughly a 10 percent cut coming across the board in NA post VIP which is minimum required to keep the people that count happy
Target is to reduce costs by $1billion next year
@4gv is right, Times are are a bit tenuous right now and some cuts are coming, but we are not sliding towards the event horizon. From reading the posts on this site you would think that we are another Ruby Tuesdays that had a bad product and finally went down the drain.... We have some decent stuff in the pipeline and a new CEO who cannot be worse that the last one. Years ago we made some real junk and we never cratered because it was balanced out by the good stuff that we produced. I will give Jim-2 6-12 months before I pass final judgement.
Reference: Basic analytics on the number of employees - hourly and salary - number of plants - demographics of employees for pensions - profit of the company - future outlook - put in the huge crunching machine and pull the flat plane crank handle and there you go - We are not doing that bad. Trucks are selling. Explorers are selling. Escapes are selling. Bronc sports (bad name) will be selling. Mach-e's (bad name) will be selling. Broncos will be selling wildly. Lincoln selling well. Launch well and bring more product. Watch cost. We will do ok. But there will be salary haircuts. Get used to it.
Leadership does impact employee vehicle purchases. I bought only Fords even before working for Ford. That loyalty stopped when a reorg placed me under an abusive LL6. The guy was a train wreck. He was verbally abusive and insulting to minorities and women. Several on team had a meeting with LL5 as it was so bad. The LL5 did nothing. So we went to HR. HR backed the LL6 and LL5. And furthermore the LL6 and LL5 blocked all our lateral moves claiming we were critical to the business in current roles.
After that no one on the team drove a Ford. It was symbolic. Ford doesn’t care about us, we don’t care about Ford.
Of course most of the people left Ford over this. Some sat and did nothing waiting for a leadership change.
The Focus and Fiesta are unmitigated disasters that the company is still paying for today. See DPS6 fiasco. Taurus didn't sell. I like Alan. He's easily the best leader we've had in decades. However, everything that was produced under his reign wasn't golden.
I remember Mullally doing 5 to 10% reductions every half year during his stay. Horrible time to live thru. I remember a time when u could see an ocean of Ford Products in the employee parking lot. That all changed upon Mullally Departure with every make and model under the sun mixed in with the Ford/Lincoln’s. Mullally gave us the Taurus revival, freshen up the fusion, a new Focus, and brought back the fiesta. Good work Alan!
EPLM has contract workers that are Ford retirees receiving a pension and on Medicare....spent their days walking back and forth to get coffee - coming into the office to socialize and receive free money. I imagine they are doing even less from home.....
Hello! The VIP after SRD is to get FORD onto the stockmarket price increase roadshow. And that was pre Covid!. So here we are. No Jim! Yeah! Serioulsy, f—ing yeah!. Dude looks serious to get people on message. Maybe not, but maybe ... We all all love Mulally. Seriously, who the fck did not love this dud. Shook his hand. Thought he was . Shook Fields, was disappointed but "how you missing me now>" Good front end vehicle. Seriously. Hackett. Waste of space. Jim needs to look less like Chris.
No need to ask auto analyst. Just open your eyes and ears and talk to people who actually work.
My department could take a 70% trim and be more effective.
My brothers department could take a 50% trim and be more effective.
My cousins department could take a 30% trim and be more effective.
My neighbors department could take a 20% trim and be more effective.
The problem is the supervisors, managers, directors and upward all always claim they need more people. They continually expand their empires with unqualified friends and relatives.
IT managers and directors have been known to squash automation that would do the work of half their staff. They don’t care about Ford only their own careers.
Yes using a 2 year article is fair. I would however extrapolate the 25% mentioned then to 35 - 40 % reduction now.
Thank you for mentioning that.
Ok. So you react supposed to react to a 2 year old article? And journalists are setting the Farley plan? Please. If you like aged news go back 3 years press said Hillary will be elected.
Reference articles from auto analysts from 2 years ago stating Ford needed to cut 25% of all salary workforce to be competitive with industry. FCA, and GM salary percentage to sales is lower.
Only 10%? Needs to be 25 - 30%
Stop creating panic. if it is real everyone will know / read it in the press. Don’t pay attention to these hot off the press bozos
What presses reported this? Source please.
Gone are the days of the Fireside Chats, and talk of talk of the Little Red Wagon. Farley is going to have allot of employees living in vans down by the river.
This is exactly what I have heard and I KNOW people!
Wasn't the general business argument for agency workers that they could be eliminated easily and quickly to meet current market demands in whatever industry they were being foisted onto? That's always been the danger of being an agency head anywhere.
I haven't seen the above information with my own eyes, however it strongly smacks of the "Way Forward" where all agency heads were cut by default and managers then had to make a case for every single head they deemed essential in order to keep them from joining the Walk of Shame parade that dark day.
And the reality is, they are going to create such a dysfunctional company no one is going to want to work there. Already having a rough go trying to recruit software people, they view the company as a dead end with no growth opportunity. If they come they do the 5-6 year stint, get the masters, and scoot. Just a launch pad for their next move. Sure the challenge exists but to what point is it not salvageable? Many people will ask themselves if it's worth the adventure if all signs point to failure. When you dismantle the institution called PD, you are bound to feel the effects for many years to come. Some you can recover from (stop ships, recalls, etc.), but you will encounter the big one where a vehicle is so bad you can never sell it or have to delay it a year.
First of all, everyone and their borther and sister know invoultaries ae coming - has been Ford's pattern for last three times. Offer voluntaries first, then involuntaries the next year. Nothing new here, and I doubt the new management team has much to do with it, as these takes months.
SRD was always a long term plan (in 2018 Hachett said it was a 3 to 5 year plan)...so here we are, aren't we. Use what time you have to find somethig else to do.....
Let the bloodletting begin. Sounds like he pulled a page from Nassar’s employee handbook.
Wow! That is some serious sh*t. Thought JH leaving would calm stuff down. They are laying down the law. Won't be long before the peasants are revolting! Thank God for SRD!!!!