"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."

@jjc4577

3 ай бұрын

oh yes...because counting beans only is a net positive for a company.

@chumpthetraitor7331

3 ай бұрын

That's what Boeing did

@SayAhh

3 ай бұрын

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.2794

3 ай бұрын

@@chumpthetraitor7331 It's a Dodge Stratus, not a 747 lol. Nobody cares if you crash it, really.

@Spike-ej4st

3 ай бұрын

Right!

No executive bonuses were harmed in this decision.

@carstenf279

3 ай бұрын

Executive bonuses were doubled. They just saved the company millions by firing all those people.

@ACommenterOnYouTube

3 ай бұрын

True that

@robertl955

3 ай бұрын

Definitely got a bonus for saving all that money 😂

@lilblackduc7312

3 ай бұрын

Isn't that a load of crap!

@UnknownUser-fe5zu

3 ай бұрын

😂 unfortunately true

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-ql9fi

3 ай бұрын

The homeless would outperform both and improve all the other slaves for coffee doughnuts and time in janitor closet when not working.

@Ross-ql9fi

3 ай бұрын

Bring me the 18.38 million and you can watch how it unfolds 😂🎉

They’ve had 50 years to learn from Toyota and Honda, 50 years

@unconventionalideas5683

3 ай бұрын

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!

@ohger1

3 ай бұрын

Toyota will be gone in less than ten years. Their debt is 250 BILLION.

@niilespunkari8832

3 ай бұрын

@@ohger1 Crazy. I had to google it.

@tomtom1541

3 ай бұрын

​@@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).

@fp5495

3 ай бұрын

But you're still clinging to the same idea from 50 years ago with no advancements in sight, evidently.

I understand that their $80,000 Jeeps and trucks aren't selling too well. I wonder why..

@msryder9265

3 ай бұрын

exactly

@guilleport

3 ай бұрын

Imagine.

@ripvanrevs

3 ай бұрын

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.

@robedmund9948

3 ай бұрын

They're trying to offset their EV losses by hammering ICE customers. All thanks to Joe Biden.

@rchydrozz751

3 ай бұрын

Please continue to give your money to Trump. He doesnt even know you exist.

More proof working hard for a company means nothing.

@Iz0pen

3 ай бұрын

You can’t just work for any company too, you got to pick one that’s half decent

@cwg73160

3 ай бұрын

Your comment is proof that you’ve never worked hard a day in your life.

@gregkramer5588

3 ай бұрын

Companies do not owe you a job. You fill a need as long as they have that need.

@crtmojo2705

3 ай бұрын

Legacy had a good run. 100 years of profits.

@ryanfowler3285

3 ай бұрын

The necessary ones didn't lose their jobs.. let THAT sink in and look in the mirror.

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?

@bolbiitp7850

3 ай бұрын

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?

@zenmaster9195

3 ай бұрын

​@@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.

@fblack9033

3 ай бұрын

Yep. Sounds right.

@user-xo1kt5pc9b

2 ай бұрын

Sounds about right.🙄

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.

@KevinSterns

3 ай бұрын

No engineers = no products = no future Excutives are pillaging the company. Standard procedure.

@sblijheid

3 ай бұрын

The costs of the materials are too high and going higher, while they don't have fools to buy their impractical products.

@hottubking1229

3 ай бұрын

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.

@billysolhurok5542

3 ай бұрын

@@KevinSterns vulture capitalism

@erich6860

3 ай бұрын

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

All the executives got together and decided the problem was *not* with the executives, but with workers. 🙄

@anydaynow01

3 ай бұрын

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!

@douginorlando6260

3 ай бұрын

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

@kensmith5694

3 ай бұрын

Yes, you don't want to the last guy shoveling coal on the Titanic.

@TheMasterOfShadows

3 ай бұрын

Yes.

@magaareinbredhillbillies

3 ай бұрын

in the old days boeing was the top dog than greed step in.

The CEO made $39 million in 2023… start cutting costs there, that would quickly improve the bottom line

@7sunsetmaro7

3 ай бұрын

GM CEO made 24mill as well. Gross, isn't it?

@chrismemphis8062

3 ай бұрын

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..

@chrismemphis8062

3 ай бұрын

@@7sunsetmaro7 I'll never buy a UAW made anything.

@eyeinsee

3 ай бұрын

Could’ve saved about 400 or so jobs if he would just settle for a measly $2mil a year. Smh

@chrismemphis8062

3 ай бұрын

@@eyeinsee Who would work for $5000 a year? FUZZY MATH.

Remote firing..what a class act...what critical skills did they use

People are still talking like they're an American company.

@millzoday4117

3 ай бұрын

😂😂 right

What a shocker, people can't buy $80K -$100K trucks. Go figure.

@BlahBlah-em2ed

3 ай бұрын

Sure they can. It’s called a 120 month car loan.

@Rapscallion2009

3 ай бұрын

​@@BlahBlah-em2edyeah. But then you only get to sell them a car every 10 years. So your volumes are in the toilet.

@bobbleheadbob

3 ай бұрын

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.

@paulholterhaus7084

3 ай бұрын

That's $100k plus another $100k for interest charges...............Paul

@993mike

3 ай бұрын

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.

That's why there should never be any bailouts.

@jlozano281

3 ай бұрын

Thank you!!! I thought it was a free market?

@joellenbroetzmann9053

3 ай бұрын

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.

@kevinpatrick8788

3 ай бұрын

Agreed . No more Corporate welfare and bank bailouts . If they cant manage themselves let them fail and go belly up.

@rcbrascan

3 ай бұрын

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.

@rickace132

3 ай бұрын

The rich get socialism, everyone else gets capitalism.

If only they could figure out how to make and market a 1972 Datsun pick up

Electrification isn't costing car makers a penny- it's costing you money.

@Dannysoutherner

3 ай бұрын

Not costing me a dime. I'm not buying a rolling iPhone.

@davelowe1977

3 ай бұрын

@@Dannysoutherner Your insurance has gone up though and your diesel tax is subsidising BIK payments and zero road tax EVs.

@Dannysoutherner

3 ай бұрын

@@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.

@jamiesexton4332

3 ай бұрын

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.

@tim656

3 ай бұрын

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.

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.

@kierra5498

3 ай бұрын

I quit engineering in 2020 & started dental school

@sed6

3 ай бұрын

Yes! Just like Rich dad poor dad says we should expand our personal skill sets.

@Theashleydenise

3 ай бұрын

Gaining a new skill set is what it’s all about!!

@fenrirgg

3 ай бұрын

What does your new company do?

@zudemaster

3 ай бұрын

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

Who can afford 80,000 90,000 100,000 dollar cars other than lawyers and other 1 percenters?

@DUCKSAREEVILLLLLLLL

3 ай бұрын

They had to gouge ICE vehicle buyers to subsidize EV suicide, which was mandated by Confederate Democrats and their WEF masters.

@zdc590

3 ай бұрын

The majority of normal people THINK they can afford it, because they don't understand financing.

@user-fq7vs8dl5k

3 ай бұрын

People that weren't lazy bums their entire life and actually did something to make money can afford it .

@rjobrien7805

3 ай бұрын

Easy to afford a $1000/month car payment when there's little to no housing costs.

@kevn99

3 ай бұрын

Even if I can afford it.

They remain laser focused on making EVs to compete with China. A game that has already been lost.

Eventually when there’s nowhere for these fired workers to go, people will start revolting.

"Where do you see yourself in 5 years?". Being laid off on a Zoom call along with thousands of my coworkers.

@joelayoub2774

3 ай бұрын

hundreds

@scottblackburn2969

3 ай бұрын

You think 5 yesrs

@nickk05281982

3 ай бұрын

Specially if you push for doing remote work. Remote work can be done anywhere

@zaiks0105

3 ай бұрын

💯 . Here is another. Employers expect workers 2 weeks notice, yet they don't even give 1 hr after firing a worker

@LuciFeric137

3 ай бұрын

Hahahahaha. Droll

The execs should go first, especially at Stellantis. Their lack of competitiveness is not because of engineers, but rather terrible pathetic business decisions.

@jjc4577

3 ай бұрын

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.

@twinnevans971

3 ай бұрын

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.

@robertd9850

3 ай бұрын

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.

@ugabuga1361

3 ай бұрын

idk.... the trunks on the challengers cant even stay lined up after the first year.

@ANTAGONIST1776

3 ай бұрын

@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.

When you lose 37 thousand dollars on every electric vehicle 😂😂😂

900 days inventory of ram 2500 sitting on dealer lots. And still charging over 100k

We remain laser focused on building EVs that nobody wants to buy.

@M85Iroc

3 ай бұрын

That will be the end of the company

@skeltane

3 ай бұрын

HAHAHA. That is exactly correct. Get off the EV band wagon and they just might start to make money again.

@user-vc1vt5ot1e

3 ай бұрын

About 1% of American taxpayers can even afford the damned things.

@secondchance6603

3 ай бұрын

And flying their rainbow flag @2:50

@gordonjohnson2497

3 ай бұрын

....because they're shit compared to a Tesla

“Work from home Friday, and be sure to attend the meeting where we fire you remotely.” That’s cowardly and lame.

@Powernoodle_

3 ай бұрын

Boo hoo. Employees can quit remotely too. It has nothing to do with cowardice.

@UnknownUser-fe5zu

3 ай бұрын

And they wonder why there are workplace shootings.

@AVincentDesign

3 ай бұрын

What?! Hahaha

@meghanmisaliar

3 ай бұрын

​@@Powernoodle_I agree. I don't see it as cowardly. Just pragmatic.

@meghanmisaliar

3 ай бұрын

Its business. What do you expect? They don't care about feelings.

All those engineers need to get together and form their own company

Governments must stop bailing out businesses.

@Ross-ql9fi

3 ай бұрын

The people need to quit being slaves

@Ross-ql9fi

3 ай бұрын

The consumer in Control not bad business' or greedy governments

He forgot high prices and low quality.

@wtfyoguylol

3 ай бұрын

Bingo 🎯

It’s a recession when your neighbor loses his job; it’s a depression when you lose your own.” ― Harry S. Truman

@EllieMaes-Grandad

3 ай бұрын

Recovery will begin when Biden loses his job.

@Nahbruhsheesh

3 ай бұрын

Lol

@juliecramer8459

3 ай бұрын

Interesting quote

@richardross7219

3 ай бұрын

@@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.

@eyeinsee

3 ай бұрын

And Its a psyop when the mass media wont acknowledge either

How about cutting the CEO's pay by 95%?

@groberts5337

3 ай бұрын

EXACTLY, THE PROBLEM IS BOARD MEMBERS ARE HIS/HER FRIEND

I can only imagine that these workers consider this a “bloodbath “.

@nonamewillbegiven2412

3 ай бұрын

TDS alert

@camillecaballero9246

3 ай бұрын

@@nonamewillbegiven2412 I think you misunderstood my comment…. My point was that trump’s assessment of our automotive industry was 100% correct

@nonamewillbegiven2412

3 ай бұрын

@@camillecaballero9246 so I didn't and Trump is never right about anything

@camillecaballero9246

3 ай бұрын

@@nonamewillbegiven2412 tell it to your mom

@nonamewillbegiven2412

3 ай бұрын

@@camillecaballero9246 lammmme

That’s a really scummy way to handle that firing people in a virtual meeting is cowardly.

@katieandkevinsears7724

3 ай бұрын

The bosses didn't want to get jabbed in the neck with a set of keys.

@caronstout354

3 ай бұрын

Some exec saw "Up In The Air" and thought that it was a documentary...

@JustSayN2O

3 ай бұрын

@@caronstout354 Right. A "how to" training course.

@user_uif_ghg_wer_das

3 ай бұрын

@@caronstout354 That's the Harvard graduate's idea, firing people virtually, saving a lot of money and hassles.

@leok7193

3 ай бұрын

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.

they came to the hard decision that the board of directors all wanted a raise

@Emmy-J

3 ай бұрын

Don't forget the share holders and the future bonuses

@bobbleheadbob

3 ай бұрын

How do you know? Don’t cast judgement when you don’t know anything.

@momoneyinvesting

3 ай бұрын

They wanted that 3rd yacht!

@stephenpetersen354

3 ай бұрын

​@@bobbleheadbob take a look at the history of their compensation...

@Bobo-ox7fj

3 ай бұрын

@AmericanTraitors-GOP certified commie comment - +0.5 social credits awarded, your next scheduled bathroom break is in eleven hours, fifty three minutes.

Naturally, the top 100 SUITS making $1M+ a year won't get a pay cut.

@MotownGal

3 ай бұрын

Nope. They just earned bonuses equivalent to the total salary of the people they just fired. They're toasting with champagne.

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.

"Go home and get on zoom so we can fire you while you're muted."

@Chiefgeargrinder

3 ай бұрын

Low-down Dirty tactics by Corporate Pirates as usual.

@plebeian_egalitarian

3 ай бұрын

They always do this remotely now. Shameful.

@dannyt1705

3 ай бұрын

Can you honestly say its not deserved ?

@soonerfrac4611

3 ай бұрын

Learn to code!

@dannyt1705

3 ай бұрын

@@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 ?

That's a coward way of firing people

@Richdevens4

3 ай бұрын

I dunno, I wouldn't want to be fired then go into traffic. Maybe it was better that way.

@A-r-o-h

3 ай бұрын

Think it was done for security purposes imo. That many disgruntled employees may be too much to handle.

@shane99ca

3 ай бұрын

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.

@cliffordbuttle4529

3 ай бұрын

Worlds full of cowards 😂😂😂😂🎉

@jwad297

3 ай бұрын

Saves walking them out with security.

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).

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.

@brianpiper3188

3 ай бұрын

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.

@hopefultraveler3543

3 ай бұрын

I understand they are discontinuing the Charger and Challenger.

@brianpiper3188

3 ай бұрын

@@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-ql9fi

3 ай бұрын

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-ql9fi

3 ай бұрын

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

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.

@garyszewc3339

3 ай бұрын

Blame Liedenomics. 30% inflation in 3 years.

@alexisperez4100

3 ай бұрын

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.

@bobdobalina8910

3 ай бұрын

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.

@vothantv

3 ай бұрын

We have to accepted the reality.West is in great decline.China and East is in ascendency.

@KevinSmith-qi5yn

3 ай бұрын

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.

I guess there aren't many idiots willing to pay $60k - $120k for a Jeep product.

@rogerrussell9544

3 ай бұрын

Jeeps that are just as delicate and prone to problems as the Alfa engines they use.

@mylesgray3470

3 ай бұрын

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.

@ilovepinktacos

3 ай бұрын

Jeeps are worth like $25k tops, a disposable vehicle that will fall apart under a year plagued by gremlins & shoddy workmanship let by unions

@MrThe1234guy

3 ай бұрын

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

@erin19030

3 ай бұрын

I am still driving a 20 year old Ford Minivan.

If you can do your job from home in your underwear clicking on a computer, so can someone in India.

@bigbarry8343

3 ай бұрын

clearly not - have you been to India?

@ReeseL4D

2 ай бұрын

@@bigbarry8343 Have you worked at home in your underwear?

I saw this coming when the union received its new contract.

"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."

@tjs114

3 ай бұрын

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.

@douginorlando6260

3 ай бұрын

Ah yes, the Boeing management approach

@vrm86gt

3 ай бұрын

that is 100% accurate!

@Kilaueaorph4n

3 ай бұрын

Whatever you do, quit your job and become analyst. 👏

@trumptookthevaccine1679

3 ай бұрын

Are you ceo?

Translation: You're all being fired for cheaper foreign workers.

@georgevue8175

3 ай бұрын

Exactly - Tyson Foods is leading the way by replacing 52,000 American workers with fresh across the border illegals.

@Bryanbkk

3 ай бұрын

Thanks Shawn Fain

@imagoodlistener2730

3 ай бұрын

Like Tyson employees. Straight up. New colonizers are in town. Time to step aside.

@joeg5414

3 ай бұрын

Have to make room. LIke what Tyson Foods is doing

@imagoodlistener2730

3 ай бұрын

@@joeg5414 I said something similar. Didn't post. Freedom!

And that’s why you never get comfortable with these jobs.

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.

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.

@jmax313

3 ай бұрын

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 !

@alelectric2767

3 ай бұрын

So you won’t working anytime soon then cause it that way everywhere

@davidmccall4776

3 ай бұрын

@@jmax313 ...and assholes will be assholes, whether at $400,000.00 or $50,000.00, and the common denominator is almost always GREED!

@lrobie123

3 ай бұрын

yep

@jorgej5916

3 ай бұрын

they have directions, just not about Fundamental Manufacturing rather about playing with numbers.

Just increase the price of a Ram to 250K, that will sell 'em.

@SamSteeles

3 ай бұрын

I suppose the Arabic community will accommodate them. They got the money!

@mk8530

3 ай бұрын

They are not far from price already!

@darrylholcomb9076

3 ай бұрын

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.

“Build back better “ is progressing according to plan

“Our vehicles are too reliable and well designed - fire the engineers” - Stellantis

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.

@erroneous6947

3 ай бұрын

100%

@bennym1956

3 ай бұрын

You're just a #. !!!

@DanOneOne

3 ай бұрын

same goes to dating women... and to all other propaganda

@hopefletcher7420

3 ай бұрын

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.

@spidalack

3 ай бұрын

@@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.

The double standard for the “2 week notice”.

@johnepperson8867

3 ай бұрын

GREAT POINT !!!!!!!!

@xmo552

3 ай бұрын

I've always said that exactly.

@johnberry2877

3 ай бұрын

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 !

@ericeandco

3 ай бұрын

They usually have you sign something to strengthen the nondisclosure and give up your rights or you don’t get your lousy severance.

@zzbudzz

3 ай бұрын

@@johnberry2877 How in the hell is that legal?

LOL, 'Laser focused on our EV product's'! Stellantis is KILLING IT! 🤣🤣🤣

"So thats it? After 25 years? Good luck?" "I don't recall saying "good luck""

Why would I pay $75,000 for a truck to take me to the grocery store...insane?

@TheSouthernMensch

3 ай бұрын

Because you are an idiot… i guess?

@timr9358

3 ай бұрын

Because I can, my money,my business!

@TactileCoder

3 ай бұрын

​@@timr9358you mean the bank's money 😅 come on be honest 😂

@StewieStew820

3 ай бұрын

Very true, this is the other half of the problem.​@@TactileCoder

@Ever443

3 ай бұрын

@@timr9358you the problem with these outrageous prices on over engineered pos vehicles

He failed to mention the ridiculous costs of stock buy backs and executive pay/bonuses.

@user-cn8nu6lq4w

3 ай бұрын

gotta protect those precious investors.

@rich7447

3 ай бұрын

Executive pay is actually not excessive for the size of the business. Their proxy is available here if you want to see how much executive officers of the company were compensated: www.sec.gov/Archives/edgar/data/1605484/000160548423000020/stellantis-20221231.htm#i8e81d16f4a444df7ab0ef2d816264de0_316

@sharonhines3476

3 ай бұрын

​@terra_world The CEO enjoyed a 56% boost in total compensation in 2023, including a nearly 11 million dollar bonus. They announced a stock buyback of $3.2 billion in Febuary this year.

@rich7447

3 ай бұрын

@@sharonhines3476 Stock buybacks should be outlawed.

@geraldbennett7035

3 ай бұрын

i love stock buybacks. I got rich from that. You could too.

This is the consequence of bailing out these companies.

Mechanics everywhere are disappointed they weren’t there to see it 😂

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-ml9fh

3 ай бұрын

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.2957

3 ай бұрын

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.

@rsinclair689

3 ай бұрын

You can't put loyalty in the bank.

@jaysmith3361

3 ай бұрын

@@Polack-ml9fhand make your kids work for them.

@Jenda-ld8dj

3 ай бұрын

Except for the Japanese.@@patricec.2957

Stellantis is entering their Boeingification phase of transitioning from a solid engineering foundation to an Accounting-lead death spiral.

@borisjankovici662

3 ай бұрын

They're a social engineering company with all of the rest. Take note of the rainbow flag.

@1MinuteFlipDoc

3 ай бұрын

wall street banker led company, not an accounting lead company.

@hollowgonzalo4329

3 ай бұрын

@johnfranchina84 They've gotten worse but let's be honest here stellantis never really had a "solid engineering foundation".

@worldofdoom995

3 ай бұрын

They were never good at engineering. Chrysler has been dogshit since the new Millennium

@fdx997

3 ай бұрын

@@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.

That’s why anyone who works for a check needs to have an emergency fund and a plan B and C

They are the next British Leyland mark my words. Also they better fire the engineers who made that stupid electric “muscle car”

You will own nothing and be happy says the WEF

@santaclause2875

3 ай бұрын

And you vill EAT ZEE BUGS !!!!!!!!

@andybailey6763

3 ай бұрын

Livvv in zee pahd.

@JaneJones-lg3bd

3 ай бұрын

And you sure won't be driving........ANYTHING! If they have their way!

@JaneJones-lg3bd

3 ай бұрын

And you sure won't be driving ANYTHING if they have their way!

@SATruthNow

3 ай бұрын

@@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.

At 38 years at a company. Never think your jobs secure

@user-tl7mj2bm4m

3 ай бұрын

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.....

@garyalford9394

3 ай бұрын

Do not forget A1 computer people !!

@erin19030

3 ай бұрын

Amen brothers and sisters.you are all in my thoughts and prayers.

@chadbailey189

3 ай бұрын

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

@jacksonwillett5001

3 ай бұрын

@@user-tl7mj2bm4mglad you were prepared and it worked out for u and ur family

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.

The UAW contract has had the unintended consequence of encouraging companies to substitute capital for labor.

Firing engineers to give bigger pay check for the MBAs is a great strategy... Look, it worked great for Boeing.

@jean-louislalonde6070

3 ай бұрын

And another one bites the dust...

@DKK

3 ай бұрын

Pretty sure the unions took it all

@spartacusyoya

3 ай бұрын

They didn't fire the engineers and hire MBAs. Outsourced those jobs to India, Mexico, and Brazil.

@sparkeyjames

3 ай бұрын

@@DKK Doubt it. Executive bonus's will rise.

@frechesferkel2749

3 ай бұрын

The only employees Boeing wouldn't fire are their hitmen who are needed to get rid of whistleblowers.

These idiots want upwards of 100K for a Jeep!!

@jerryw5508

3 ай бұрын

and two or three years later, recalls and defects discovered.

@Null_Null_Null

3 ай бұрын

Imagine paying a cent for a jeep, so cringe 🤢

@jamiegreen8065

3 ай бұрын

Sadly, there's a plethora of "truck bros" who will buy them and the overpriced 3/4 ton and 1 ton trucks so that they can make KZread and Instagram videos about how "badass" and expensive their rides are

@monsterboomer8051

3 ай бұрын

As a European I can say when I was a kid I called every offroad looking car "Jeep" even if it was Nissan or Toyota. Jeep was a symbol for offroad. Today, I don't care about Jeep at all. Times changing. Sometimes for the worse.

@gregorylyon1004

3 ай бұрын

So does every manufacturer want $100K for a vehicle

Considering the quality of the products, I presumed they'd already done this years ago.

Can't sell new cars to people who don't have jobs.....

Stellantis is not an American Company. They are headquartered in Amsterdam.

@ravendranand6177

3 ай бұрын

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.

@PAIDFOR50

3 ай бұрын

What does that have to do with anything? Do American companies care more about their employees?

@HiDefHDMusic

3 ай бұрын

@@PAIDFOR50no but they pay taxes 😂which is the whole reason we let them exist here

@irish892E

3 ай бұрын

What's that got to do with anything?? Handing over jobs to foreign countries is absolutely wrong

@CharlesDickson-nv2ol

3 ай бұрын

They wouldn’t get away with that sort of action in Europe.

They dropped the Chrysler name, but still have the pentastar on their building. Like a grave marker now.

@mangamaster03

3 ай бұрын

Daimler tried to get rid of it when they bought Chrysler, but it was too cost prohibitive to remove.

@glennjeffers9692

3 ай бұрын

Still 💩

@user-yv4mm6bx3c

3 ай бұрын

Don't worry the American voter will still vote to give them corporate bailouts.

@HoLeeFuk317

3 ай бұрын

It hasn't been Chrysler for a long time

@geraldbennett7035

3 ай бұрын

And they display the gay flag. That tells us everything we need to know. Workers took it in the r**r

How many workers here on visas were cut first? They want to push prices up on cars but drop people’s pay.

So, if they didn’t get on the call they wouldn’t have been fired?

"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?"

@derekheim8172

3 ай бұрын

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?

@Muffin192213

3 ай бұрын

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.

@ahopefiend1867

3 ай бұрын

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.

Judging by Chrysler's current offerings, they haven't used the engineers in years.

@LichaelMewis

3 ай бұрын

Lmao

@lancereagan3046

3 ай бұрын

I'm sure they're using the same transmission engineer since at least my 1999 2500 4X4.

@tonyisit37

3 ай бұрын

Exactly , jeep is one of the most unreliable brand out there

@jacobmullins8280

3 ай бұрын

@@tonyisit37didn’t used to be when it was AMC. The old inljne 6’s mated to an ax15 is pretty much bulletproof.

@vintagejo4159

3 ай бұрын

Men come on. I can’t stop laughing .its so true.

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.

More proof they working hard for a union means nada. Union; got you a raise! Stellantis : your fired were moving!

@js4187

3 ай бұрын

The engineers arent Union .

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.

@jkmarshall3553

3 ай бұрын

Well, Chrysler now only sells one model. And Dodge 2. So it might not take even 5 years...

@user-mr3ct1dm9p

3 ай бұрын

And when/ if it does, don't think of ANY bailout crap. Taxpayers have done it twice, now it's on you!

@jkmarshall3553

3 ай бұрын

US Tax dollars to bail out a French company? Yeah, probably not. @@user-mr3ct1dm9p

@joemartino6976

3 ай бұрын

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-ff2db

3 ай бұрын

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.

They overplayed their $130,000 Grand Wagoneer and $80,000 Wranglers.

@DixiecratDemocrat

3 ай бұрын

300k Demons 💀

@Aramule

3 ай бұрын

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.

@jorgej5916

3 ай бұрын

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.

@safeandeffectivelol

3 ай бұрын

@@jorgej5916 Jeeps haven't been work vehicles since the Vietnam War and for the USPS. For civilians, they have always been recreational vehicles.

@Theywaswrong

3 ай бұрын

They all overplayed don't you think??

I like Chrysler, Plymouth, Jeep, Dodge, etc but I'm really wondering what shift they're trying to focus on.

This car company is history. They build crap, ruined Jeep, ruined Challenger and Charger, made the name of Chrysler a joke.

@romaniangod5649

3 ай бұрын

I'm a proud 200 owner

Remember this when your job is like "we are family".

@HoodieSource

3 ай бұрын

Don’t forget the pizza parties!!! 😂😢

@YouTubehatesthetruth

3 ай бұрын

You ain’t never lied!

Because sidelining engineers and outsourcing for cheaper labor worked so well for Boeing...

@matthewcaughey8898

3 ай бұрын

Worked so well the plugged doors blow off in flight

@kevinintheusa8984

3 ай бұрын

When your door falls off of the car, you don't plummet to your death, so there is an upside, I guess.

Way to go Fain, this is on your head!

Does this mean my Durango will have a recall for that Uconnect inconsistency? I’m excited to find out.

Not surprised that these companies would rather fire hundreds of people that actually do work than to reduce executive bonuses

@LJ-hk4tv

3 ай бұрын

Let it all implode. It was a flawed system to begin with.

@mattmatt4618

3 ай бұрын

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.

@ACommenterOnYouTube

3 ай бұрын

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.

@l4ndst4nder

3 ай бұрын

@@mattmatt4618 you’re right, someone needs to be there to boost their market price with stock buy backs as the company rots.

@Simon-talks

3 ай бұрын

Thanks a lot Biden

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.

@thaboomer53

3 ай бұрын

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.

@lawoflift1

3 ай бұрын

Right! And don't vote demon-rat!

@rushrush6754

3 ай бұрын

​@@thaboomer53the world has changed alot since your Era of working

@APATHTC

3 ай бұрын

​@@thaboomer53That life is long gone, sir. Sorry to break it to you. 🤷🏿‍♂️

@moisesfuentes2090

3 ай бұрын

USA business don’t know the meaning of loyalty as Japan does!

That doesn't surprise me. Stellantis is very strong in Brazil and has expanded its team of local engineers. FIAT has always dominated, and Jeep and RAM have grown recently. The first RAM pickup produced outside North America is produced in Brazil.

So how many workers left in Stellantis now?

Government bailouts never should have happened. Let these companies fail if they’re so poorly mismanaged

@cifey

3 ай бұрын

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?

@soonerfrac4611

3 ай бұрын

EV’s and their failure have been a major factor in killing the American auto industry, by design.

@peekaboopeekaboo1165

3 ай бұрын

​@@soonerfrac4611 Japanese... Koreans....

@FACTSI1I

3 ай бұрын

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.

@thedetailsaredark1607

3 ай бұрын

@@soonerfrac4611the problem is, our government has no choice. The democrats (politicians in general really) would be outed so horribly if they ever went against their mistakes. Most Americans really believe they helped bail out American companies too. The only real American companies here are the small family owned local companies that rely n use local resources and the money made stays locally. Fuck these big companies. If capitalism was real and weren’t a communist country, they would have failed and smarter people would have replaced them already making better products

The CEOs need to fire hundreds of employees in order to keep their bonuses intact.

@captainamerica6525

3 ай бұрын

...and pay an outrageous union contract.

@supertuber120

3 ай бұрын

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.

@nattyw495

3 ай бұрын

​​@@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.coyote6618

3 ай бұрын

​@@nattyw495amen

@pyhead9916

3 ай бұрын

the CEO supports Joe Biden!

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.

Been through this too. It sucks!

They didn’t want fired employees on the premises when they delivered the news.

@warped2875

3 ай бұрын

Exactly! What a chicken$#|t move!

@gregorylyon1004

3 ай бұрын

It was all a setup

The engineering firm I worked for was sending their Solidworks drawings to India for to be created into 3D models. We would receive them and insert them into our assembly drawings. 99% of the 3D models we received from India was junk and we couldn't use them. I made a suggestion to my team leader that we go to the local community college and get some students in their CAD program to create our 3D models. This would keep the jobs in the USA and reduce turn around time for finished 3D models for our applications...Of course, they turned down.

@unlearningcommunism4742

3 ай бұрын

I'm in biostatistics (for FDA and clinical studies) and I see the same thing, with the difference that our software is called SAS. They are so reckless that hundreds of pages long reports maybe have 5 pages without some sort of error. And yet, those "teams" are somehow inexpensive and brilliant

@ClockworkGFX

3 ай бұрын

​@@unlearningcommunism4742 they're brilliant because they're inexpensive.

@geraldbennett7035

3 ай бұрын

I had poor experiences with Indian IT people at work too. They wouldnt do good jobs and would correct their work on the phone call and say there is no longer a problem. This happened many times.

@ClockworkGFX

3 ай бұрын

They're not paid for quality. They're paid for volume.

@unlearningcommunism4742

3 ай бұрын

@@ClockworkGFX When there is no (real) market, there is no need for quality. Sad but true.

Can't wait to see the urban exploration videos of this building in the coming years.

Didn’t the CEO or Stellantis just get a 56% pay raise?!?!?!