Ford Motor Co. is out to purge its white-collar ranks of less-than-impressive employees, but rather than floating golden parachutes, the No. 2 automaker is swinging lumps of coal. An internal memo obtained by the Detroit Free Press says the program is targeting "low performers" or "average/solid performers with limited potential" whose "job performance is less than we will need from someone in your position." Ford says any of the 53,000 salaried workers may refuse the buyout, but if they do, their "future merits/bonuses will be limited."
Tact Is Job One?
Ford Motor Co. is out to purge its white-collar ranks of less-than-impressive employees, but rather than floating golden parachutes, the No. 2 automaker is swinging lumps of coal. An internal memo obtained by the Detroit Free Press says the program is targeting "low performers" or "average/solid performers with limited potential" whose "job performance is less than we will need from someone in your position." Ford says any of the 53,000 salaried workers may refuse the buyout, but if they do, their "future merits/bonuses will be limited."
