It's done for now, but how long will it be before the next round? I'm not naive enough to believe that this was it. They can claim all they want that the 8k was not true, but I've been burned by Ford leadership enough times to know not to trust a word that's coming out of their mouths.
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This made me laugh: "They don't like workers working from home; they want them back in the office."
That will never ever go back fully to the way work was pre-march 2020. And those leaders can pat themselves on the back for that because of their voting for the dee rats.
I hear they want to transition to a tech company style with transient employees who stay 3-5 years and move on.. no more 25-30 year folks. Constant stream of fresh blood.
It is not just Ford, it is the whole global economy--major storm clouds on the horizon. The Fed made it clear today they are going to plunge us into a major recession. The elite are just getting started! They don't like workers working from home; they want them back in the office. Too much union activity and workers leaving for better jobs; time to slam on the monetary breaks to make people appreciate their sh-t jobs.
The rats tend to leave the sinking ship a month before the herd is culled. Watch the exec departure announcements. Hau is out 10/1...end of October firings are likely.
Next round is by the end of October according to a source from HR friend of mine. It seems HR overlooked to target some divisions with more headcount reduction. There was a lot of lobbying from most ICE divisions to have more time to revise their payroll and ID candidates, they got an extension until end of October.
It is expected that many LL2 and 3 with 30 years in service will leave with a golden parachute as well as many depts will be merged into one.
Basically, the Under Body Systems Div will merge all Automatic Transmissions depts into one and will fire more personnel who were "protected" in this round.
Director is expected to switch to Linamar as Global VP of Engineering and one of the chief engineers will start working for Schaeffler as Ford Liaison due to close friendship with current Account Manager. One manager has already a gig with Dana and another Manager is already in talks with another OEM to work as Executive Director for eTransaxles Manufacturing.
All big fishes are already looking for opportunities outside Ford since they are next in line to be asked to leave, with golden parachute but still leaving.
Remember 6-12 months ago when all Bill Ford wanted to talk about was how Ford needs to be the most TRUSTED brand? Trust starts with your employees, Bill.
I agree..I too don’t trust them.