Ford Rolls Out an Intriguing New Severance Option to Underperforming Employees
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Ford Rolls Out an Intriguing New Severance Option to Underperforming Employees
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In this week's episode, Abbey Dean and friend-of-the-pod Jeff Reinke (Editorial Director for Industrial Equipment News) discuss Ford’s decision to offer longtime employees with performance issues the option to voluntarily leave with a severance package rather than go through a performance enhancement plan.
Additional Recommended Reading
Ford Offers Easy Exit to Underperforming Workers, SHRM
Ford to Offer Some Underperforming Workers Choice of Severance or Performance Improvement, The Wall Street Journal
Ford Gives Underperforming Employees Option to Take Severance Package, The Detroit News
‘We Absolutely Have Too Many People’: Ford Ready to Wield the Axe as U.S. Economy Slips into Technical Recession, Fortune
Industrial Equipment News
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