WayForward

The Detroit Free Press is reporting today that since Ford began offering buyouts and early retirement offers to its hourly employees last year, about 27,000 have accepted and left the company. Since the offer was made last October to hourly workers at all of Ford's plants in North America, about ...

If you are still here after seeing your friends and colleagues pink-slipped (or encouraged to take buyouts or early retirement), then we want to know how you're feeling. That was the basic message sent to Ford's white-collar workers today by Ford's President of the Americas Mark Fields. Top Ford ...

In a filing with the Securities and Exchange Commission that surfaced yesterday, Ford estimated that it the accelerated restructuring plan announced last September will cost $11.2 billion when the books are finally balanced. In other words, it will cost Ford$11.2 billion to let go of 38,000 hourly ...

We here in Ohio love our Ford plants. We've got 'em all over the place – in Cleveland, in Toledo, in Cincinnati... wait. Scratch those last two, as the Way Forward plan counts among its victims a stamping plant in Maumee near Toledo and a transmission plant in Batavia near Cinci. Ohio ...

By now, everyone knows that Ford Motor is in trouble in North America, largely because of a product line that missed a rapid shift in consumer preferences, but there's a limit to how quickly the company will be able to restructure to meet the challenge, according to Ford's president for American ...

It's not usually a good sign when your boss starts talking to you about what you want to do with the rest of your life. If they start leaving the help wanted classifieds on your desk, things are really getting bad. If they actually bring in a number of other employers to recruit amongst their ...

Daniel Howes of The Detroit News has written a piece on the project that was supposed to pave the way for Ford's Way Forward turnaround plan. It wasn't as big as Alan Mulally coming in or the restructuring plans now in effect, but it did involve Clinton White House consultants using polling and ...

The Ford Bold Moves web-based documentary reaches lucky number 13 today and focuses it's power over audio and video on the upcoming Ford Edge. "This launch is absolutely crucial," says Mark Fields in the episode, and we couldn't agree with him more. I say as much in an accompanying piece on the ...

If you're like us, no doubt you're most interested in how Ford's accelerated Way Forward plan is going to affect the company's product portfolio. Having just watched the webcast delivered by Mark Fields (a trasnscript of his speech can be found after the jump), here's what we can tell you. ...

All right, we got up this early to get Ford's announcement first thing, so let's get to it. Ford has announced, in a nutshell, that Way Forward 2.0 will include a further reduction in its production capacity and work force combined with a "ramp up" of new product introductions. The company also ...