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November 29, 2006

Losing Faith at Ford?

Posted in: Observations

Ford announced that 38,000 employees took the offered early retirement package. Itwas a high number than expected.

Why?

Was the package that compelling? The bean counters would have designed a package just compelling enough to get the desired number of employees to opt out, not fewer, not more.

So could it be that there is a loss of faith in Ford? Are those on the inside thinking “I’m getting out while the getting out is good”?

That possibliity has to be disconcerting for shareholders and managers at Ford.


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