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Posted: 5/20/2019 3:51:56 PM EDT
SO ECONOMY, MUCH GOOD


DETROIT (AP) — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10 percent of its global salaried workforce.

The major revamp, which had been under way since last year, will save about $600 million per year by eliminating bureaucracy and increasing the number of workers reporting to each manager.

In the U.S. about 2,300 jobs will be cut through buyouts and layoffs. About 1,500 have left voluntarily or with buyouts, while another 300 have already been laid off. About 500 workers will be let go starting this week, largely in and around the company's headquarters in Dearborn, Michigan, just outside Detroit.
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https://www.10tv.com/article/ford-sees-twisting-road-ahead-cuts-7000-white-collar-jobs-2019-may
Link Posted: 5/20/2019 3:53:01 PM EDT
[#1]
Quoted:
SO ECONOMY, MUCH GOOD


DETROIT (AP) — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10 percent of its global salaried workforce.

The major revamp, which had been under way since last year, will save about $600 million per year by eliminating bureaucracy and increasing the number of workers reporting to each manager.
View Quote
https://www.10tv.com/article/ford-sees-twisting-road-ahead-cuts-7000-white-collar-jobs-2019-may
View Quote
Link Posted: 5/20/2019 3:53:12 PM EDT
[#2]
Asshole thread.
Link Posted: 5/20/2019 3:54:39 PM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
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Reread. I’m on my phone and only copy/paste so much at one time. Updated now
Link Posted: 5/20/2019 3:55:35 PM EDT
[#4]
Shitty companies can still lose money even in a good economy.  Not Trumps fault Ford sells a product fewer want to buy or their their labor costs are killing profit.
Link Posted: 5/20/2019 3:57:29 PM EDT
[#5]
Keep in mind that Ford employs 200,000 people.
Link Posted: 5/20/2019 3:57:45 PM EDT
[#6]
Thanks EPA
Link Posted: 5/20/2019 3:58:09 PM EDT
[#7]
Sounds like their cutting a lot of the middle managers. Which is a good thing, less bs for those that remain.
And honestly, as a white collar employee you should always be polishing your resume in anticipation of better opportunities and layoffs. It’s a way of life in the white collar world.
Link Posted: 5/20/2019 3:58:11 PM EDT
[#8]
7000 white collar, with most of them overseas.

Sounds like they had fat to trim.
Link Posted: 5/20/2019 3:58:56 PM EDT
[#9]
And Tesla shall rise and inherit the automotive market.
Link Posted: 5/20/2019 4:00:08 PM EDT
[#10]
Look at the overall numbers.

This is a leftist propaganda method.

When a shit company loses jobs for being a shit company....dont blame the obvious!
Link Posted: 5/20/2019 4:01:19 PM EDT
[#11]
Ford is restructuring, pretty simple.

They are cutting things that don't make them money.

Or they could keep everything and struggle
Link Posted: 5/20/2019 4:02:05 PM EDT
[#12]
In before Trump's tarrifs fault or some other nonsense.
Link Posted: 5/20/2019 4:03:12 PM EDT
[#13]
We need more robots to work.

It's the wave of the future.

And cars that will drive under trucks when we don't actually drive cars anymore.
Link Posted: 5/20/2019 4:03:26 PM EDT
[#14]
Ford also doesn’t make cars anymore.

The more you know.
Link Posted: 5/20/2019 4:03:33 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Keep in mind that Ford employs 200,000 193000 people.
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Link Posted: 5/20/2019 4:05:09 PM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
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Link Posted: 5/20/2019 4:06:34 PM EDT
[#17]
Quoted:
SO ECONOMY, MUCH GOOD
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It has nothing to do with the economy.  It was a planned part of the ongoing restructuring.  The stock price is off one cent.
Link Posted: 5/20/2019 4:07:05 PM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Ford also doesn't make cars anymore.

The more you know.
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They still have the mustang.

And GT but that doesn't really count...
Link Posted: 5/20/2019 4:07:05 PM EDT
[#19]
Thinning out the deadwood.
Link Posted: 5/20/2019 4:07:11 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Asshole thread.
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Link Posted: 5/20/2019 4:07:11 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

It has nothing to do with the economy.  It was a planned part of the ongoing restructuring.  The stock price is off one cent.
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Lol, K

Link Posted: 5/20/2019 4:13:43 PM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Shitty companies can still lose money even in a good economy.  Not Trumps fault Ford sells a product fewer want to buy or their their labor costs are killing profit.
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If only it was a Toyota\Honda\Subaru. Are they laying off?
Link Posted: 5/20/2019 4:18:31 PM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Lol, K

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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:

It has nothing to do with the economy.  It was a planned part of the ongoing restructuring.  The stock price is off one cent.
Lol, K

K, what?  It was anticipated.
Link Posted: 5/20/2019 4:19:58 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

If only it was a Toyota\Honda\Subaru. Are they laying off?
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No but they use the Kaizen / 5S / Lean manufacturing principles. FORD has fat to trim.
Link Posted: 5/20/2019 4:20:44 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
K, what?  It was anticipated.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:

It has nothing to do with the economy.  It was a planned part of the ongoing restructuring.  The stock price is off one cent.
Lol, K

K, what?  It was anticipated.
Like I said before the boss thinks he's right and no one will change that.
Link Posted: 5/20/2019 4:24:12 PM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
If only it was a Toyota\Honda\Subaru. Are they laying off?
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Shitty companies can still lose money even in a good economy.  Not Trumps fault Ford sells a product fewer want to buy or their their labor costs are killing profit.
If only it was a Toyota\Honda\Subaru. Are they laying off?
Well.  Yea...

https://www.google.com/amp/s/www.euronews.com/amp/2019/02/19/what-are-the-real-reasons-honda-is-closing-its-factory-in-swindon-euronews-answers

https://www.google.com/amp/s/www.daytondailynews.com/business/honda-will-suspend-shift-marysville-production-line/0F8YsK1f9sXLhrZKH7AzUK/amp.html
Link Posted: 5/20/2019 4:24:31 PM EDT
[#27]
Does this mean that a new truck won't cost $69k plus?
Link Posted: 5/20/2019 4:25:18 PM EDT
[#28]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Like I said before the boss thinks he's right and no one will change that.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:

It has nothing to do with the economy.  It was a planned part of the ongoing restructuring.  The stock price is off one cent.
Lol, K

K, what?  It was anticipated.
Like I said before the boss thinks he's right and no one will change that.
The guy didn't understand how time zones work and is a moon truther....need I say more?
Link Posted: 5/20/2019 4:25:29 PM EDT
[#29]
American auto would  rule the world if it wasn't for our Unions...
Link Posted: 5/20/2019 4:28:25 PM EDT
[#30]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Does this mean that a new truck won't cost $69k plus?
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Link Posted: 5/20/2019 4:32:01 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Does this mean that a new truck won't cost $69k plus?
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Correct.  Ford firing 7,000 white collar employees will not cause them to raise their truck prices to $69k plus.

Weird question, but OK.

Attachment Attached File
Link Posted: 5/20/2019 4:32:10 PM EDT
[#32]
so if they cut everyone over at Ford Credit?
Link Posted: 5/20/2019 4:33:11 PM EDT
[#33]
They are dropping most everything under $50k which leaves the trucks, suvs and mustangs. Don't need as many people to make a smaller lineup.
Link Posted: 5/20/2019 4:34:24 PM EDT
[#34]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

The guy didn't understand how time zones work and is a moon truther....need I say more?
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Whats a moon truther?

I feel like I really should not ask, but I just gotta know
Link Posted: 5/20/2019 4:36:30 PM EDT
[#35]
Almost all manufacturers have stopped making sedans. It is all crossovers, SUVs and trucks. The sedans that are left are made by the Japs. Chevy didn't see the writing on the wall. Ford stopped making the Focus, Fusion and Taurus. We had a Fusion for a while and it was a great car.
Link Posted: 5/20/2019 4:36:38 PM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Whats a moon truther?

I feel like I really should not ask, but I just gotta know
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:

The guy didn't understand how time zones work and is a moon truther....need I say more?
Whats a moon truther?

I feel like I really should not ask, but I just gotta know
They think it's made out of cheese.
Link Posted: 5/20/2019 4:36:42 PM EDT
[#37]
That Paris accord agreement ain’t gonna pay for itself
Link Posted: 5/20/2019 4:37:36 PM EDT
[#38]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Almost all manufacturers have stopped making sedans. It is all crossovers, SUVs and trucks. The sedans that are left are made by the Japs. Chevy didn't see the writing on the wall. Ford stopped making the Focus, Fusion and Taurus. We had a Fusion for a while and it was a great car.
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The writing on the wall was the relaxation of CAFE standards.
Link Posted: 5/20/2019 4:38:15 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Correct.  Ford firing 7,000 white collar employees will not cause them to raise their truck prices to $69k plus.

Weird question, but OK.

https://www.AR15.Com/media/mediaFiles/178958/Capture_JPG-952049.JPG
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Does this mean that a new truck won't cost $69k plus?
Correct.  Ford firing 7,000 white collar employees will not cause them to raise their truck prices to $69k plus.

Weird question, but OK.

https://www.AR15.Com/media/mediaFiles/178958/Capture_JPG-952049.JPG
Can you get a transit connect in all or 4wd ?
Link Posted: 5/20/2019 4:39:42 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

The writing on the wall was the relaxation of CAFE standards.
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People don't wants cars anymore. It is all crossovers. More storage space, better vision and more family friendly. There aren't even many new minivans anymore.
Link Posted: 5/20/2019 4:39:45 PM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Shitty companies can still lose money even in a good economy.  Not Trumps fault Ford sells a product fewer want to buy or their their labor costs are killing profit.
View Quote
I don't know but the article I read earlier said 7,000 was 10% of their workforce.
Link Posted: 5/20/2019 4:40:33 PM EDT
[#42]
Ford gets rid people all the time except in most years it's an early retirement.
Link Posted: 5/20/2019 4:43:37 PM EDT
[#43]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Whats a moon truther?

I feel like I really should not ask, but I just gotta know
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:

The guy didn't understand how time zones work and is a moon truther....need I say more?
Whats a moon truther?

I feel like I really should not ask, but I just gotta know
Thinks the moon landing was a hoax.
Link Posted: 5/20/2019 4:43:55 PM EDT
[#44]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
People don't wants cars anymore. It is all crossovers. More storage space, better vision and more family friendly. There aren't even many new minivans anymore.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:

The writing on the wall was the relaxation of CAFE standards.
People don't wants cars anymore. It is all crossovers. More storage space, better vision and more family friendly. There aren't even many new minivans anymore.
That has been the case for a long time, but they were forced to make small cars anyway, because of the CAFE standards.  That changed.
Link Posted: 5/20/2019 4:43:58 PM EDT
[#45]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The writing on the wall was the relaxation of CAFE standards.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Almost all manufacturers have stopped making sedans. It is all crossovers, SUVs and trucks. The sedans that are left are made by the Japs. Chevy didn't see the writing on the wall. Ford stopped making the Focus, Fusion and Taurus. We had a Fusion for a while and it was a great car.
The writing on the wall was the relaxation of CAFE standards.
And unless you're going for the performance of a sports car, you really can't beat the versatility/practicality of a crossover/suv/truck. Most sedans really doesn't give people much.

I doubt I'd ever buy something other than a crossover/small SUV as a primary vehicle.
Link Posted: 5/20/2019 4:44:50 PM EDT
[#46]
$600m reduction in costs.  Will this reduce the price of an F150 or will UAW labor costs rise to absorb it?  
Link Posted: 5/20/2019 4:45:35 PM EDT
[#47]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Does this mean that a new truck won't cost $69k plus?
View Quote
Unless you're looking at the premium trim level, they don't.
Link Posted: 5/20/2019 4:45:37 PM EDT
[#48]
Quoted:
SO ECONOMY, MUCH GOOD


DETROIT (AP) — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10 percent of its global salaried workforce.

The major revamp, which had been under way since last year, will save about $600 million per year by eliminating bureaucracy and increasing the number of workers reporting to each manager.

In the U.S. about 2,300 jobs will be cut through buyouts and layoffs. About 1,500 have left voluntarily or with buyouts, while another 300 have already been laid off. About 500 workers will be let go starting this week, largely in and around the company's headquarters in Dearborn, Michigan, just outside Detroit.
View Quote
https://www.10tv.com/article/ford-sees-twisting-road-ahead-cuts-7000-white-collar-jobs-2019-may
View Quote
Sorry your girl lost
Link Posted: 5/20/2019 4:48:52 PM EDT
[#49]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Unless you're looking at the premium trim level, they don't.
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They are still expensive. The price of new trucks is crazy. If you buy one used and only a few years old, it is less than half the cost
Link Posted: 5/20/2019 4:54:04 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Thinks the moon landing was a hoax.
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Ahhh, ok, yeah, the 911 was the govt, pentagon a missile, contrails are chemicals crowd... got it.....

Thanks, I feel dumb for having missed that one....  
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