Thread regarding Ford layoffs

If things get real bad Executives Will Get "Retention Bonuses"

During the great recession many LL4's and higher received retention bonuses in exchange for committing to stay with the company. If it all goes bad watch for it to happen again

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| 1261 views | | 7 replies (last February 24, 2020) | Reply
Post ID: @OP+13ydrGZL

7 replies (most recent on top)

@1jug+13ydrGZL is right.... I have to deal with one twice a week who cannot speak in concrete terms. When we talk about data center issues or staffing, its always "we have to square the circle, we have to run the gauntlet, we need to recognize the polymorphic constraints and then we will get to the optimal point". I leave every meeting thinking "what planet did this person fall off of?"

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Post ID: @7cwh+13ydrGZL

Ummmm thay already get this on a yearly basis. This is standard operations here already. Maybe not down to LL4 level, but the top has always received these types of incentives.

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Post ID: @4awb+13ydrGZL

At least someone is already seeing a nice uplift this year: "Jim Farley could get 32% pay raise as Ford chief operating officer"
https://eu.detroitnews.com/story/business/autos/ford/2020/02/18/jim-farley-compensation-ford-chief-operating-officer/4799875002/

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Post ID: @2fyd+13ydrGZL

Well deserved by nost

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Post ID: @1xei+13ydrGZL

Most of the Executives don't have the skills to leave anyways.

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Post ID: @1jug+13ydrGZL

I'm sure that some will take them, but I know of @half dozen who are leaving in the middle of the year no matter what. They are just waiting to see if there is a package offered, and none of them say they are done working. Most people are just fed up with this mess.

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Post ID: @1hxd+13ydrGZL

They did it all the way down to GSR level in the midst of the Great Recession.

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Post ID: @pbq+13ydrGZL

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