Ford will offer severance packages to veteran staff who are underperforming as it attempts to slash spending by $3bn amid huge losses.White-collar workers with at least eight years experience, who are viewed as showing a pattern of declining performance, can take a cash payoff or go on an intensive four- to six-week ‘enhancement plan’.But those who choose the enhancement plan and fail to improve won’t be eligible for any severance, an internal email reveals.
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