Thread regarding Ford layoffs

Ford Motor Q2 24 Earnings today (7/24/24). Expected to blow the doors off Chevy.

Conference Call At 5:00 PM ET,

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| 1353 views | | 24 replies (last July 25, 2024) | Reply
Post ID: @OP+1tF3hGfX

24 replies (most recent on top)

Lawler can spin it however he likes, but it doesn’t change the disappointing numbers.

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Post ID: @1ull+1tF3hGfX

Did anyone really pay attention to what Lawler said? Based on comments here, it does not appear so.

He detailed how Ford+ is working and it's successes. Don't paint a negative picture when there is much positive at Ford.

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Post ID: @1ubo+1tF3hGfX

Just curious ... Any idea how much the LL4, LL3 and LL2 levels make in base pay and bonuses ? Cutting needs to start right there ...

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Post ID: @1jit+1tF3hGfX

I still follow this forum as it was useful a couple of years ago. Just glad I did get laid off last year and got a job quickly, I don’t think it will be easy for those impacted over the next few weeks.

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Post ID: @1diw+1tF3hGfX

Well. We are definitely a fleet company now.

2nd half doesn't look to be any better. Days of inventory continues to rise. Incentives to move inventory will cut further into profits. And our quality is still total garbage.

Get those resumes ready.

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Post ID: @1lhf+1tF3hGfX
  • Something doesn’t jive.

its almost like we have a bunch of buffoons running this place, but that can't be right...can it?

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Post ID: @1lfp+1tF3hGfX

whatever happened to the guy we got from JD Powers to help improve quality?? Was that all a show for nothing?

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Post ID: @1cjz+1tF3hGfX

OP, being a good Ford manager, would you like to “recall” your projection. Keep drinking that Farley Kool-Aid.

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Post ID: @unq+1tF3hGfX

Maybe this earnings debacle will speed up the layoff timeline?

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Post ID: @jtt+1tF3hGfX

Maybe the experienced people knew just a little after all....

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Post ID: @ozp+1tF3hGfX

Confirmation that Farley is a silly rabbit and should not be allowed to drive a race car on the company's dime. Only BEVs to drive for him, from now on.

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Post ID: @liv+1tF3hGfX

Good luck recruiting “top talent”.

You fired most that you had b abuse they were over 50. That should be a warning to anyone in their 40s considering a move to Ford.

Who would want to leave a secure job to work at Ford now?

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Post ID: @pmh+1tF3hGfX

That is over a 30% miss. For a Fortune 500 company? Something doesn’t jive.

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Post ID: @xnl+1tF3hGfX

Based on earnings report, stock is down almost 12% after hours….

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Post ID: @hfy+1tF3hGfX

It’s always interesting to see how Ford execs try to sell our results internally vs what outsiders say.

Ford execs: Ford+ is totally working guys!
CNBC: Ford shares plummet 11% after massive earnings miss

Sh-t like this is why there’s no trust in the execs and why employees are pessimistic about Ford’s future outlook. It’s time for candidness from our executives and to start treating the workforce like adults again.

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Post ID: @ljx+1tF3hGfX

Maybe they’ll confirm Farley is exiting. Undo the poor EV decisions and have hope with hybrids.

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Post ID: @kil+1tF3hGfX
EPS .47 vs .68 expected. Warranty repairs.

Remember all those “quality”classes we had to take in 2023? Something like 40 hours worth.

I guess not.

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Post ID: @zms+1tF3hGfX

Oof.

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Post ID: @asl+1tF3hGfX

@1mt They always love to blame warranty cost... idk it seems like taking a $130k bath on every EV that goes out the door might have something to do with low earnings. But that would reflect poorly on Fartley's decision making, blaming engineers is easier

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Post ID: @pbm+1tF3hGfX

Ouch!

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Post ID: @wer+1tF3hGfX

EPS .47 vs .68 expected. Warranty repairs.

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Post ID: @lmt+1tF3hGfX

🤣

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Post ID: @utf+1tF3hGfX

I don't see any reason to hope for the worst? That's not the point of this forum is it?

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Post ID: @nnb+1tF3hGfX

Thanks for a good laugh!

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Post ID: @rbv+1tF3hGfX

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