Thread regarding Ford layoffs

Maybe Farley is a mad genius?

Hear me out.

EV production is slow. Component prices are up. Stock price continues to slump. Company is shedding employees in droves in a number of ways. Recession on the horizon. Quality in the cr----r.

So what does he do? He goes before the retired engineers and claims that fixing quality is the #1 priority. And that it will take years to fix.

See what he did there? The first paragraph would mean most CEOs their jobs. He knows this. So he is subliminally planting in people's heads, Bill Ford's chief among them, that quality will take YEARS to solve. The genius is that he is trying to buy himself time as CEO. Even if Bill falls for it for another year, that is one more year of $20 million+ in compensation for himself.

Mad genius. He should already have been fired and now he is manipulating his way to stay for the foreseeable future.

by Anonymous
| 1597 views | | 12 replies (last December 23, 2022) | Reply
Post ID: @OP+1khWkMX5
Comment! It's anonymous!

12 replies (most recent on top)

Quality is down because Ford rewards engineers for keeping the cost down. In order to keep the cost down, something has to give, which is quality. Ford needs to stop being cheap and awarding engineers for cutting cost so much. We all know that you get what you pay for.

by Anonymous
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Post ID: @3kad+1khWkMX5

@1rmi+1khWkMX5 Whomever it was, they are a hero!

by Anonymous
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Post ID: @2odi+1khWkMX5

Minus the genius. Just mad.

by Anonymous
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Post ID: @2coc+1khWkMX5

Makes you wonder who from those retired engineers leaked that speech to the press.

by Anonymous
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Post ID: @1rmi+1khWkMX5

That was the most irresponsible public statement a CEO could make - The quality issues will take years to fix! JF is not a mad genius, he is flat out insane, a psychopath. Making that kind of statement in public should have been his immediate path to the door and this tells me that no one in the e-roll has any common sense left. The company spends too much money on non-value added projects and consultants that do not contribute to design and manufacturing quality.

by Anonymous
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Post ID: @1sdi+1khWkMX5

Retired from Ford, I drive a Honda

by Anonymous
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Post ID: @ykr+1khWkMX5

Ham & Egger

by Anonymous
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Post ID: @due+1khWkMX5

No one wants EVs. Go away Ford. You should not be around….you should already be a brand of another auto conglomerate.

by Anonymous
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Post ID: @rkd+1khWkMX5

Hackett did nothing but fumble with a chip bag and pull his little red wagon around.

As soon as he announced we were not longer building cars the writing was on the wall.

A diversified vehicle portfolio wins the race. High quality, value and simplicity built in high production volumes is key. All this niche stuff will sink the ship.

by Anonymous
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Post ID: @hik+1khWkMX5

Do you think Consumers Report reads Farley’s comments. Looks like a couple more years of the panning Ford vehicles until chronic quality issues are fixed. Another job done well Jim!

by Anonymous
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Post ID: @hic+1khWkMX5

What Farley’s words said to me is that it will be years before I even consider buying a Ford vehicle. It wasn’t too smart to tell everyone our poor quality will be with us for years to come. Why would anybody buy any product after being told it is inferior?

by Anonymous
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Post ID: @bvc+1khWkMX5

I would not call it genius, more conniving. The bottom line will rule the day. The main reason why Hackett was sacked. That guy wasted some really good years for Ford, and the poor results pointed to floundering internally at the company. There were no excuses because the economy was booming during most of Hackett’s tenure. I think Farley is hoping for a market downturn so he can pin his failure on that. Remember that all of these leaders are narcissists, and will do anything to shirk responsibility.

by Anonymous
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Post ID: @ezg+1khWkMX5

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