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We looked at Ford when we got my wife a new CUV in December.
Ford sells shit. They make one product, well two. The F150 and the Mustang. Everyone of the other offerings on the Ford lot were just awful. The Escape was junk, the Edge was not as bad but vastly overpriced. The small whatever they call it is the ugliest thing since the Aztec. I remember when Ford was cutting edge and very up to date. Not now. Ford's fault, not Trump's. |
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Ford is woefully behind on EV and AV. They are slow to market.
Even laggards can lag in a good economy. |
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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 Its pretty normal for a company to trim down merit employees. Ford has gotten a little management heavy, not a big deal. |
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De-layering management. I believe I read that at one point Ford and GM had five times the number of managers, as a percentage of workforce, than Toyota and Nissan.
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QUOTE: "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."
Unlike OP, I can read. Thread title is misleading because OP is criticizing the US economy. It's 7,000 job cuts in the world, not the USA. Cuts in the USA 2,300, and of those, only 800 workers have been laid off involuntarily, or will be laid off without buyouts. The job cuts will save $1.2 billion over 2 years, which would appear to be a wise business decision |
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Quoted: LOL. Tesla is losing money at such a rate that, even with the latest new stock issue to raise capital, they are going to be nearing bankruptcy in under a year. View Quote |
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Like you said, I understand time zones. Just not why different places in the SAME TIME ZONES have issues. Everyone in the world has different knowledge/skills Hell the other day the lady at Lowe’s checkout asked if I wanted to schedule an install for an over the range microwave I bought. I literally laughed at her. Who the fuck would pay someone else for such a simple job to hang a microwave? View Quote View All Quotes View All Quotes Quoted:
Quoted: How come the sun doesn't go down the same time in western Ohio as it does in the Outer Banks of NC? You buncha mouth breathers. I understand time zones. Just not why different places in the SAME TIME ZONES have issues. Everyone in the world has different knowledge/skills Hell the other day the lady at Lowe’s checkout asked if I wanted to schedule an install for an over the range microwave I bought. I literally laughed at her. Who the fuck would pay someone else for such a simple job to hang a microwave? |
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Only 2,300 of those job cuts are in the USA.
https://www.dw.com/cda/en/ford-cuts-7000-white-collar-jobs-worldwide/a-48806400 |
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Guys, this is actually good news and we should see the benefits in the long run. Ford is trimming the fat and better prepared for the current automotive slow down as the used market continues to flood with like new cars coming off lease.
This is the best time to be doing this as unemployment is so low it won't be difficult for these skilled white collar guys to find replacement work. |
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Meanwhile Toyota and Mazda are building a billion dollar plant near me.
None of the big 3 run a mean lean operation like the Asian manufacturing plants. Good move by Ford. One day they might be able to ditch union labor. |
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Every time OP post, I think to myself “well it can’t be any stupider than the last one” I am wrong more than I am right.
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Sorry your girl lost, she would have milked the taxpayers and bailed out ford, so they could build more facilities in mexico or china
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Ford is restructuring, pretty simple. They are cutting things that don't make them money. Or they could keep everything and struggle View Quote |
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Gotta learn to play the game. In Texas, used truck prices are a fucking joke. They aren't far off from a brand new truck after incentives. It's pretty easy to get a well equipped truck for $35k. They're almost always 10-15k off MSRP. From one of my local dealers right now http://spherecontrolseo.com/covert-ford/new-ford-truck-austin/austin-new-ford-f-150-xlt-best-price-quote-lowest-payment-2182298.png View Quote View All Quotes View All Quotes Quoted:
Quoted: 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 From one of my local dealers right now http://spherecontrolseo.com/covert-ford/new-ford-truck-austin/austin-new-ford-f-150-xlt-best-price-quote-lowest-payment-2182298.png |
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still, $35,000 for a fucking pick-em-up truck.... View Quote View All Quotes View All Quotes Quoted:
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Quoted: 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 From one of my local dealers right now http://spherecontrolseo.com/covert-ford/new-ford-truck-austin/austin-new-ford-f-150-xlt-best-price-quote-lowest-payment-2182298.png Some of my trucks have damn near 10k worth of rims and tires on them. Shits more expensive. Trucks are significantly more capable, comfortable, safer and faster. |
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It's a good time to cut, global auto sales are down, usually lean companies can hold out or adjust shifts to be flexible enough not to lay off completely.
It's a paradox for car companies. Make increasingly reliable vehicles which hurts sales because they last longer. It's part of a reason why the cost is so high along with crash standards and tech inclusion. They have to add stuff to increase the profit margin. Most vehicles that are worth anything have undergone this increase. Some have gone under this increase and aren't worthy at all like Mitsubishi, Volkswagen, GM, BMW, Mercedes and FCA; such poor/inconsistent quality/reliable vehicles for the price. |
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Mad?
You should be mad when Obama bailed out GM and cost taxpayers around 12 BILLION. Kudos to Ford for taking actions on their own dime. |
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White Collar jobs, not surprised the bloat from corporate top heavy organizations is real.
If you want to earn a living and stay employed, learn a trade they cant automate. |
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Quoted: Like you said, I understand time zones. Just not why different places in the SAME TIME ZONES have issues. Everyone in the world has different knowledge/skills Hell the other day the lady at Lowe’s checkout asked if I wanted to schedule an install for an over the range microwave I bought. I literally laughed at her. Who the fuck would pay someone else for such a simple job to hang a microwave? View Quote But in this thread we learned that OP got his internet browser pages mixed up with DU. |
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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.... View Quote View All Quotes View All Quotes Quoted:
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Thinks the moon landing was a hoax. Thanks, I feel dumb for having missed that one.... Now I think he’s just a bored troll. But I could be wrong. He very well might have a room temp iq. |
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Last I heard they had partnered up with Toyota for EV /hybid tech View Quote View All Quotes View All Quotes Quoted:
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Ford is woefully behind on EV and AV. They are slow to market. Even laggards can lag in a good economy. They have EV's. Maybe they don't offer as many models as some, but that just means that they choose not to. Late to market? I'd say the others are early, since they don't expect EV's to be profitable until YEARS from now. But what I'm really wondering is who they are woefully behind in AV's, since there aren't any for sale, and there isn't going to be any for sale. |
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Ford practices a bottom 10% and out policy. These surprise housecleanings aren't surprising at all.
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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. There is no logical reason for it, yes there was lots of deadwood in management, but labor is pretty streamlined as it is. Oh well, they're filling my pockets with very good coin even as the wheels literally fall off their wagon. |
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Well you could also mention that he thinks professional wrestling is real View Quote View All Quotes View All Quotes Quoted:
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The guy didn't understand how time zones work and is a moon truther....need I say more? Hopefully he is the type that isn't allowed to associate with the public. |
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The guy didn't understand how time zones work and is a moon truther....need I say more? View Quote I feel like I really should not ask, but I just gotta know View Quote View Quote @WhiskersTheCat |
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I thought it was made of barbeque spare ribs? @WhiskersTheCat View Quote View All Quotes View All Quotes Quoted:
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The guy didn't understand how time zones work and is a moon truther....need I say more? I feel like I really should not ask, but I just gotta know @WhiskersTheCat I was thinking "What the heck? A Ford cuts jobs thread, who in the heck wants my opinion on that?" HEY Don't jerk me around, Extorris, it's a simple question. A baby could answer it. If you were a hot dog, and you were starving, would you eat yourself? |
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Mad? You should be mad when Obama bailed out GM and cost taxpayers around 12 BILLION. Kudos to Ford for taking actions on their own dime. View Quote Obama Administration Awards First Three Auto Loans for Advanced Technologies to Ford Motor Company, Nissan Motors and Tesla Motors |
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