this post was submitted on 16 Oct 2023
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Ford Motor Co. Executive Chairman Bill Ford called on autoworkers to come together to end a monthlong strike that he says could cost the company the ability to invest in the future.

In a rare speech during contract talks in the company’s hometown of Dearborn, Michigan, Ford said high labor costs could limit spending to develop new vehicles and invest in factories. “It’s the absolute lifeblood of our company. And if we lose it, we will lose to the competition. America loses. Many jobs will be lost,” said the great grandson of company founder Henry Ford.

The company, he said, builds more vehicles in America and has more United Auto Workers employees than any company, which has increased its costs in a highly competitive industry.

Ford has 57,000 UAW workers compared with 46,000 at GM and 43,000 at Stellantis. “Many of our competitors moved jobs to Mexico as we added jobs here in the U.S.,” Ford said.

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[–] ElBarto@sh.itjust.works 17 points 1 year ago (1 children)

Translation: stahhp being mean you're hurting my innocent bank account!

[–] JonEFive@midwest.social 4 points 1 year ago

Translation: Get back to work, peasants! Won't you think of how your actions are affecting your lords?

[–] crystalmerchant@lemmy.world 16 points 1 year ago

Oh yeah well that's fine with me

[–] Nougat@kbin.social 15 points 1 year ago* (last edited 1 year ago) (1 children)

In a rare speech during contract talks in the company’s hometown of Dearborn, Michigan, Ford said high labor costs could limit spending to develop new vehicles and invest in factories. “It’s the absolute lifeblood of our company. And if we lose it, we will lose to the competition. America loses. Many jobs will be lost,” said the great grandson of company founder Henry Ford.

Okay, go ahead and spend on R&D and factories, if that is the "absolute lifeblood of [your] company." Good luck producing those new cars in new factories with no workers.

[–] hiddengoat@kbin.social 5 points 1 year ago

"America loses."

Ask me if I give a shit where the fucking car company's corporate headquarters is.

The closest manufacturer to me is Toyota. The closest Ford plant is in Mexico. Where is America winning there?

Ah, because Bill Ford's wallet is in America. I get it now.

[–] Sanctus@lemmy.world 13 points 1 year ago

Good, keep it at stake.

[–] zcd@lemmy.ca 12 points 1 year ago

Have you… Considered compensating your workers fairly?

[–] AlmightySnoo@lemmy.world 11 points 1 year ago

His speech read more like a threat than anything else.

[–] roofuskit@kbin.social 10 points 1 year ago (1 children)

Lol, fuck you pay them. If their presence is so vital then your shareholders can take a smaller cut and your pay can drop too.

[–] CandyPants@lemmy.ml 4 points 1 year ago (1 children)

WOAH! HOLD ON! Are you suggesting the share holders should be happy with less?? Who's gonna buy the yachts?

[–] Rivalarrival@lemmy.today 3 points 1 year ago

Shareholders don't buy yachts.

Buying a yacht would keep a boat manufacturer in business and paying wages to boat workers.

Shareholders buy shares, then take off the profits from those shares so that workers will never see them. The only way to avoid that is for the workers to own the shares, so it doesn't matter whether the company favors the workers or favors the shareholders, because they are one and the same.

[–] AnonTwo@kbin.social 9 points 1 year ago

Man, you'd have to be a real shitty Executive to have your 100+ year old company sunk because of a single strike....

[–] blazera@kbin.social 7 points 1 year ago

cut your pay down to their level, then you can judge them for wanting higher pay

[–] Norgur@kbin.social 7 points 1 year ago

If only there was a fairly quick way to get those workers back to work. That would be nice, Bill, right? Like... just imagine if there was some sort of agreement you could reach with them and they returned back to work immediately. Funny fantasy, right Bill? Right?

[–] Sowatee@lemmy.ml 7 points 1 year ago

Oh no... anyways.

Fuck executives. Everything they touch goes to shit.

[–] Hildegarde@lemmy.world 7 points 1 year ago

The only unskilled labor is executives.

[–] dangblingus@lemmy.world 5 points 1 year ago (1 children)

A single AI could theoretically replace every single C Suite executive in the world.

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[–] quicklime@lemm.ee 5 points 1 year ago

That's a stunning admission, mighty close to admitting straight to the workers' faces that they are winning. What stronger sign could there be that holding the line is exactly the right thing to do?

[–] littlecolt@lemm.ee 5 points 1 year ago* (last edited 1 year ago) (1 children)

Oh no, not Ford, oh fuck, what will we all do?

-_-

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[–] Montagge@kbin.social 4 points 1 year ago (2 children)

When was the last time Ford made anything worth getting? I can't think of anything since 2000.

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[–] originalfrozenbanana@lemm.ee 4 points 1 year ago

Not at stake enough to meet their demands I suppose

[–] Steeve@lemmy.ca 4 points 1 year ago (1 children)

Which stage of grief is bargaining?

[–] roofuskit@kbin.social 6 points 1 year ago

Whichever it is, he's not there yet. They aren't bargaining.

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