I wonder how many people will take the package that Ford is offering? I head they are giving a maximum of 6 months salary for people with more than 20 years of service - which is really disappointing and that is why I do not believe there will be many offer takers. Who would take such an offer anyway?
13 replies (most recent on top)
Funny in 2017 Marketing & Purchasing were offered 18 months if you had over 20 years. PD & ME were considered critical back then. If they were to sweeten the p-t you will exceed your numbers.
Trust me, your performance, long hours worked or proven results will not protect you if your demographic puts a target on your back. SRD walked out many people who were high performers working long hours. On the other hand, if you’re a poor performer or labeled a trouble maker they’ll lump you in with whatever demographic they’re after at the time. In some cases moving to a new team is not the best idea. If the new team has two people who fit the metrics and they only need to lose one it’ll be the new person who goes. There really is no place to hide. In the last 30 years I’ve worked for two other companies and lived through several reductions at the other companies and at Ford. It’s always stressful. I’m not patting myself on the back for making it those head count reductions. It was as much luck as performance.
@1slr+1bU4FWDL so you hired in during or just after 'Hatchet-Man's SRD" where they eliminated tons of experience based on age and then proceeded to promote inexperienced 20 somethings. NOW a couple years later you are turning 50 and your worried? Now? Heck, you should of run for the hills long ago. You say you worked 50-60 hours and never complained to your boss. How did you think that was going to change the fact you were not a child in an age discrimination company that purchased an algorithm from Biston Consulting to use to target employees for reduction. Finally, you think you can negotiate a vesting for an exit package? Wow - how much HR kool-aid have you been drinking? I get it, you believed the you were 'special', the 'new' Ford, you are the future recruiting line. However you somehow know this site and could read the endless comments warning you. Did you dismiss the warnings as those from disgruntled employees? Well, sad to say, welcome to the club where Ford will terrorize you every year with threats of reduction. The endless spinning of the wheel if your number will come up and your life destroyed. The endless putting off of major purchases out of financial fears. To watch our incompetent management wreak havoc without consequence to then continue hiring and cutting current employees. Ford is NOT a employer of choice to build a career, it is a ruthless fast food jo--t that grinds up people and spits them out when it suits them.
Agency conversions are happening too.....
@1cam+1bU4FWDL posts really sucks if true for me personally. I just got my 2 years and I have been working crazy hours (55-60 per week) ever since March of last year and I never complained to my boss. I am about to turn 50 at the end of the year and yes I got the email and my heart sunk. What would really add insult to injury is that if I were "encouraged to leave", I would be walking away from the company match 401K contributions (you need to have 3 years in to get this amount). Curious if worst case scenario happens, is there any way to negotiate getting the company match 401k if you are under 3 years?
If your job relates to controls/software/CAE (not IT), seems like you were not given an offer (meaning almost all of VESC except two areas). Interesting because these are the people who could easily get jobs at other companies.
Post ID: @1aks
I think health insurance wasn't included for those who didn't have a pension.
For 20+ years of service, the Involuntary Separation severance is 9 months of salary, but only 6 months with Voluntary. What advantages are there to the Voluntary?
During last week's "Building Ford +" meeting, it was mentioned that 5 areas were targeted for the VSSP. Finance and Purchasing were excluded this time. In the offer they also posted an Age Discrimination in Employment Act (ADEA) form which lists the targeted age range from 24 to 69. It is broken down by job classifications.
Everyone I work with got the offer.
In the military, when an Officer gave you a 'suggestion' to do something you treated as an 'order.' It sounds like Ford is doing the same with their 'invitation.'
In PD electrification
we got the invitation to leave. Sounds like pretty much everyone in PD got the note. Interestingly, quite a few areas with absolutely no EV or core business function did not. Looks like we are going down the same path as every failed reduction. Save the dead weight, cut technical expertise, hire more people with zero experience, and promote a ton more people. Quality problems and more failed launches. Yeah, this is the way it's done at Ford.
I echo the reply above but with some correction: some teams in electrification were affected as well as research and PD. people age 50 and below as well. the offers seem to be very disappointing especially for anybody that is not looking to retire. LL6s were affected as well not just GSR and by the way, ford is going to reorganize again since Conway was deemed not to be the most effective way. on the other hand, they are hiring so many people, I know of 5 within the last 2 weeks.
A LL4 mentioned to her Dept. that this time specifics sections were identified as targets. Meaning that targeted sections within the same department will get an invitation e-mail for Voluntary Separation while other section in the same department may not get it because they were deemed critical to Ford's future.
The same LL4 said that the division leadership already identified those who they want to leave Ford and if the division does not meet the target of 7% of total headcount reduction those individuals will get a personal call with a lawsuit proof script to strongly encourage to take the package. The goal is a minimum of 7% headcount reduction per Divisions.
Areas working with BEV or electrification were spared while everyone else was deemed fair game. Since Conway affected many divisions adding more headcount after the 2020 exodus a D-mb Redesign took place identifying those who cost more to Ford and were labeled as must go. No LL6 or LL5 will be affected, only GSR's. Anyone older than 50 is expected to be "invited" to take the package