"So apparently, legacy automaker Ford (F) took a look at all the problems it is currently facing, from a supplier that suffered a major fire to tariff problems and economic concerns from potential buyers, and decided the way to fix this was to get more people in the office. That could be an oversimplification, but Ford is reportedly doubling down on this plan, threatening workers with firing if they are not in more."
"In fact, Ford is warning workers that, if they fail to show up in the office more, they could face outright firing. Ford's return-to-office mandate featured the requirement that workers be in the office at least four days a week. The problem, though, is that some workers are reporting that they are hearing the threats despite not only complying with updated attendance policies, but also having work-from-home arrangements that were approved by management."
Ford faces operational and market pressures including supplier disruptions, tariff issues, and buyer economic concerns. Ford implemented a return-to-office mandate requiring most employees to be on-site at least four days per week and threatened termination for noncompliance. Some employees reported receiving warning notices despite complying with updated attendance policies and holding approved work-from-home arrangements. Human resources acknowledged errors in the warning-email system and said standards were inconsistent, pledging changes to communications. Investors reacted negatively to the policy enforcement, sending shares down over 1.5% in midweek trading. A separate note mentioned the GT40's influence on Ford's performance and supercar ethos.
Read at TipRanks Financial
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