The automaker confirmed with FOX 2 that it was firing hundreds of its engineers - many who learned during a virtual meeting after the company asked its white collar workers to work remotely on Friday.
КОМЕНТАРІ: 12 000
@JohnChuprunМісяць тому
No executive bonuses were harmed in this decision.
@carstenf279Місяць тому
Executive bonuses were doubled. They just saved the company millions by firing all those people.
@ACommenterOnYouTubeМісяць тому
True that
@robertl955Місяць тому
Definitely got a bonus for saving all that money 😂
@lilblackduc7312Місяць тому
Isn't that a load of crap!
@UnknownUser-fe5zuМісяць тому
😂 unfortunately true
@Oddman1980Місяць тому
"The engineers aren't making us money, fire them and hire more MBA's to find out why nobody wants to buy a $90,000 jeep."
@jjc4577Місяць тому
oh yes...because counting beans only is a net positive for a company.
@chumpthetraitor7331Місяць тому
That's what Boeing did
@SayAhhМісяць тому
This is why I didn't buy their stock when it was super low. I also avoided Ford and New GM stock since they did not care about customers, and now it seems that they do not even care about their own engineers. Cap CEO and board pay! (The US portion, at least.)
@joez.2794Місяць тому
@@chumpthetraitor7331 It's a Dodge Stratus, not a 747 lol. Nobody cares if you crash it, really.
@Spike-ej4stМісяць тому
Right!
@terrysmith128Місяць тому
They’ve had 50 years to learn from Toyota and Honda, 50 years
@unconventionalideas5683Місяць тому
And Toyota and Honda are beginning to show signs of their own struggles. Fuel pump recalls, oil dilution issues, melting plastics, the list goes on. Toyota and Honda are also much more expensive than they used to be, and their sales figures are starting to show it!
@ohger1Місяць тому
Toyota will be gone in less than ten years. Their debt is 250 BILLION.
@niilespunkari8832Місяць тому
@@ohger1 Crazy. I had to google it.
@tomtom1541Місяць тому
@@unconventionalideas5683those issues are all caused by Toyota / Honda bringing in GDI direct injection to meet emissions now, along with really thin oils to conserve fuel. Funny enough, V6 Camry doesn't have those issues (no GDI).
@fp5495Місяць тому
But you're still clinging to the same idea from 50 years ago with no advancements in sight, evidently.
@overcastfriday81Місяць тому
I'd like to see an experiment where a $9M/Yr salaried exec is replaced for 2 years by a $190K/Yr exec. I bet they perform just as well.
@Ross-ql9fiМісяць тому
The homeless would outperform both and improve all the other slaves for coffee doughnuts and time in janitor closet when not working.
@Ross-ql9fiМісяць тому
Bring me the 18.38 million and you can watch how it unfolds 😂🎉
@89five3fiveМісяць тому
More proof working hard for a company means nothing.
@Iz0penМісяць тому
You can’t just work for any company too, you got to pick one that’s half decent
@cwg73160Місяць тому
Your comment is proof that you’ve never worked hard a day in your life.
@gregkramer5588Місяць тому
Companies do not owe you a job. You fill a need as long as they have that need.
@crtmojo2705Місяць тому
Legacy had a good run. 100 years of profits.
@ryanfowler3285Місяць тому
The necessary ones didn't lose their jobs.. let THAT sink in and look in the mirror.
@jjc4577Місяць тому
I understand that their $80,000 Jeeps and trucks aren't selling too well. I wonder why..
@msryder9265Місяць тому
exactly
@guilleportМісяць тому
Imagine.
@ripvanrevsМісяць тому
What ISN'T going to sell and will BANKRUPT the company is their idiocy of electric powered piles of junk that nobody wants or will buy. The companies smart enough to stay away from this idiocy will be the ones that survive.
@robedmund9948Місяць тому
They're trying to offset their EV losses by hammering ICE customers. All thanks to Joe Biden.
@rchydrozz751Місяць тому
Please continue to give your money to Trump. He doesnt even know you exist.
@zenmaster9195Місяць тому
Their statement translation: "Our executives aren't making enough, so we're gonna cut your job so they keep their money" Is that about right?
@bolbiitp7850Місяць тому
Is that supposed to be a punch-back? Because I’m sure even you would do that too. Unless you’re gonna want to go down with them?
@zenmaster9195Місяць тому
@@bolbiitp7850 I would definitely do things very differently if I was in charge of a big corporation. I would definitely cut my salary before cutting anyone else. I'm not an a-hole, but that's just me.
@fblack9033Місяць тому
Yep. Sounds right.
@user-xo1kt5pc9b22 дні тому
Sounds about right.🙄
@KuzKiller887Місяць тому
I love how Stellantis said that "these reductions are not due to the ecomomy". Meaning they litterally just butcherd a bunch of Middle class jobs because they wanted higher profits for their shareholders. Im sure the executives are still getting their bonuses this year. The CEO made $39 million last year. The average engineer makes about $85,000. IF the CEO was only paid $20 Million a year, all these people would still have a job. All these people would still be able to feed their famlies and provide them with a good life.
@KevinSternsМісяць тому
No engineers = no products = no future Excutives are pillaging the company. Standard procedure.
@sblijheidМісяць тому
The costs of the materials are too high and going higher, while they don't have fools to buy their impractical products.
@hottubking1229Місяць тому
Yes, for one year. How about after that? Chrysler was junk before Stellantis bought it. Now it’s being controlled by crappy Fiat engineers. The company is doomed.
@billysolhurok5542Місяць тому
@@KevinSterns vulture capitalism
@erich6860Місяць тому
Why pay an American 85k a year, when you can get 4 engineers for that price out of India. It's not like,,,,gasp,,,American corporations are greedy AF and could care less about America. LOL
@ComedyAintPrettyМісяць тому
We remain laser focused on building EVs that nobody wants to buy.
@M85IrocМісяць тому
That will be the end of the company
@skeltaneМісяць тому
HAHAHA. That is exactly correct. Get off the EV band wagon and they just might start to make money again.
@user-vc1vt5ot1eМісяць тому
About 1% of American taxpayers can even afford the damned things.
@secondchance6603Місяць тому
And flying their rainbow flag @2:50
@gordonjohnson2497Місяць тому
....because they're shit compared to a Tesla
@babybijou969Місяць тому
The CEO made $39 million in 2023… start cutting costs there, that would quickly improve the bottom line
@7sunsetmaro7Місяць тому
GM CEO made 24mill as well. Gross, isn't it?
@chrismemphis8062Місяць тому
If Stellantis loses a Billion does the UAW step up? Nope. Accept your wage or leave..Look at Flint Michigan or look at Gary Indiana- UNION did that! Ghost town of buildings..
@chrismemphis8062Місяць тому
@@7sunsetmaro7 I'll never buy a UAW made anything.
@eyeinseeМісяць тому
Could’ve saved about 400 or so jobs if he would just settle for a measly $2mil a year. Smh
@chrismemphis8062Місяць тому
@@eyeinsee Who would work for $5000 a year? FUZZY MATH.
@user-ib1zg2ec7fМісяць тому
And employers have the nerve to wonder why employees aren't loyal.
@soonerfrac4611Місяць тому
Maybe they should learn to code?
@Ross-ql9fiМісяць тому
If you have a price I wonder why
@Ross-ql9fiМісяць тому
Volunteers are loyal your talking about slavery
@davelowe1977Місяць тому
Electrification isn't costing car makers a penny- it's costing you money.
@DannysouthernerМісяць тому
Not costing me a dime. I'm not buying a rolling iPhone.
@davelowe1977Місяць тому
@@Dannysoutherner Your insurance has gone up though and your diesel tax is subsidising BIK payments and zero road tax EVs.
@DannysouthernerМісяць тому
@@davelowe1977 You are right sir. My insurance is a little over 2000 a year split between 3 1980s cars. I don't own any diesel cars. Diesel is not practical for money saving like it once was. Used to be diesel and gas cost the same, now diesel is much costlier, negating any mileage advantage. The government does not want us driving at all, it is that simple, but they can't do something as onerous as taking up all the cars at once without losing the election in every state. They have to do it over time by forcing us to buy cars we cannot afford and don't want.
@jamiesexton4332Місяць тому
I have an EV. I had to pay road tax just like everyone else in my state. Insurance increase has nothing at all to do with EVs. It's not costing anyone ANY extra money. This is propaganda the morons on the Internet are pushing because they don't like EVs. Blame the oil companies for your issues.
@tim656Місяць тому
An electric car has saved my family quite a lot. Bought it used, and have driven it for 4 years. Total maintenance required in that time was one set of wiper blades, one set of tires, and a start button (it failed, we replaced the part). $2 in electricity to fill the tank. I think we have saved about $5000 on gas, never mind all the oil and filter changes.
@jameshoopes6467Місяць тому
All the executives got together and decided the problem was *not* with the executives, but with workers. 🙄
@anydaynow01Місяць тому
And the brains of the work force that would actually get them out of this mess if they listened to them at that! I knew those record union contracts were going to hit somewhere, and it wasn't going to be the company profit margin either. Another hit to the middle class!
@douginorlando6260Місяць тому
Stellantis is headed down the path Boeing took … sacrificing the company’s future to make short term profits (and justify C suite bonuses). The bean counters made the numbers work by firing skilled expertise and replacing them with off shore minimum wagers
@kensmith5694Місяць тому
Yes, you don't want to the last guy shoveling coal on the Titanic.
@TheMasterOfShadowsМісяць тому
Yes.
@firstgopinbredhillbilliesl6100Місяць тому
in the old days boeing was the top dog than greed step in.
@ButterflyMattМісяць тому
“Work from home Friday, and be sure to attend the meeting where we fire you remotely.” That’s cowardly and lame.
@todd.h.5880Місяць тому
Boo hoo. Employees can quit remotely too. It has nothing to do with cowardice.
@UnknownUser-fe5zuМісяць тому
And they wonder why there are workplace shootings.
@AVincentDesignМісяць тому
What?! Hahaha
@meghanmisaliarМісяць тому
@@todd.h.5880I agree. I don't see it as cowardly. Just pragmatic.
@meghanmisaliarМісяць тому
Its business. What do you expect? They don't care about feelings.
@user-qj7bi1vz7yМісяць тому
When you lose 37 thousand dollars on every electric vehicle 😂😂😂
@Downtime-RemyМісяць тому
People are still talking like they're an American company.
@millzoday4117Місяць тому
😂😂 right
@daviddesrosiers1946Місяць тому
Translation: You're all being fired for cheaper foreign workers.
@georgevue8175Місяць тому
Exactly - Tyson Foods is leading the way by replacing 52,000 American workers with fresh across the border illegals.
@BryanbkkМісяць тому
Thanks Shawn Fain
@imagoodlistener2730Місяць тому
Like Tyson employees. Straight up. New colonizers are in town. Time to step aside.
@joeg5414Місяць тому
Have to make room. LIke what Tyson Foods is doing
@imagoodlistener2730Місяць тому
@@joeg5414 I said something similar. Didn't post. Freedom!
@jessepeek3594Місяць тому
Former engineer here. Was laid off. Turned in my M.S. for a CDL. Started my own company in December 2023. Will make more this year than I ever did as an engineer. To all my engineer brothers: let them outsource, watch them fail, laugh. Build your own company, control your own fate. The best way to climb the corporate ladder is to build your own ladder.
@kierra5498Місяць тому
I quit engineering in 2020 & started dental school
@sed6Місяць тому
Yes! Just like Rich dad poor dad says we should expand our personal skill sets.
@TheashleydeniseМісяць тому
Gaining a new skill set is what it’s all about!!
@fenrirggМісяць тому
What does your new company do?
@zudemasterМісяць тому
I'd be finding something else other than driving a truck. All of these illegals that are flooded in the country, they are getting fast tracked into the trucking industry I work in a large warehouse, I see it every day. These guys coming in speaking heavy accents driving trucks
@cf6393Місяць тому
Remote firing..what a class act...what critical skills did they use
@NoHandlePlease423Місяць тому
If only they could figure out how to make and market a 1972 Datsun pick up
@DannysouthernerМісяць тому
Who can afford 80,000 90,000 100,000 dollar cars other than lawyers and other 1 percenters?
@DUCKSAREEVILLLLLLLLМісяць тому
They had to gouge ICE vehicle buyers to subsidize EV suicide, which was mandated by Confederate Democrats and their WEF masters.
@zdc590Місяць тому
The majority of normal people THINK they can afford it, because they don't understand financing.
@user-fq7vs8dl5kМісяць тому
People that weren't lazy bums their entire life and actually did something to make money can afford it .
@rjobrien7805Місяць тому
Easy to afford a $1000/month car payment when there's little to no housing costs.
@kevn99Місяць тому
Even if I can afford it.
@jefff7287Місяць тому
The execs should go first, especially at Stellantis. Their lack of competitiveness is not because of engineers, but rather terrible pathetic business decisions.
@jjc4577Місяць тому
no doubt: we aren't selling a lot of cars so let's raise the price so we don't have to sell as many.
@twinnevans971Місяць тому
They build JUNK. I would rather buy a Chinese or Iranian car before something churned out by the Big-3, same quality, fraction of the cost.
@robertd9850Місяць тому
No, it is because of cheaper labor available including engineers now. It's a world economy. Many of the people who lost their jobs would have lost them soon to AI anyway.
@ugabuga1361Місяць тому
idk.... the trunks on the challengers cant even stay lined up after the first year.
@ANTAGONIST1776Місяць тому
@jefff7287 your lack of understanding about this subject is very uneducated because it's funny you think the lack competitiveness is actually the fault of the CEOs which is small small part yes but the bigger reason is mainly the guy directly in the white house and his policies.
@umu-i-d2785Місяць тому
They remain laser focused on making EVs to compete with China. A game that has already been lost.
@andybaldmanМісяць тому
Eventually when there’s nowhere for these fired workers to go, people will start revolting.
@s99614Місяць тому
"Where do you see yourself in 5 years?". Being laid off on a Zoom call along with thousands of my coworkers.
@joelayoub2774Місяць тому
hundreds
@scottblackburn2969Місяць тому
You think 5 yesrs
@nickk05281982Місяць тому
Specially if you push for doing remote work. Remote work can be done anywhere
@zaiks0105Місяць тому
💯 . Here is another. Employers expect workers 2 weeks notice, yet they don't even give 1 hr after firing a worker
@LuciFeric137Місяць тому
Hahahahaha. Droll
@tommymiddlefinger1283Місяць тому
That's why there should never be any bailouts.
@jlozano281Місяць тому
Thank you!!! I thought it was a free market?
@joellenbroetzmann9053Місяць тому
Yup! Bailouts simply kicked the ball down the road. They do that so the responsible ones are out of the scene and forgotten when the S HTF. Although some like potus o, just can't help themselves and come back to live vicariously through another potus.
@kevinpatrick8788Місяць тому
Agreed . No more Corporate welfare and bank bailouts . If they cant manage themselves let them fail and go belly up.
@rcbrascanМісяць тому
The car companies paid back the government for their bailouts so it was more like a loan. Without the bailouts, all the auto jobs will be gone forever.
@rickace132Місяць тому
The rich get socialism, everyone else gets capitalism.
@myronsmith2114Місяць тому
All those engineers need to get together and form their own company
@Gus5515Місяць тому
900 days inventory of ram 2500 sitting on dealer lots. And still charging over 100k
@trunkmonkey4938Місяць тому
What a shocker, people can't buy $80K -$100K trucks. Go figure.
@BlahBlah-em2edМісяць тому
Sure they can. It’s called a 120 month car loan.
@Rapscallion2009Місяць тому
@@BlahBlah-em2edyeah. But then you only get to sell them a car every 10 years. So your volumes are in the toilet.
@bobbleheadbobМісяць тому
The cost of the vehicle would be a lot more affordable if interest rates weren’t 7-8%. These vehicles were selling when interest rates were affordable.
@paulholterhaus7084Місяць тому
That's $100k plus another $100k for interest charges...............Paul
@993mikeМісяць тому
The products they sell are some of the worst engineered and constructed vehicles on the market, with reliability in the toilet with resale values to match. I have two friends with RAM trucks, and neither will ever buy another one with all the repairs.
@gijoe508Місяць тому
That’s a really scummy way to handle that firing people in a virtual meeting is cowardly.
@katieandkevinsears7724Місяць тому
The bosses didn't want to get jabbed in the neck with a set of keys.
@caronstout354Місяць тому
Some exec saw "Up In The Air" and thought that it was a documentary...
@JustSayN2OМісяць тому
@@caronstout354 Right. A "how to" training course.
@user_uif_ghg_wer_dasМісяць тому
@@caronstout354 That's the Harvard graduate's idea, firing people virtually, saving a lot of money and hassles.
@leok7193Місяць тому
What's the better way? Have someone drive in to work just to be sat down in an office, be told they're fired, and get walked out by security? This is a lot more reasonable.
@holdenc3082Місяць тому
If you can do your job from home in your underwear clicking on a computer, so can someone in India.
@bigbarry8343Місяць тому
clearly not - have you been to India?
@ReeseL4D24 дні тому
@@bigbarry8343 Have you worked at home in your underwear?
@camillecaballero9246Місяць тому
I can only imagine that these workers consider this a “bloodbath “.
@nonamewillbegiven2412Місяць тому
TDS alert
@camillecaballero9246Місяць тому
@@nonamewillbegiven2412 I think you misunderstood my comment…. My point was that trump’s assessment of our automotive industry was 100% correct
@nonamewillbegiven2412Місяць тому
@@camillecaballero9246 so I didn't and Trump is never right about anything
@camillecaballero9246Місяць тому
@@nonamewillbegiven2412 tell it to your mom
@nonamewillbegiven2412Місяць тому
@@camillecaballero9246 lammmme
@user-gy6jo8yx3eМісяць тому
I guess there aren't many idiots willing to pay $60k - $120k for a Jeep product.
@rogerrussell9544Місяць тому
Jeeps that are just as delicate and prone to problems as the Alfa engines they use.
@mylesgray3470Місяць тому
Keep decided it was a luxury brand during Covid because consumers were so rich and dumb they would believe it. That didn’t last long.
@ilovepinktacosМісяць тому
Jeeps are worth like $25k tops, a disposable vehicle that will fall apart under a year plagued by gremlins & shoddy workmanship let by unions
@MrThe1234guyМісяць тому
That's how inflation works and when they increase prices 10% in 90,000 vehicle will become 99,000. These 10% increases just keep happening. Within 20 years a new Jeep will be $200,000
@erin19030Місяць тому
I am still driving a 20 year old Ford Minivan.
@TopNotch50Місяць тому
It’s a recession when your neighbor loses his job; it’s a depression when you lose your own.” ― Harry S. Truman
@EllieMaes-GrandadМісяць тому
Recovery will begin when Biden loses his job.
@NahbruhsheeshМісяць тому
Lol
@juliecramer8459Місяць тому
Interesting quote
@richardross7219Місяць тому
@@juliecramer8459It was true 90 years ago. It took a war to get us out of that depression. If the market tumbles, we could see worse. Many people grew their own food in those days. The government is trying to prevent backyard gardens now.
@eyeinseeМісяць тому
And Its a psyop when the mass media wont acknowledge either
@JeffKopisМісяць тому
Naturally, the top 100 SUITS making $1M+ a year won't get a pay cut.
@MotownGalМісяць тому
Nope. They just earned bonuses equivalent to the total salary of the people they just fired. They're toasting with champagne.
@tibsyy895Місяць тому
How about cutting the CEO's pay by 95%?
@groberts5337Місяць тому
EXACTLY, THE PROBLEM IS BOARD MEMBERS ARE HIS/HER FRIEND
@aaronalquiza9680Місяць тому
"Go home and get on zoom so we can fire you while you're muted."
@ChiefgeargrinderМісяць тому
Low-down Dirty tactics by Corporate Pirates as usual.
@plebeian_egalitarianМісяць тому
They always do this remotely now. Shameful.
@dannyt1705Місяць тому
Can you honestly say its not deserved ?
@soonerfrac4611Місяць тому
Learn to code!
@dannyt1705Місяць тому
@@plebeian_egalitarian Would you rather get up in AM drive for an hour in traffic , only to be sit down and told that you engineered a piece of junk that no one wants to buy , asked to repay hiring bonus and escorted out of the premises ?
@TheAverageFisherman99Місяць тому
Fired with zero notice by a company they were loyal to in order to preserve the CEO's bonus money. This is exactly why you should NEVER be loyal to ANY company.
@thaboomer53Місяць тому
I disagree. I'm a 71 year old guy who retired from a non union job after 32 years with the same company. They paid us well and I had excellent job security. I had 2 pension plans. They were loyal to me, and I was loyal to them. A fair deal for all.
@lawoflift1Місяць тому
Right! And don't vote demon-rat!
@rushrush6754Місяць тому
@@thaboomer53the world has changed alot since your Era of working
@APATHTCМісяць тому
@@thaboomer53That life is long gone, sir. Sorry to break it to you. 🤷🏿♂️
@moisesfuentes2090Місяць тому
USA business don’t know the meaning of loyalty as Japan does!
@MH-YouTube-ControlledМісяць тому
Governments must stop bailing out businesses.
@Ross-ql9fiМісяць тому
The people need to quit being slaves
@Ross-ql9fiМісяць тому
The consumer in Control not bad business' or greedy governments
@MrWaalkmanМісяць тому
IIRC, Jacques Nasser from Ford did something similar in the 90's when he fired his engineers and then expected to bring them back as "Rent-a-Pencils". He got fired himself.
@sildan1988Місяць тому
The CEOs need to fire hundreds of employees in order to keep their bonuses intact.
@captainamerica6525Місяць тому
...and pay an outrageous union contract.
@supertuber120Місяць тому
Yeah really. They don't care about all their employees that kept the company afloat in the first place. Only thing they wanna keep afloat is the new yachts they're gonna buy with all the extra money they have now.
@nattyw495Місяць тому
@@captainamerica6525thats b.s. you try working in a factory that has no aircondtion when its 100 degress outside and inside all they have are big fans that blow hot air around..also having to raise your hand to use the bathroom and have to work manadtory 6 day work weeks with only two weekend off a month..manufacture workers work hard in conditions also that have chemical smells pentrating their clothes..you obviously have no idea the conditions that many workers in the auto car manufacturers factories work in..so stop saying mean hateful things..
@wilde.coyote6618Місяць тому
@@nattyw495amen
@pyhead9916Місяць тому
the CEO supports Joe Biden!
@zornslemonМісяць тому
I was going to apply for a job at Stellantis. When I looked at their website, it was so full of generic corporate buzz words, you couldn’t even tell that they made cars. I decided that I didn’t want to work at a company that so utterly lacked direction and vision. Turns out that was a good choice.
@jmax313Місяць тому
No better, at any of the rest. I just retired from GM, felt like I dodged a bullet, people are people no matter where you work !
@alelectric2767Місяць тому
So you won’t working anytime soon then cause it that way everywhere
@davidmccall4776Місяць тому
@@jmax313 ...and assholes will be assholes, whether at $400,000.00 or $50,000.00, and the common denominator is almost always GREED!
@lrobie123Місяць тому
yep
@jorgej5916Місяць тому
they have directions, just not about Fundamental Manufacturing rather about playing with numbers.
@johnnytorres277Місяць тому
Buying a new Dodge Charger was the worst financial decision I ever made. I had so many problems with Stellantis/FIAT and their dealerships treated me horribly. I've never hated a company more than I do them. I had to sell it at a huge loss because I was wasting so much precious time in my life arguing with them and going to their service departments.
@brianpiper3188Місяць тому
I bought a 2012 Jeep Wrangler in 2018, only had 55k miles. It has 109k now and has cost me more than the previous three Chevys I owned. My brother had a 2011 Ram that the engine blew up on the highway. I'm with you.
@hopefultraveler3543Місяць тому
I understand they are discontinuing the Charger and Challenger.
@brianpiper3188Місяць тому
@@hopefultraveler3543 I believe so. Everything is either trucks or SUVs now. Chevy discontinued the Camaro, I'm not sure about the Ford Mustang. Good old passenger sedans are gone, foreign makers are still cranking out sports cars. I'm in the old school camp regarding the Corvette, I wouldn't own the new design.
@Ross-ql9fiМісяць тому
That's crazy I bought a 500$ truck and cost me 140$ for 30k miles of maintenance and didn't buy insurance or have a license sadly tho she's finally in the impound I thought I was bad on drugs and make bad decisions but what are you people doing with your lives . Get it together and quit being a slave for somebody that wants you to fail. If you don't have a family just know I care and love you but only you can take care of yourself
@Ross-ql9fiМісяць тому
Show me the Corvette that'll run and drive and be that reliable for that 500 you want a 98 ram v6 with roll up windows 200k miles at least ticks has exhaust leak belts are showing but I had a brand new 20 years old tire I found in Detroit it had a wood stove in the back slept inside it many of nights on Detroit Eastside
@globalfamily8172Місяць тому
Happened to my family too. My brother lost his 25 year job, being laid off by a manager who just immigrated. Mass layoff of 5k nationally (fortune 50 company).
@l4ndst4nderМісяць тому
Not surprised that these companies would rather fire hundreds of people that actually do work than to reduce executive bonuses
@LJ-hk4tvМісяць тому
Let it all implode. It was a flawed system to begin with.
@mattmatt4618Місяць тому
Engineers are valuable while a company is getting started. Once the company is up and running, you almost just need a handful of engineers. After launch, engineers become NON value added employees. Sorry.
@ACommenterOnYouTubeМісяць тому
executive BONUS' is IT ... My 2nd level manager cut all our overtime and spending budget on material and parts so he can get a bigger quarterly bonus. Leaving us the techs to "rig" all repairs in the field as cheap as possible.
@l4ndst4nderМісяць тому
@@mattmatt4618 you’re right, someone needs to be there to boost their market price with stock buy backs as the company rots.
@Simon-talksМісяць тому
Thanks a lot Biden
@HAMILTONPROVIDEOМісяць тому
The engineers should start a company that makes affordable cars and are easy to maintain.
@mihnealazar7039Місяць тому
So a Lada... But wait, I thought the US hated russia
@eugeniof8470Місяць тому
it will be affordable without union pay and demands. that is why they are hiring overseas staff
@ravendranand6177Місяць тому
And reliable.
@justjoanishМісяць тому
@@mihnealazar7039 he said affordable, not garbage.
@tracyleighbashamМісяць тому
@eugeniof8470 news flash, those overseas companies have higher unionization than the US. In those other countries, healthcare is provided by the government and is not a financial burden to the companies. Therefore, they are more business friendly than the US. When will Americans wake up to this.
@rentcdaМісяць тому
I saw this coming when the union received its new contract.
@danmcguire3030Місяць тому
I spent nearly 20 years with that company, started when it was still Chrysler. I left on my own accord about 10 years ago. The greatest lesson I learned, buy/drive Toyota or Mazda.
@gutt3R1Місяць тому
they came to the hard decision that the board of directors all wanted a raise
@Emmy-JМісяць тому
Don't forget the share holders and the future bonuses
@bobbleheadbobМісяць тому
How do you know? Don’t cast judgement when you don’t know anything.
@momoneyinvestingМісяць тому
They wanted that 3rd yacht!
@stephenpetersen354Місяць тому
@@bobbleheadbob take a look at the history of their compensation...
@Bobo-ox7fjМісяць тому
@@AmericanTraitors-GOP certified commie comment - +0.5 social credits awarded, your next scheduled bathroom break is in eleven hours, fifty three minutes.
@vcash1112Місяць тому
He forgot high prices and low quality.
@wtfyoguylolМісяць тому
Bingo 🎯
@chefandoliniМісяць тому
“Build back better “ is progressing according to plan
@anastacioiii4047Місяць тому
New college grads should just go to the Air Force as officers. Don't have to worry about job security.
@paulherbert5548Місяць тому
but then you have to take orders from "woke" generals.
@dyer2cycleМісяць тому
I'm not even sure that is a secure job anymore...
@romaniangod5649Місяць тому
um nobody wants to get into those risky ass jobs and pure shit pay. NO thank you.
@warrenlewis397725 днів тому
@@romaniangod5649 How is the Air Force "risky"?
@warrenlewis397725 днів тому
You just don't "go to the Air Force as officers"...more than half won't make it.
@2536528Місяць тому
They overplayed their $130,000 Grand Wagoneer and $80,000 Wranglers.
@DixiecratDemocratМісяць тому
300k Demons 💀
@AramuleМісяць тому
That's because they decided that their vehicles are now supposed to be on the level of BMWs and Land Rover, unfortunately for them the public still sees the Chrysler brand and the dirty little secret is it still is the Chrysler brand with the Mopar warts. It'd be like McDonald's deciding that their burgers are now on the level of Morton's and so they can start charging $60 a burger while not changing anything.
@jorgej5916Місяць тому
we used to think that Jeeps and Trucks are for utility and work that meant to get dirty and dinks and cost may be just a spank more than most average family sedan. Now they are luxury item in hunk of metal running around the city streets and taking up spaces not to mentioned wasting gasoline polluting environment.
@safeandeffectivelolМісяць тому
@@jorgej5916 Jeeps haven't been work vehicles since the Vietnam War and for the USPS. For civilians, they have always been recreational vehicles.
@TheywaswrongМісяць тому
They all overplayed don't you think??
@johnfranchina84Місяць тому
Stellantis is entering their Boeingification phase of transitioning from a solid engineering foundation to an Accounting-lead death spiral.
@borisjankovici662Місяць тому
They're a social engineering company with all of the rest. Take note of the rainbow flag.
@1MinuteFlipDocМісяць тому
wall street banker led company, not an accounting lead company.
@hollowgonzalo4329Місяць тому
@johnfranchina84 They've gotten worse but let's be honest here stellantis never really had a "solid engineering foundation".
@worldofdoom995Місяць тому
They were never good at engineering. Chrysler has been dogshit since the new Millennium
@fdx997Місяць тому
@@worldofdoom995 Chrysler quit building cars along time ago, now they just put there name on others cars and look it's the new chrysler. I got 3 and not a one is built by chrysler.
@Ieo9017Місяць тому
“Our vehicles are too reliable and well designed - fire the engineers” - Stellantis
@TexasHarleyBoy65Місяць тому
LOL, 'Laser focused on our EV product's'! Stellantis is KILLING IT! 🤣🤣🤣
@thegarage4570Місяць тому
Government bailouts never should have happened. Let these companies fail if they’re so poorly mismanaged
@cifeyМісяць тому
I heard the US govt get profit on the shares + tax revenue? With EVs coming that's going to be a much riskier bet this time. Also didn't they take out Chekov?
@soonerfrac4611Місяць тому
EV’s and their failure have been a major factor in killing the American auto industry, by design.
@peekaboopeekaboo1165Місяць тому
@@soonerfrac4611 Japanese... Koreans....
@FACTSI1IМісяць тому
Not before selling it to a foreign entity to avoid conflict. It's in the contract with China. U.S. is obligated to keep their major manufacturers up and running until China is ready to become the world power. America is running on fumes which is why all of these pseudo wars are taking place. America only makes profits from taxes and weapons mafactuering. Weapons are our major export. With out war U.S. will go bankrupt.
@user-it8gk3ke7hМісяць тому
When chinese government bailout\support Chinese companies, we call them CPP owned company, but when we do it, it is fine
@mark-ui8luМісяць тому
You will own nothing and be happy says the WEF
@santaclause2875Місяць тому
And you vill EAT ZEE BUGS !!!!!!!!
@andybailey6763Місяць тому
Livvv in zee pahd.
@JaneJones-lg3bdМісяць тому
And you sure won't be driving........ANYTHING! If they have their way!
@JaneJones-lg3bdМісяць тому
And you sure won't be driving ANYTHING if they have their way!
@SATruthNowМісяць тому
@@JaneJones-lg3bd That's the specific reason we already have all of our excessive/totally unnecessary Chinese style bike lanes (and right-aways) on most of our California city streets, including even many of our toll bridges. And all of this with our dumb bicyclists having to pay absolutely nothing toward the total cost of physically painting/marking and maintaining all of our roads of which THEY now own (and we must now share with them) 1/4 of the roadway lane & in each direction. Therefore, we can now thank our non-elected Klaus Schwab, his WEF and all of THEIR Satanic minions for bringing to us THEIR soon to be wonderful NWO.
@joeshittheragman6252Місяць тому
"So thats it? After 25 years? Good luck?" "I don't recall saying "good luck""
@bcusaaus4749Місяць тому
That’s why anyone who works for a check needs to have an emergency fund and a plan B and C
@TheRightONe-et3ghМісяць тому
Firing engineers to give bigger pay check for the MBAs is a great strategy... Look, it worked great for Boeing.
@jean-louislalonde6070Місяць тому
And another one bites the dust...
@DKKМісяць тому
Pretty sure the unions took it all
@spartacusyoyaМісяць тому
They didn't fire the engineers and hire MBAs. Outsourced those jobs to India, Mexico, and Brazil.
@sparkeyjamesМісяць тому
@@DKK Doubt it. Executive bonus's will rise.
@frechesferkel2749Місяць тому
The only employees Boeing wouldn't fire are their hitmen who are needed to get rid of whistleblowers.
@terry94131Місяць тому
Judging by Chrysler's current offerings, they haven't used the engineers in years.
@LichaelMewisМісяць тому
Lmao
@lancereagan3046Місяць тому
I'm sure they're using the same transmission engineer since at least my 1999 2500 4X4.
@tonyisit37Місяць тому
Exactly , jeep is one of the most unreliable brand out there
@jacobmullins8280Місяць тому
@@tonyisit37didn’t used to be when it was AMC. The old inljne 6’s mated to an ax15 is pretty much bulletproof.
@vintagejo4159Місяць тому
Men come on. I can’t stop laughing .its so true.
@Detah_Місяць тому
They are the next British Leyland mark my words. Also they better fire the engineers who made that stupid electric “muscle car”
@sammiches6859Місяць тому
This is the consequence of bailing out these companies.
@subsidiarity8839Місяць тому
Stellantis is not an American Company. They are headquartered in Amsterdam.
@ravendranand6177Місяць тому
True its not, but now they own some of the "American" Car companies, which are Chrysler, Dodge, Ram, and Jeep. Those companies, before, were own by one parent company of Chrysler. When Chrysler company was not doing to well, Stellantis bought them. That its why some dodge and jeep models resembles Alfa Romeo.
@PAIDFOR50Місяць тому
What does that have to do with anything? Do American companies care more about their employees?
@HiDefHDMusicМісяць тому
@@PAIDFOR50no but they pay taxes 😂which is the whole reason we let them exist here
@irish892EМісяць тому
What's that got to do with anything?? Handing over jobs to foreign countries is absolutely wrong
@CharlesDickson-nv2olМісяць тому
They wouldn’t get away with that sort of action in Europe.
@overmonkМісяць тому
"We, the management of Stellantis, recognize that we have made significant missteps. among them the Fiatification of Jeep, and the Jeepification of Fiat. Our response is to demonstrate our economic prudence by firing the workers who loyalty made the shitboxes we dreamed up. In response we have awarded ourselves huge bonuses."
@tjs114Місяць тому
Oh, not bonuses... They are retention incentives for "mission critical staff." Remember? Or was that PG&E when they filed for bankruptcy after killing hundreds of people and burning a good chunk of Northern California. It's so hard to keep track these days.
@douginorlando6260Місяць тому
Ah yes, the Boeing management approach
@vrm86gtМісяць тому
that is 100% accurate!
@Kilaueaorph4nМісяць тому
Whatever you do, quit your job and become analyst. 👏
@trumptookthevaccine1679Місяць тому
Are you ceo?
@hotshtsr20Місяць тому
Mechanics everywhere are disappointed they weren’t there to see it 😂
@josephnoneofyourbeeswax8517Місяць тому
I admit to being emotionally attached to Chrysler (now Stellantis) but they will go under and I will not miss them. The management is beyond stupid.
@dougferguson8548Місяць тому
"We had to fire hundreds of people so that we can remain laser focused on building EVs that no one wants to buy"
@DanielBeard-bt7mnМісяць тому
Exactly. They've obviously learned nothing from watching Ford and GM this past year.
@redtitan29Місяць тому
They have no choice. Government mandates 7 out of 10 vehicles be zero emissions starting in 2027.
@reversiontothemean6129Місяць тому
@@redtitan29 Yes they did. Should have stood up to the mandates and stopped letting scum lobbyists control your government, a UAW leadership that helps build the plank the auto industry is walking off of, and lastly pay attention at the voter booth.
@HobbyOrganistМісяць тому
@@redtitan29That is a GLOBAL mandate in 31 countries and 7 US state now so far, it's happening. Now with the Salton sea's massive store of lithium that is being extracted using the region's own geothermal energy- we will be building the batteries right here in the USA instead of china Electric Vehicles, Resources, Uncategorized / December 14, 2020 Electric vehicles (EVs) have exploded in popularity in the past ten years. Thanks to early technology advances by Tesla, GM, and Nissan, battery costs have decreased and the electric range has increased. The role of electric cars is critical for greenhouse gas emissions and air pollution goals. In fact, the transportation sector alone is accountable for 30% of emissions in the United States. If any country is serious about decreasing emissions and pollution, EVs must be a part of that plan. As such, many countries around the world have devised plans, goals, or laws to end the sale of gasoline powered vehicles. These gas car bans vary in text, however, the writing is on the wall for car manufacturers.Car makers will need to produce EVs or get left behind. In the United States, EVs currently represent around 3% of new car sales. However, analysts predict that by 2030 that share will rise to around 30%. In fact, in just 2021, there will be over 20 new electric models. With lower prices, more vehicle segments, and longer range than ever before, EVs will surely make a big splash in 2021. Here are the countries and states with BANS on new gasoline powered cars: Year Detail Norway 2025 New vehicles South Korea 2025 New vehicles Belgium 2026 New company vehicles Austria 2027 New taxis or car shares Slovenia 2030 New vehicles Iceland 2030 New vehicles Netherlands 2030 New vehicles Denmark 2030 New vehicles Ireland 2030 New vehicles Israel 2030 New vehicles Sweden 2030 New vehicles India 2030 New vehicles Germany 2030 New vehicles United Kingdom 2030 New vehicles Scotland 2032 New vehicles Japan 2035 New vehicles China 2040 New vehicles Singapore 2040 New vehicles Sir Lanka 2040 New vehicles Taiwan 2040 Bus (2030), motorcycle (2035), cars (2040) Canada 2040 New vehicles France 2040 New vehicles Spain 2040 New vehicles Portugal 2040 New vehicles Egypt 2040 New vehicles Costa Rica 2050 New vehicles Cape Verde - 2035 China - 2040 US States; California 2035 New vehicles New Jersey 2035 New vehicles District of Columbia 2045 Government and private fleet Colorado 2050 New vehicles Washington 2027 Government fleet New York - 2035 (just announced) California Ramps Up Plans to Prohibit Sales of New Gas-Powered Cars April 14, 2022 State regulators unveiled a proposal this week that would limit the sale of new vehicles that use gasoline by the year 2026 and phase them out altogether by 2035. NY State Bans Sales Of New Gas Vehicles October 5, 2022 New York announced it would join California in working toward going entirely emissions free on its roadways by banning the sale of new gas powered vehicles. NEW: Nov 22, 2023 New Jersey Moves to Ban New Gas Powered Vehicle Sales From 2035 The new rule says that at least 42 percent of new car sales in the state must be zero-emission starting in 2027. New Jersey announced a new rule set on Wednesday laying out plans to transition sales of light-duty vehicles in the state to 100% zero-emission by 2035. According to a statement released by the office of governor Phil Murphy, the law, titled the Advanced Clean Cars II rule, will come into effect starting in 2027, where manufacturers must ensure that zero-emissions vehicles represent 42 percent of sales in the state. That percentage will climb with each year until 2035, when it reaches 100 percent. Currently, EVs represent roughly 12 percent of all new vehicle sales, according to the governor's office. The new law will also put more stringent standards in place for traditional ICE-powered vehicles, with the goal of improving air quality in New Jersey communities and high-traffic corridors. “By filing the landmark Advanced Clean Cars II rule, New Jersey builds upon its standing as a national leader in climate action and its participation in the global Accelerating to Zero commitment,” Murphy said in a statement. “The steps we take today to lower emissions will improve air quality and mitigate climate impacts for generations to come, all while increasing access to cleaner car choices. Indeed, together with my Administration’s continuing investments in voluntary electric vehicle incentives, charging infrastructure, and the green economy, these new standards will preserve consumer choice and promote affordability for hardworking New Jerseyans across the state.” While the announcement does not directly mention investment into charging infrastructure, the governor's office points out its continued dedication to providing adequate charging locations across the state, claiming it has helped fund the installment of 2,980 charging stations with 5,271 ports at 680 locations. New Jersey is the ninth state to enact a ban on future ICE car sales, joining California, Connecticut, Maryland, Massachusetts, New York, Oregon, Rhode Island, and Washington. With over 31 countries and 7 states with gas car bans, it is no wonder the future is destined to be electric. Sooner or later, gas cars will be a thing of the past. Several car manufacturers, such as Volkswagen, General Motors, Hyundai/Kia and, of course, Tesla, have already started building and investing in battery and electric car factories to keep up with these gas car bans. It takes several years for car makers to build these factories and design new electric cars. Therefore, manufacturers need to already begin these investments. Canada will ban sales of combustion engine passenger cars by 2035 It will require growing zero-emission car sales starting in 2026. Canada is joining the ranks of countries and states planning to ban sales of combustion engine cars. Canada has outlined an Emissions Reduction Plan that will require all new passenger car sales to be zero-emissions models by 2035. The government will gradually ramp up pressure on automakers, requiring "at least" 20 percent zero-emissions sales by 2026 and 60 percent by 2030. Officials didn't say whether this applied to a make's product mix or simply the volume of cars sold. The strategy is more forgiving for the workplace - the Canadian government wanted 35 percent of total medium- and heavy-duty vehicle sales to be zero-emissions by 2035, and 100 percent of a "subset" of those machines by 2040. The country is also offering $1.7 billion CAD (about $1.36 billion US) to extend incentives for buying electric cars and other zero-emissions vehicles. The current federal program offers up to a $5,000 CAD ($4,010 US) rebate for EVs, plug-in hybrids and hydrogen fuel cell cars that meet varying price, seat and battery requirements. Some provinces, such as British Columbia and Nova Scotia, offer their own incentives.
@contractor556Місяць тому
@@redtitan29sounds like we need to abolish epa and do the opposite this administration mandates. They mandated vaccines = fail, they mandated censorship to social media = unconstitutional in court they failed. Whatever they recommend do the complete opposite
@AZPaul48Місяць тому
At 38 years at a company. Never think your jobs secure
@user-tl7mj2bm4mМісяць тому
I was at mine for 28.5...but I saw it coming 3 years before I got laid off....so I was prepared. I had been there for so long, I KNEW exactly how the place worked. People couldn't believe I predicted it a year before it happened (the entire plant shutdown). No skin off my back....house was paid off YEARS AND YEARS ago. Kid's college was all paid off too. No car debt either.....
@garyalford9394Місяць тому
Do not forget A1 computer people !!
@erin19030Місяць тому
Amen brothers and sisters.you are all in my thoughts and prayers.
@chadbailey189Місяць тому
no one is safe anymore, just a cut throat world now. seen alot of paper mills close down, no warning, 75 year old ppl working bagging at food markets to make ends meet, lost everything owed for retirement from mills and its legal, sad
@jacksonwillett5001Місяць тому
@@user-tl7mj2bm4mglad you were prepared and it worked out for u and ur family
@unproven13Місяць тому
How many workers here on visas were cut first? They want to push prices up on cars but drop people’s pay.
@l.a.raustadt518Місяць тому
More proof they working hard for a union means nada. Union; got you a raise! Stellantis : your fired were moving!
@js4187Місяць тому
The engineers arent Union .
@spidalackМісяць тому
Loyalty to a company is a one way street. No reason to be loyal to an employer who'll kick you to the curb for any or no reason.
@erroneous6947Місяць тому
100%
@bennym1956Місяць тому
You're just a #. !!!
@DanOneOneМісяць тому
same goes to dating women... and to all other propaganda
@hopefletcher7420Місяць тому
In these times I would agree, especially with large companies. Give your employer your best efforts for your salary, but don't feel obliged to stay if a better job comes along.
@spidalackМісяць тому
@@hopefletcher7420 Give your employer what they pay for. If I get good pay, I put in best effort. If I get minimum wage, I put in minimum effort.
@otpyrcralphpierre1742Місяць тому
Meanwhile, my 1993 Toyota Pickup still runs like new.
Місяць тому
93 Ford f250 here. Gas mileage ain't good but it will pull anything you can hitch to it.
@jimelliott6200Місяць тому
My 2002 Toyota Tundra has 328,000 miles and runs perfectly.
@bcwunchМісяць тому
We sold our 1999 Nissan pathfinder with 350K miles couple of yrs ago, was still running like a champ
@pegasus5287Місяць тому
And you can repair them without computers!
@jimsimpson1006Місяць тому
Meteor proof!
@AuroraHendersonМісяць тому
Does this mean my Durango will have a recall for that Uconnect inconsistency? I’m excited to find out.
@awakenotwoke1973Місяць тому
Considering the quality of the products, I presumed they'd already done this years ago.
@checkersx3556Місяць тому
"Don't come in tomorrow. I want you to work from home, so I can fire you remotely. Did I mention you should have cleared out your desks?"
@derekheim8172Місяць тому
It's really sinister if you think about it. They get to watch their own living room turn into a prison cell in a instant. Automotive engineers are not going to find a friendly job market and they already know it or they would have left ChryFiat long ago. But there haven't been many alternatives and most of the EV work is in penny stock territory, so it's been hard for a loyal Stellantite to justify the risk of jumping ship. Now they're hitting the recruiters all at once, turning it into a numbers game. As needlessly-complex vehicles all the way to farm equipment have become, it's difficult to feel sorry for any automotive engineer. What a weird marching order to live with; make a self-destructing vehicle that only a greedy dealer can fix. What could go wrong?
@Muffin192213Місяць тому
no opportunity to go 'postal' or have to deal with anyone's emotional break down that's probably the main reason they did it that way, still shitty in any case.
@ahopefiend1867Місяць тому
A lot of hybrid and work-from-home engineers don't have desks. If you DO have to come in, you get a cube assigned by GM after they hand you a box of antiseptic wipes.
@philsmgb4393Місяць тому
Just increase the price of a Ram to 250K, that will sell 'em.
@SamSteelesМісяць тому
I suppose the Arabic community will accommodate them. They got the money!
@mk8530Місяць тому
They are not far from price already!
@darrylholcomb9076Місяць тому
No one with mega bucks wants to be seen in this firms products, yet they price their vehicles like they're targeting the rich! Absolutely stupid.
@Foofrarf23Місяць тому
I like Chrysler, Plymouth, Jeep, Dodge, etc but I'm really wondering what shift they're trying to focus on.
@ohger1Місяць тому
Engineers aren't unionized, so the guy that runs in lug nuts making $100K a year plus full benefits is safe, but salary guys are gone. Short term this works, long term the product fails.
@patmcbride9853Місяць тому
Trucks cost almost what I paid for my first house, and not the top trim level either. People are tired of paying too much for cars, trucks, and SUVs.
@garyszewc3339Місяць тому
Blame Liedenomics. 30% inflation in 3 years.
@alexisperez4100Місяць тому
Cheap outsourced state of the crap engineers will fix all Stellantis problems, they will show Americas and the world how to build good cars, of course these cheap engineers have cero track records of building anything worth mentioning, just like the managers who hired them.
@bobdobalina8910Місяць тому
The SHEEPLE will be glad to pay even more, once the Interest Rates come down, and the Equity in their Home goes up again. Borrowing to Infinity and Beyond. You Reap what you Sow. The Whirlwind will be Catastrophic.
@vothantvМісяць тому
We have to accepted the reality.West is in great decline.China and East is in ascendency.
@KevinSmith-qi5ynМісяць тому
Stellantis engineers are mostly from first world countries. It's just difficult to fire people in France and Italy. The real inflation number is over 50% which is why Stellantis increased prices near 50%. After a bought of inflation like this, it will take a decade or more for prices to stabilize and wages to be in parity.
@jamesonm.7925Місяць тому
That's a coward way of firing people
@Richdevens4Місяць тому
I dunno, I wouldn't want to be fired then go into traffic. Maybe it was better that way.
@A-r-o-hМісяць тому
Think it was done for security purposes imo. That many disgruntled employees may be too much to handle.
@shane99caМісяць тому
They were probably afraid they'd get the snot beaten out of them if they tried to do it face to face. Something tells me Stellantis is headed for a fall.
@cliffordbuttle4529Місяць тому
Worlds full of cowards 😂😂😂😂🎉
@jwad297Місяць тому
Saves walking them out with security.
@LatoyaLlab27 днів тому
And that’s why you never get comfortable with these jobs.
@yannip208321 день тому
So how many workers left in Stellantis now?
@Jaycat48Місяць тому
I was just telling my wife last week that this was going to happen. Stallantis does not like America and will completely shut down Chrysler within 5 to 7 years.
@jkmarshall3553Місяць тому
Well, Chrysler now only sells one model. And Dodge 2. So it might not take even 5 years...
@user-mr3ct1dm9pМісяць тому
And when/ if it does, don't think of ANY bailout crap. Taxpayers have done it twice, now it's on you!
@jkmarshall3553Місяць тому
US Tax dollars to bail out a French company? Yeah, probably not. @@user-mr3ct1dm9p
@joemartino6976Місяць тому
I disagree. Ram and Jeep are/were the richest and most profitable brands in the Stellantis brand lineup. The Chrysler and Dodge brands are a different story and could easily disappear. No, the problem here is that Stellantis faces an uphill battle in integrating a bunch of brands that came from different places and they are simply not handling it well. They were apparently very profitable until recently but that came from starving the brands of development money and raising MSRP's to unsustainable levels.
@Ryan-ff2dbМісяць тому
Since the UAW strike a little over 18,000 UAW members have lost their jobs and more will come. Shawn Fain may have won the battle but he's losing the war.
@ericwelchМісяць тому
The double standard for the “2 week notice”.
@johnepperson8867Місяць тому
GREAT POINT !!!!!!!!
@xmo552Місяць тому
I've always said that exactly.
@Flordah_man_lifeМісяць тому
NEVER EVER GIVE 2 WEEKS.....ALWAYS JUST QUIT............................DONT BE A CUCK!!!!
@johnberry2877Місяць тому
Hell, I work in Healthcare, we are forced to give a 30 day notice. If we fail to do so, they pay out the last check in minimum wage !
@ericeandcoМісяць тому
They usually have you sign something to strengthen the nondisclosure and give up your rights or you don’t get your lousy severance.
@SS-wi9bn15 годин тому
Stellantis NV has moved to recruiting a majority of its engineering workforce in countries like Morocco, India and Brazil, as carmakers contend with lower-cost competition and slowing demand. The maker of Jeep SUVs, Opel Corsas and Chrysler minivans is hiring engineers where the cost per employee amounts to roughly €50,000 ($53,000) or less per year, according to people familiar with the matter. The cost of labor in hubs like Paris and Detroit can be as much as five times that amount.
@user-ih6vg4rr9rМісяць тому
So, if they didn’t get on the call they wouldn’t have been fired?
@genepitney155Місяць тому
Why would I pay $75,000 for a truck to take me to the grocery store...insane?
@TheSouthernMenschМісяць тому
Because you are an idiot… i guess?
@timr9358Місяць тому
Because I can, my money,my business!
@TactileCoderМісяць тому
@@timr9358you mean the bank's money 😅 come on be honest 😂
@StewieStew820Місяць тому
Very true, this is the other half of the problem.@@TactileCoder
@Ever443Місяць тому
@@timr9358you the problem with these outrageous prices on over engineered pos vehicles
@nobody-vo7eiМісяць тому
i watched enron go down and learned a lifelong lesson. never give your loyalty away to an employer. they want that? they can pay for it. and never trust your employer. EVER.
@Polack-ml9fhМісяць тому
You’re smart, I try to tell every young kid “no corporation is gonna do you any favors out of the goodness of their hearts.” If they could pay us in company money and have to spend it at the company store, they would.
@patricec.2957Місяць тому
Loyalty to a company is a typically American thing, the rest of the world works for a living and has no loyalty to the company they work for, and Americans still think that work is the most important thing in life.
@rsinclair689Місяць тому
You can't put loyalty in the bank.
@jaysmith3361Місяць тому
@@Polack-ml9fhand make your kids work for them.
@Jenda-ld8djМісяць тому
Except for the Japanese.@@patricec.2957
@Mark-wl5oiМісяць тому
Way to go Fain, this is on your head!
@neonred7594Місяць тому
Stellantis isn't the only company that is getting rid of engineers, there are lots of them. They don't need as many engineers as they did in the past. There are too many engineers already.
@authorlessМісяць тому
Remember this when your job is like "we are family".
@HoodieSourceМісяць тому
Don’t forget the pizza parties!!! 😂😢
@YouTubehatesthetruthМісяць тому
You ain’t never lied!
@markdouglas5310Місяць тому
Any company that gets rid of its engineers and experienced workers is doomed. They will never get those skills back.
@4thorderМісяць тому
As a retired engineer, I completely agree with this statement. So much is lost when cutting like this. The people making those decisions have no idea of the complexity of technical positions. The company will pay a price that unfortunately is unquantifiable but significant.
@bobstern7827Місяць тому
Reminds me of Boeing.
@anthonywalker6168Місяць тому
Engineers are unfortunately a dime a dozen these days. Outsource to foreign nations at a fraction of the cost + no retirement plans +….
@LateNightCableМісяць тому
Chrysler used to be a real engineering company too, once upon a time.
@needsmetalМісяць тому
@anthonywalker6168 and it equals worthless product
@clifftanchМісяць тому
The UAW contract has had the unintended consequence of encouraging companies to substitute capital for labor.
@neomisterpМісяць тому
"Dont worry guys, you may be fired but at least that orange man aint in charge!"
@neverendingmodsМісяць тому
And Stellantis CEO made $36 million in 2023. A 56% increase in personal pay compared to 2022. Every Engineer just fired had their yearly salary transferred directly to Carlos Tavares, CEO of Stellantis.
@anglosaxon244Місяць тому
The winner takes it all,.....meanwhile A.I. does the job for free,...money for nothing and the chicks for free.
@blkilliaМісяць тому
@@anglosaxon244AI can't even show a picture of a white person. I doubt it can actually do anything correct at the moment.
@user-jd2vz4my1wМісяць тому
This country (USA) is finished, finished I tell you. - comedian George Carlin
@Steve-ou8nwМісяць тому
They dropped the Chrysler name, but still have the pentastar on their building. Like a grave marker now.
@mangamaster03Місяць тому
Daimler tried to get rid of it when they bought Chrysler, but it was too cost prohibitive to remove.
@glennjeffers9692Місяць тому
Still 💩
@user-yv4mm6bx3cМісяць тому
Don't worry the American voter will still vote to give them corporate bailouts.
@HoLeeFuk317Місяць тому
It hasn't been Chrysler for a long time
@geraldbennett7035Місяць тому
And they display the gay flag. That tells us everything we need to know. Workers took it in the r**r
@spatt833Місяць тому
Can't sell new cars to people who don't have jobs.....