Even with the 3,000 terminated, there are still 20,000+ too many salaried people for Ford to be competitive. Unfortunately, most of these are untouchable, as they are on the Ford Family and Friends plan. Our only hope is getting bought by VW.
19 replies (most recent on top)
Yes the cut Will continue until end of September
I was lucky to get out 2 weeks ago after 33yrs of employment. It sucks if my co workers get the shaft. I suspect there will be some pencil sharpening as soon as the Aug rates are published and these people see in real dollars how much they stand to lose.
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
I don't get it. You wrote such an intelligent thoughtful post but then cited a total bs article. ??????
I agree with prior poster. If you read the article, it clearly relates to the involuntaries, not some new voluntary. Yes, that article is giving details of the involuntary reduction that just occurred, not a future voluntary buyout.
There are no plans for a voluntary. If there were, it would have happened before the involuntary. 8,000 is a global number, not US. Between, the August involuntary and the appeal of taking the GRP lump sum before 11/30, another large cut is not planned but smaller cuts are possible.
No RTO, at least not until the train station and Dearbor campus transformations are ccomplete. Properties have been sold so there isn't room for everyone to come back.
@1itz
Yes, that article is giving details of the involuntary reduction that just occurred, not a future voluntary buyout.
say+1iw44YYG:
It seems very unlikely that this is true. Ford has sold off many of the buildings and many knowledge workers have no permanent residence with only a few hoteling buildings. Even with the reduction in workforce, there still won't be enough room. Add to this the people that were hired as remote workers.
No.
2023 yes
https://fordauthority.com/2022/08/details-surrounding-new-ford-buyout-plan-being-reviewed-by-workers/
interesting about RTW. the building I'm in will not hold all of our department and we've been encouraged, all this time, to not return to work. Don't know where they are going to put everyone with selling off all the buildings by the Lions Training camp.
RTO and voluntary packages ... not what I've heard, but who knows with this company.
@say+1iw44YYG
Please share the link to the news article you referenced. Thanks!
I just got cut last week. But here is what I've been reading, hearing, seeing.
They won't do another involuntary this year. However, voluntaries are coming. There was a news article on this earlier this week. Rumors are some employees have been asked to review, under NDA, the terms of a voluntary.
The other thing that is coming in 2-3 weeks is a Return To Office plan. The goal is to get 99% of the work force back to SE Michigan. If you're unwilling to relocate back in order to work 2-3 days a week, then you will be considered as quitting. (IE no package). Obviously some exceptions will be made at the LL4+ level since many of those guys aren't in SE Michigan. Rumor has it that very few exceptions to this will be made.
Those two actions will mean another involuntary is unnecessary this year.
Correct, next round in December just before the Holidays.
Merry christmas and a happy new year!!
Yes. First week of December. Don’t get caught off guard.
Haven’t you kept up with all the news articles mentioning 8,000 employees being cut? 3,000 positions were already eliminated, so that leaves 5,000 more before the end of the year.