Gene One

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Title: Gene One

Essay Details:

Subject: Technology

Author: Becky H

Date: March 6, 2016

Level: University

Grade: A

Length: 2 / 531

Essay text:

In a restructuring plan the company plans to close manufacturing plants in North America and cut up to 30,000 jobs by 2012. A contract with the United Auto Workers (UAW) union that ran through September 2007 required laid-off employees to be paid nearly their full pay and required Ford to offer buyout packages in order to accomplish the cuts. In response to employee morale from massive layoffs Ford Motor Company issued bonuses to approximately 125,000 employees; including employees who have accepted buyouts to leave the company. Most union workers will receive $500 as a bonus. Ford CEO Alan Mulally communicated via email that the company and employees have made "significant improvements in quality and cost savings” (Isidore, 2007,¶10)...

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