Post by mysteryjim on Dec 29, 2009 1:02:16 GMT -5
For a moment, imagine that you’re one of the remaining 41,000 hourly workers at Ford Motor Company in America. You’ve stuck with the company these past few years on a gut-wrenching rollercoaster ride. You’ve seen your friends laid off and spent sleepless nights wondering what the future holds for you. Through your efforts, you’ve helped to pull the company out of a stall and earlier this year you agreed to givebacks that saved the company $500 million. Now, at long last, your company has begun to see a light at the end of a very long, dark tunnel.
Your company’s stock surges to a four-year high with share value quadrupling over last year according to published reports. You read that your company records a $1.8 billion profit in the first nine months of the year and that it plans to reinstate 401(k) contributions and merit pay increases for salaried employees. And you? Well, Ford would like to get rid of you. That’s the message behind Ford’s announcement that it was offering voluntary buyout packages to all of its hourly workers. Thank you very much for all your patience, sacrifice, dedication and all, but we have too many workers at the moment. Should you refuse our offer, prepare for more sleepless nights as our next step to right-size the company will undoubtedly be another round of layoffs.
Oh, and Merry Christmas.
by Mike Thompson, Detroit Free Press (freep.com) December 23, 2009
Your company’s stock surges to a four-year high with share value quadrupling over last year according to published reports. You read that your company records a $1.8 billion profit in the first nine months of the year and that it plans to reinstate 401(k) contributions and merit pay increases for salaried employees. And you? Well, Ford would like to get rid of you. That’s the message behind Ford’s announcement that it was offering voluntary buyout packages to all of its hourly workers. Thank you very much for all your patience, sacrifice, dedication and all, but we have too many workers at the moment. Should you refuse our offer, prepare for more sleepless nights as our next step to right-size the company will undoubtedly be another round of layoffs.
Oh, and Merry Christmas.
by Mike Thompson, Detroit Free Press (freep.com) December 23, 2009
Attachments:
