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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.
Even worse for workers, the company reported a $907 million loss in the April-June period this year for its North American division and says now that cuts may have to go even deeper than the 2,750 positions.
Originally posted by Frosty
While it is not quite exactly news that Ford is losing money and that workers are being laid off, this particular tactic of doing so is quite bizzar. I have never heard of someone escorting workers out of a building after being fired, usually they are left alone to leave with dignity under their own power.