Does anyone know if retirees still get the hsa reimbursement money? Haven’t heard or seen anything about it?
Is this even legal????
You ask: what the heck are you waiting for? Take the money and run. Seriously! We can't. It's only offered to LOW PERFORMERS. Only losers need apply. Not open to regular folks
Something is amiss
There were about 100 low performers who were targeted with this plan. Then why send the note to hundreds of people leaders? Makes no sense!!!!
Executive “retirements”
It looks like Rowley, Falotico and Armstrong are all taking the PEP 🤣 Now we are down to only 90 overpaid executives listed on our website. Cutting that in half would help the financials and not impact the business.
10 reasons why you feel good buying an electric F150!
They are super fast. They are quiet. They dont require gasoline. You can drive by gas stations and smile. When it has been obvious for years that the U.S. electrical grid is incapable of sustaining wholesale conversion to EV cars . . . and that... — read more
Vicious Cycle
Low performers are being targeted. So when they leave, the mid level performers are now the "low performers". This strategy will never work, and never end.
You ask: what the heck are you waiting for? Take the money and run. Seriously!
We can't. It's only offered to LOW PERFORMERS. Only losers need apply. Not open to regular folks.
Retention bonus
I hear some are offered retention bonuses. In my opinion, this is another sign that the management is losing control and that they no longer know what they are doing. I'm trying to think in which cases I would accept that option, that is, how big... — read more
What are people waiting for?
I'll preface this by saying I am not longer at Ford; my job "was eliminated" (funny I see advertisements - on LinkedIn no less - for it that look very, very similar to what I used to do, but whatever...) over this past summer. I'll say this - if... — read more
Change in low performance separation: no more severance package
Just heard rumor, the company just made changes to the Performance Enhance Plan (PEP) to the low performance employees. Instead of giving several month salary severance package, or choose to take PEP training. There is NO MORE severance package. ... — read more
What did you do in Halloween?
I gave out most of my Ford Hotwheel and Matchbox cars. Many 10yo kids would enjoy them much more than I do. I will keep my BMC and Talbot though
Perhaps they should start with Management & the BOD.
https://www.wsj.com/articles/ford-looks-to-offer-severance-to-white-collar-employees-it-deems-underperformers-11667186857.
Where do I sign up?
"They may know they weren't going to improve or they're not the right fit or they're just checked out," Bradley said. I say where do I sign up? I want to check out. Only losers may apply.
Bumping this up
Ford reviewing giving retention bonuses to not retire https://www.thelayoff.com/t/1jkaKI1V or @OP+1jkaKI1V
The "voluntary" severance
Is there any information on how much the severance package will be for salaried employees who were rated as underperforming?
What a farce. Ford said well under 100 employees go through a PEP each year.
Much talk about nothing? If truly under 100. Unless its just another scam. Which it is. Why not open it up to everyone who wants to go, which would be fair. No. Only poor performers may apply. Farce. Stinks.
If only Elon Musk needed factories enough to buy Ford
I’d pay big money to watch him carry a sink into Ford WHQ !
Quick question
Why weren't underperforming white-collar employees laid off in August already?
Detroit Free Ford Press finally had to publish it….
…so they asked Farley for his press release to print as “news:” “No, Ford has not begun a new round of job cuts, the company told the Free Press on Monday. But the automaker has added a key update to its employee handbook affecting about 30,000... — read more
What about regular folk who would have loved to take advantage of this voluntary program?
Only poor performers need apply. Just not right.
What do I have to do to get some help here?
We keep losing people and they're not being replaced. My manager keeps ignoring our requests to hire help but we can't last much longer than this. Is it smart to go over his head? Will I just be putting my name on the next layoffs list - or even be... — read more
Ford White Collar Employees: Insult to Injury
Ford has a leadership void and this is an excuse to drive further cuts in headcount. Optics so JF and BF can sleep at night but not pulling the wool over anyone's eyes but their own. Ford has altered a policy aimed at certain white-collar workers... — read more
Bill says our future depends on the success of F-150 Lightning….
“The company's heir William Ford Junior, also said this year that the company's $40,000 F-150 'lightning' truck needs to be a success or it will put the company at risk of failing. “ The Lightning is a failure. It is unprofitable and can’t tow a... — read more
Ford Offers Severance to Workers It Deems Underperformers
https://www.wsj.com/articles/ford-looks-to-offer-severance-to-white-collar-employees-it-deems-underperformers-11667186857
The s$$$ has finally hit the (FAN) NEWS --FORDS UNFAIR PRACTICES NOW OUTED, only poor performers get severance! Great optics!
See Barron's news and wall street journal wsj: Ford Is Moving Ahead With Staff Cuts, Report Says. There Will Be Severance. Monday, the Wall Street Journal reported that Ford (ticker: F) is offering severance packages to some U.S. salaried staff that... — read more
Great Job Ford with Trimming Staff SMH
Since the layoffs this summer, my team is doing way more with less, and yet the demand is way up. The conversations are constantly, “Why can’t you do this faster?” or “Why is our quality down?” with the remaining teams completely burned out. “I... — read more
Terminated in August and still read this site?
I was wondering how people are doing if you were terminated in August. I was one of those and still come to the layoff to find out what is going on at Ford. 38 years at Ford ended in a 3 minute meeting. Still feel like I need to go to work on Monday... — read more
Young people (20-30)
If you think the current processes don't work or not necessary, then you are not offering recommendations for better ways of doing business, or you're not being heard by your management, or you're being dismissed with no value. If this was a... — read more
70More news on ford not giving vssp to all in todays Detroit news
At least they're offering a buyout - Ford is just firing people in this age and service range with a few months of salary. Ford is targeting people close to qualifying for their full pensions and not offering a deal to them.
Ah yes, the most trusted company busted for stealing software!
https://jalopnik.com/ford-ordered-to-pay-millions-for-allegedly-stealing-sof-1849715905/amp 🤣🤣🤣 All show and no go. Just like our vehicles.
Clown Hall
Who do these gas bags think they are motivating?
Ford doesn't know how to use the potential of its employees
Or perhaps better said, the managers don't even know how to recognize the potential of their employees here? Later, when these people leave, they make big career moves in their new companies, and in a very short time. I don't like the direction... — read more
Chrysler Buyouts
https://finance.yahoo.com/news/1-chrysler-parent-stellantis-offering-164023577.html
How attractive is Ford to young talented people?
I don't want to generalize, but several young new hires I know are not interested in their work at all. In addition, they look quite unsatisfied. I think that Ford will have to change something if the company wants to attract young talented people... — read more
Next in line is...
Sheila Ford Hamp Let that sink in!
Ford vs GM vs Stellantis?
Who will come out the strongest after this recession?
$104,650,000 could pay a lot of salaries…
A federal jury in Michigan found Ford Motor Co. guilty of violating a contract and misuse of trade secrets, awarding Texas-based Versata Software $104.65 million on Wednesday after three weeks of trial testimony.
Today’s Townhall
CEO/Chief Bathroom Inspector. I mean wow… Bill was taking flak, he was pi---d. Farley not long for this company.