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Ford Rolls Out an Intriguing New Severance Option to Underperforming Employees

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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