News

So?

If you can't pay your workers a living wage, you don't fucking deserve to exist as a company.

Cry more, capitalist.

Ford Motor Co.'s second-quarter profit more than tripled to $1.92 billion versus a year ago (source)
Revenue rose 12% to $44.95 billion

Kinda hard to drum up sympathy for the company when it's raking in almost $2 billion in profit per quarter. Yes, Ford is burning about $1billon per quarter on EVs right now. That's not something the workers should be financing. That's money the company is investing to be viable in the future. That sucks for the shareholders; but, they are the ones who will reap any benefits of that investment and they should be the ones eating the cost.

Sounds like the executives should take a pay cut.

His salary in 2022 was 17.3 million and that’s down from 18.7 million in 2021. They could have paid 200 employees 85k a year instead of one pointless executive. So maybe the executives are the reason for the company going under.

https://www.detroitnews.com/story/business/autos/ford/2023/03/31/heres-how-much-ford-ceo-jim-farley-made-last-year/70067820007/#:~:text=Bill%20Ford%20Jr.%27s%20total,%2421.5%20million%20in%20direct%20compensation.

First, let's talk about stock buybacks, government bailouts, pandemic assistance money, and record profits, all of which happened after workers accepted reduced pay and reduced benefits to help "make the company profitable again".

Y'know, he could always just AGREE TO THEIR TERMS! The company being at stake is the entire point of unionizing.

Ford spent almost $500 million on stock buybacks in 2022. GM spent around $3 billion. Maybe priorities needs to be adjusted.

"This strike is preventing my company from having a future"

Umm. Yes. Yes it is. That's the entire point you complete idiot.

Sounds like Bill needs to pull himself up by his bootstraps.

Isn't it he who has the power to end the strike?

Boo hoo rich guy, take care of your fucking employees

The workers:

Oh boohoo Bill.

But he also said Ford is paying CEO Jim Farley $21 million per year when starting pay for Ford factory workers is up only about $3 per hour from when he started with the company 31 years ago.

Ford’s offer of a 23% general wage increase barely covers inflation over the last three or four years, said Applebee, 59.

Lmao, talk to any former ford employee and they'll probably show the middle finger to the entire board if they could.

They run the layoff cycle literally every other year to cut costs whenever sales even hint at slowing down, all while paying CEOs massive money.

"Yeah we moved to mexico less than our competitors so that makes us better"

Sounds to me like he has plenty of power to end the strike, he can see the concrete requirements from the workers. Grant them, in full, strike ends, company safe. Sounds simple Mr. 21 Million plus perks.

Ford does not give a shit if an employee dies. Sucks doesn't it?

Well then Ford make a decision. Do you want a company or not, because you can absolutely remain profitable whilst paying your employees properly. Without employees to do the labor to make the products you sell you have nothing, so it seems like the best course of action would be to make sure the folks ensuring your business has product to sell should be properly motivated to continue to want to provide their time and labor. Their time is the same as the Csuite's time, you cannot get it back, so they deserve to get paid properly.

Any business that can’t afford to pay its workers a living wage shouldn’t remain in business.

Ford C-suite took home $71 million in 2021 (most recent year I could find data). They could give each worker a $1000+ bonus and still walk away with $10 million. Not that $1000 is enough for each worker, but just to illustrate that there is a ton of money floating around, they just don't want the workers to have it. It's not future investment they're worried about (they get massive tax breaks for all these new facilities, and new car designs are all being done by salaried white collar engineers anyway), it's shareholder profits. Ford doesn't want to lower their reported annual profits by increasing their worker costs.

Fuck shareholders, and fuck the C-suite for looking out for their interests instead of their workers. They don't actually produce anything. The workers are the real company asset here, not some Wall Street goon who bought stock.

Maybe you should make your workers whole then. Sounds like that’s a you problem not a union problem.

Ford should just get rid of their C-level executive team.

That's the whole fucking point, you idiot.

Decent ownership would sacrifice most of of their profits to see the company through difficult periods, as was done prior to the Jack Welch/Ronald Reagan corporate culture sociopathification half a century ago when the oligarchs decided to abandon any mutual respect for their workers and exploit everything away from their labor force, after sabotaging labor power legislatively of course.

That doesn't happen anymore though. Bill Ford will never encounter a moment of concern about how he'll afford groceries or a mortgage, regardless of the outcome of this strike. Fuck these capitalist manipulators, and fuck this country for bowing to the desires of the haves while ignoring the needs of the have nots.

Why should the laborers, America's paycheck to paycheck losers, care about the future of this exploitative country's ability to remain as it is, systematically fucking them over? Why would they want their children to be subject to this rigged system as it currently is?

If the laborers weren't propagandized from birth by the capitalists to believe this rigged economy to be the only way, they'd be actively burning this crooked place down to the ground.

Then agree to every single one of their demands.

Saving companies from a striking workforce is incredibly easy.

I bet plantation owners made similar speeches.

Oh no! The grandson of one of Hitler’s largest US supporters might lose money. How awful. So sad. Fuck Ford.

Ford, GM, and Stellantis are lucky they even exist. The government should have let them collapse and did in 2008.