Yes, Model E is so exiting. Batteries and electric motors and subscriptions. - whoowee. Most exciting time ever! Too bad the "we build excitement" slogan was already used. Consumers are so excited the auto industry has to beg the government for incentives.
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Per your own words the key is "immediate." What happens after the word "immediate" expires?
There is no future at Ford. Chances of bankruptcy is high. Try to protect yourself and your family. Don't assume you are safe here.
Why would anyone want to consider leaving now? Leadership has stated immediate further cuts are done. Plus, especially if you are in Model e, the most exciting times are now ahead of us at Ford.
Always be prepared to leave when you work at Ford……
After 2019 SRD process done by a consulting firm, every division developed a list of potential candidates to be removed, by the end of 2019, then 2020 and 2021 many of those who retired had been contacted by their spvrs or managers checking w/them their intentions. Those Voluntary separations received a separation package. At the formerly known TDE, managers "retired" in summer 2019 and additional ones by the end of 2019,2020 and 2021 along many GSR's that were close to retire and their jobs were deemed so essential.
I was one of the LL6 that were approached by my LL4 after the SRD processes ended in summer of 2019 and I retired by the end of that year.
Some of the managers "retired' (Capoccia, Varhatian, etc.) in summer 2019 tried a lawsuit against Ford but they got peanuts in return.
One those managers just had came back from a stint in Australia for 3 years where he did an outstanding job but as he said to me, he did not have enough support from Ford NA so he was SRD'ed in summer 2019
The other manager was well respected but as with the other one, he did not have enough backup in Dearborn WHQ to keep him employed.
Instead, Frat boys remained at TDE running the show
Some of those frat boys from GMI, MSU, etc, retired with golden parachute in 2020 or 2021. They knew that more severe cuts were coming, they told their TS to move out as soon as possible or to be very visible otherwise their time at Ford was limited.
Most TS started to take on project outside their expertise as a way to be under the limelights, it seems that for most of them it did not work. Friends of mine were lest go a couple of weeks ago, very professional engineers but according to the reasons given for their dismissal they were too expensive to Ford to take care of OPD assignments.
There have been 2 cuts this year, March and August, some people who were allowed to stary are retiring as we speak, most of those GSR's have a fully vested pension and do not want to lose money from it due to interest rates.
It is an unofficial cut but in some areas many heads will go out. It is expected another SIRP before the end of the year in some areas as Transmission Driveline Engineering and Engine. According to a HR friend of mine even though TDE lost 30% Head Count in August still it is too fat according to HR metrics
Now Ford is not afraid to do SIRP's, no more incentives to retire, severance package will be the norm
Not hear of Dec. cuts? You must live under a rock. Dec is Ford's favorite month to dump PD agency.
That depends. Have you saved and invested your money? Have you managed your debt load? Anybody with 30+ years that is worried about being safe may never be safe.
Farley wants to cut 3 billion. 3,000 people only equals $450 million. Feel safe yet?
We? really...
Yes all are safe
- from your favorite leader JF
We are in 2022. No one is safe in the corporate world. The company wants 8,000 employees gone. Still 5,000 left to go after the recent 3,000 employee cuts.
I have never heard of cuts in Dec. I find that pretty difficult to believe. I doubt it.
I don't recall ford ever doing cuts in December.
No next round is December. Just in time for the Holidays.
Give me a voluntary and i'll be safe at home.