Ford To Cut 3,000 Jobs Amid Restructuring (techcrunch.com) 43
Ford Motor plans to cut about 3,000 jobs, a move that will affect salaried and contract workers, according to an internal email sent to employees. From a report: Automotive News was the first to report the news after reviewing the email. TechCrunch, which has confirmed the layoffs, will update the story as more information becomes available. The job cuts, which many have anticipated since Ford launched its restructuring efforts, will affect employees throughout its global operations. However, most of the cuts will be in the U.S., Canada and India. CEO Jim Farley has spoken publicly about the potential for job cuts in recent months. During the company's second-quarter earnings call, Farley foreshadowed coming layoffs.
Supply chain disruptions (Score:5, Insightful)
What, you thought you could just shut everything down and it would simply pick up where you left it when you need it again?
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Re:Supply chain disruptions (Score:5, Informative)
What, you thought you could just shut everything down and it would simply pick up where you left it when you need it again?
While I'm sure lingering supply chain issues are part of the problem, Ford has also stated that their production methods currently aren't cost competitive. Now that they've split into EV and ICE divisions, it'll be interesting to see where the job cuts come from (article states that cuts could eventually reach up to 8K). Some of this sounds like longstanding beefs with the UAW over labor costs.
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Some of this sounds like longstanding beefs with the UAW over labor costs.
The job cuts are "salaried and contract workers". Office Drones, not the people who do the actual work of building cars.
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Re: Supply chain disruptions (Score:1)
A carburetor is just an analog computer, if chips arenâ(TM)t being produced, most people still have to get from a to b
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Sounds like? (Score:2)
"Some of this sounds like longstanding beefs with the UAW over labor costs."
Sounds like, how? Or does this sound like, "there are longstanding beefs", "there are layoffs", and therefore the relationship is causal?
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And the alternative, in your mind, was what exactly?
Re: Supply chain disruptions (Score:4, Insightful)
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And the alternative, in your mind, was what exactly?
To perform proper risk analysis and act accordingly?
Let me spell it out for you. We knew early 2020 demographic risk profiles of COVID. Knowing that, reasonable decision was to isolate at risk-populations and prevent high-spread events. Shutting everything down for nearly 2 years was a massive overkill.
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What nation are you referring to?
Re: Supply chain disruptions (Score:2)
The nation of make believe
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While some price gouging, like in a processes food sector, undeniably happening. This is not the case in durable goods manufacturing.
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My parents live near the Mack Truck factory. It seems that every parking lot for miles around has partially built trucks that are waiting for parts. I am sure Mack just LOVES sitting on all that unsellable inventory. According to your brilliant logic, they should be making an absolute fortune not selling anything!
The company I work for also has supply chain problems. They are becoming rich (according to you) by adding new capacity (which so far we can't use) so when we finally get parts we can still me
Re: Supply chain disruptions (Score:2)
Major Major's father was a sober God-fearing man whose idea of a good joke was to lie about his age. He was a long-limbed farmer, a God-fearing, freedom-loving, law-abiding rugged individualist who held that federal aid to anyone but farmers was creeping socialism. He advocated thrift and hard work and disapproved of loose women who turned him down. His specialty was alfalfa, and he made a good thing out of not growing any. The government paid him well for every bushel of alfalfa he did not grow. The more a
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I completely agree. But in Ford's case, I think there's more involved. They're making the decision to pretty much go "all in" on EVs and Hybrid electric vehicles -- and not with some slow plan to phase them in over the next decade. They're trying to shove several popular models out the door ASAP.
The problem there is, they simply can't obtain enough batteries to produce the numbers required. Their only saving grace right now is probably the fact that the new Bronco and Bronco Sport are extremely popular as m
So the fact that it's not 30,000 (Score:2, Insightful)
Everyone wants to focus on the death rate of covid but we all kind of ignore the extremely high hospitalization rate. Especially before the vaccines
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If we had let 'er rip ... but when the blow back from our hospital system collapsing hit we have seen tens of millions of death.
Citation required. More so, how do you explain that 'millions of death" did not happen in a few places, like Sweden, that did not lock down?
Sweden did lock down (Score:2)
As for citation, Here's an MIT paper/article [mit.edu]
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Progress! (Score:2)
https://carbuzz.com/news/ford-... [carbuzz.com]
Want to help stop this? (Score:1, Interesting)
Want to help stop the shredding of our industry by outside forces?
Find out who you voted for UN Agenda 2030, and fire them.
Elect people who vehemently oppose 2030.
Apparently Europe didn't get the memos we wrote in 1776, 1812, 1918 and 1945.
Probably will not happen again... (Score:1)
Good news people still at Ford, no layoffs in the future.
How do I know? Simple, Lightning [247wallst.com] never strikes twice!