Analyzing 2018 Financial's Ford N/A carried the company in all segments; profits, EBIT, etc. And Ford sold cars too. Upper mgmt. is not being transparent in pushing for layoffs in the USA while keeping still a large presence in Europe, South America, Middle East, China, all those divisions lost a lot of money that could have been used to sponsor the new electrification trends.
We in the US are paying the consequences for upper management bad decisions in those markets. Ford Board of Directors should have been more proactive performing a performance assessment of all VP's and their directors and get rid of the low performers at that level. For those who are authentic personnel working for Ford would agree that Quality is defined at the lower level by the GSRs . But key financial decisions are made at LL3/2 and above and only one VP are removed, Bakai.
Indeed there are many LL's who have been in the company for many years and keep changing chairs, if upper mgmt were really committed to purge the leadership levels, many LL's should have gone but only a handful were let go.
Although a painful process, we engineers knew that this event was going to happen just by looking to GM. Purging the ranks were done in 06/07/08 during the down turn just after Mullaly took over but his administration focused on GSR's. Now there were some LL's impacted but not as many as they should.
I wonder for how long is Wall Street will continue giving an easy pass to upper mgmt in regards their decision to continue financing low performers divisions outside the US