- Dec 28, 2003
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DETROIT For the first time in generations, Ford Motor (F) has resorted to firing employees and immediately escorting them from corporate buildings shaking up the company and compelling Chief Executive Officer Bill Ford to send a message last week to employees.
Until now, Detroit automakers have cut thousands of white-collar jobs almost exclusively by getting employees to voluntarily leave through early retirement or buyouts, or by letting open jobs go unfilled.
But not nearly enough people have come off Ford's payroll to meet its initial goal of cutting 2,750 of its 35,000 North American white-collar workers.
http://www.usatoday.com/money/autos/2005-08-15-ford-cuts-usat_x.htm
Until now, Detroit automakers have cut thousands of white-collar jobs almost exclusively by getting employees to voluntarily leave through early retirement or buyouts, or by letting open jobs go unfilled.
But not nearly enough people have come off Ford's payroll to meet its initial goal of cutting 2,750 of its 35,000 North American white-collar workers.
http://www.usatoday.com/money/autos/2005-08-15-ford-cuts-usat_x.htm