Thread regarding Ford layoffs

Office space vs Employees

From June, 2018: “ Michigan Central Station, shuttered 30 years ago, will be redeveloped over the next three to four years into a magnet for high-tech talent and a regional destination with modern work spaces, retail, restaurants, residential living and more.”

In May, 2022, four years and over a billion dollars spent later, the train station is nowhere near ready to move in, and nobody at Ford wants an office there. We are still paying rent for empty, unused space at Fairlane Mall, according to today’s Detroit News. All this money being wasted could have been reappropriated to maintaining employees on staff.

Bill Ford is making these poor decisions, not Farley, but Farley isn’t trying to stop him.

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| 1271 views | | 6 replies (last May 18, 2022) | Reply
Post ID: @OP+1gNxcZEU

6 replies (most recent on top)

"BF was fired by his own family in the spring of 06."

Why did Ford re-hire him? Why is he still running the company and the ship show?

BF should just move into democrat politics. It is clear thats what he likes best. They will love to have him.

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Post ID: @akm+1gNxcZEU

Anyone other than a Ford Family member would have been shown the door by now. This is a good example of why BF was fired by his own family in the spring of 06. He is in over his head.
Read the Wells Fargo Paper for downgrade of GM & Ford. Spelled out real clear.

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Post ID: @yyf+1gNxcZEU

Ford would be many millions of dollars ahead if the historic train station had met the same fate as the historic PDC Showroom, namely a hot date with the wrecking ball.

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Post ID: @vae+1gNxcZEU

I'll make the prediction now.

First wedding hosted at the train station will be a same-s-x couple, and splashed across local media, maybe even front page of the Detroit Snooze and the Free Co---e Press.

Got to be as woke as possible!

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Post ID: @yqz+1gNxcZEU

Plus more empty space in Taylor, where the old KMart and Masco businesses used to be.

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Post ID: @suf+1gNxcZEU

But Board Member Alexandra will be arranging weddings there! That's why she has a million dollar compensation package, it is such an important area of our business. I’m sure they will break out the wedding rental revenue on the financial statements next year.

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Post ID: @thv+1gNxcZEU

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