Description |
1 online resource (20 pages) : illustrations |
Series |
Human resource management online (text) |
Summary |
Ford, the third largest US based automobile company (after GM and Toyota) planned to retrench its manpower in US in 2006. This announcement came after couple of months of GM's manpower rationalization. Where GM mainly concentrated on cutting the blue collar jobs, Ford planned to cut 14,000 white collar jobs in North America as it tried to turn around its flagging business. It had also planned to close 16 factories by 2007, instead of shutting 12 by 2012 as previously announced. Ford expected these measures would help it to reduce annual costs by about $5bn (£2.65bn) by the end of 2007. Earlier in 2006 Ford announced it would offer redundancy and early retirement packages to all of its 75,000 unionized blue-collar workers in the US. This case deals with the details of employee separation plan of Ford Motors vis-a-vis GM. It also unfolds how this initiative can be strategically beneficial in Ford's turnaround plan and also enlightens HR aspects of this Early Separation Plan |
Notes |
Case study reference no.: HRM0034K |
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Title from resource description page (viewed May 26, 2015) |
Bibliography |
Includes bibliographical references (page 20) |
Notes |
In English |
Subject |
Ford Motor Company -- Case studies
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General Motors Corporation -- Case studies
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SUBJECT |
Ford Motor Company. fast (OCoLC)fst00546509 |
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General Motors Corporation. fast (OCoLC)fst00534871 |
Subject |
Employees -- Dismissal of -- Case studies
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Organizational change -- Case studies
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Personnel management -- Case studies
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Employees -- Dismissal of.
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Organizational change.
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Personnel management.
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Genre/Form |
Case studies.
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Form |
Electronic book
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