Thread regarding Ford layoffs

How do you get 8000 volunteers ?

It would be interesting to see the demographics of the 31000 employees..

2 groups.... GRP (General Retirement Plan - 30 yrs) and FRP (Ford Retirement Plan -401K Based no

Everybody hired after Jan1 2004 is FRP and there is no 30 yr milestone.. Your retirement money is yours to take if you leave or get separated.

Historically..The GRP folks with 20+ yrs are given 6-9 months severance.

The Unicorn deal adds years of service to the folks that are near 30 yrs... I think that happened back in 2012...

Ford / NESC is not advertising the fact that the Lump Sum will decrease next year.

All that being said..

Give the 30yr folks a deal they will never get again... 1 yr pay severance.

The folks at 25-29yrs give them an option to buy their way to 30 yrs with 1 free year.

Create a Retiree Employment Pool so Ford can contract some of these folks to do critical tasks to avoid a bit drain of knowledge.

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| 3006 views | | 11 replies (last July 22, 2022) | Reply
Post ID: @OP+1hQowlcw

11 replies (most recent on top)

@xqj+1hQowlcw - not Wink dollars: Wink bucks!

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Post ID: @spp+1hQowlcw

You can volunteer to leave the company, Ford security will walk you out the door immediately. They are more than happy that you volunteer.

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Post ID: @czd+1hQowlcw

Farley is too proud to drink the leaked 8XXX mix he created... get off the pot and lets get on with this stuff. I feel like Clark Griswold waiting for my severance check....I gots to build me a pool.....

Now for Story Time..

Who remembers Wink Dollars? We had a CEO of Ford Credit who made his own money...Don Winkler..

I recall one executive telling us our dealer were going to be converting their service bays to showrooms because our quality was going be so high.

The new Bronco was introduced at the 2004 NAIAS by Jay Mays...OJ was only in Jail for 9 yrs...it took ford 17 yrs to get the Bronco back in production.

Remember the all electric Ford Ranger...

How about Jac buying up junkyards...

Or the desire to own a British Car Company...

Or Handcuffs offered in the Aston Martin accessories book... recently sold at auction for $3000....WTF

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Post ID: @xqj+1hQowlcw

Farley is funnier that his cousin.
Fire every executive thru GSRs who dont have a bse period. By bye farley.

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Post ID: @jej+1hQowlcw

"Give the 30yr folks a deal they will never get again... 1 yr pay severance."

Yes, please ;-) Now you just need 7999 more.

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Post ID: @hvr+1hQowlcw

@hbp lack of jobs related skills is a huge issue, and especially a lack of engineering of all types. My current LL needed seven years to graduate with a Bachelors in General Studies, but they graduated from Farley School and think they are the smartest person in the room.

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Post ID: @wus+1hQowlcw

Amen to this “ This cr-p about finding the right folks for Model E is smoke and mirrors. Good engineers can adapt to anything.”

Farley is just projecting is own lack of skills, adaptability and abilities onto others. He isn’t an engineer, which is the root of all the problems we have been seeing. In fact most of the leadership stack lacks requisite skills for their positions.

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Post ID: @hbp+1hQowlcw

I have worked with some great people on some great programs. All the other stuff is noise... you can try to speed up the train or slow it down but often it is better to enjoy the ride and know your seat. Given the team and the manager I would come back in a minute. Its fun being an engineer working on future products. Is it tough and we always will have challenges... but you are going to get that anywhere. I think the complexity issues have a lot of engineers working on 10 different versions of the same thing. That mentality needs to stop and sometimes the lack of bodies makes it impossible to follow that path.

Ford should have incentivized retirement planning when the pandemic started to avoid the disruption of so many talented engineers walking out the door. This cr-p about finding the right folks for Model E is smoke and mirrors. Good engineers can adapt to anything.

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Post ID: @rhl+1hQowlcw

With the dramatic reduction in heads, why isn’t Ford thinning the Executive ranks. Bosses with no teams doesn’t make sense.

Classic “good for thee, but not me” mentality.

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Post ID: @rus+1hQowlcw

Management doesn’t value knowledge or expertise. All they see is you are an expensive resource and they can hire someone for less money or not do the job at all.

If you think you want to go back to work for Ford after retirement just retire without a package. Then there isn’t any restrictions.

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Post ID: @fpa+1hQowlcw

Give the 40+ years, two years service.

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Post ID: @gtf+1hQowlcw

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