https://www.freep.com/story/money/cars/ford/2020/09/01/report-ford-cut-1000-jobs-north-america-restructuring-plan/3453113001/
12 replies (most recent on top)
@"Oh yay. Let's now paralyze the workforce again for the next 3-10 months while we mess with yet another round of buyouts that not enough people....."
You don't think that's the goal? They hate this whole WFH and can't wait for us to get back to the office in full strength (i.e, I can physically monitor you and if I see you, you must be doing a good job). Pretty easy from their point of view to get compliance remotely by dangling these ongoing "reductions," forcing us to anticipate the next one. Nose to the grindstones while WFH or suffer the same fate as your less fortunate 2019 brethren.
@xew+16JUFhUp Your analysis is correct
After SRD my husband (57) had multiple job offers within three weeks had a higher paying, less stressful job. He was a LL6 technical specialist in ITO. He regularly worked 70 hour weeks (all casual overtime) at Ford. He now works 40 hour weeks. Family life is improved as is his health.
The situation now is all the IT work is remote and the pay scale for most positions is lower. There are exceptions for specialized skills, but in general today’s job environment is not so great.
Good luck to all
The folks over 50 had an easier time after SRD because it was a different world then.
Different world today. Plus with work from home you can find lower cost talent on the other side of the earth.
Tell me why I am wrong.
The workforce won't be quite as paralyzed as last SRD because no one is in the office to gossip.
Oh yay. Let's now paralyze the workforce again for the next 3-10 months while we mess with yet another round of buyouts that not enough people take that then is followed by another round of involuntary because they didn't get remotely enough people to take a package. Then followed by the always predictable HR Feel Good program/ messaging to try to convince the yet again jaded workforce how much of a caring company they are.
I have friends who were SRDd and over 50 and they found jobs without a problem. Positions they are very happy with. Of course the discussion about Ford eliminating high performers because of salary and pension probably didn’t hurt their chances.
So of course this is how it always works to find what heads to cut – which is why Ford never gets it right. Step 1.. pull headcount report. Next, eliminate all Ford family members and their special friends from the list. Next, remove all senior executives and their special friends from the list. Next remove all the PDLP people from the list because of course we need more management and these people got on the program because they were someone's special pet. Next remove all the FCGs from the list because we need as many children with no experience to run things further into the ground after the cut experienced staff. See how this goes. And they wonder why we are failing so hard.
Anyone over 50 - good luck finding a job in your field unless you are upper management. If you find one at a supplier - you will have to get used to working.
Stay at the country club as long as possible.
They can start with all the Ford family members who add zero value to the company. Alexandra, Elena and Henry III are all useless. And of course the Big Buck Bill can go back to destroying the Lions full time.
It is in the news and when Ford was asked for information they would not comment other than to say they continue to restructure for fitness. That’s not a good sign.
Let’s see what they say at the global waddle, er I mean ‘huddle’ tomorrow. If they mention it, then of course it is real. If they don’t but someone asks the question about it and they deny it with the famous “we don’t have any announcements regarding voluntary separations at this time” then you know it is true. Heck, it is true - was going to be a c-ap year anyway before the over-reaction.....now it even worse.
Good news is because of politics, it will only be voluntaries this year. The big hammer will drop next year. The only reason I see for taking the voluntary this year is if you have 20 to 30 years in and have health benefits available from a spouse working - then should be a no brainer. Else might well as well work another 6 months then still collect 9 months severance. The only exception might be if you are over 60....might be wise to take the voluntary now so as you can start the job search sooner than later...
and it starts all over again