Sad fact, who will be the first to go? The senior people-as in "senior" in years of service which also means experience. Have some of these people been "sandbagging" for years? I'm sure there are some in that category who managed to survive. Good riddance. But unfortunately I would bet a lot of talent will take their "deal" and walk out the door.
And as others have pointed out- manpower reductions when a lot of money is being spent on "brick and mortar"-or should I say "old brick and mortar" that will cost a small fortune to make safe and functional.
I'm sure Hackett is counting on this "bold move" to boost his standing with the financial press. Manpower reductions are always greeted with praise. The good news is sales and marketing appear to be no 1. on the list. Perhaps the genius that was writing the script for medium duty that featured ..."750 tractor package for towing" will be on the list.
Then again, as JB noted in a post- - high roof Transits sit for weeks because proper trailers aren't available? Give me a break, you build the product, then it sits before your dealer and his customer gets it-and Ford? When does dealer pay? when it hits his lot?- a simple problem.."Mr carrier-if you want our business you need to get some new drop frame 53' trailers-in a hurry if you want this business"
Now in defense of Hackett, if he truly is flattening the org chart, and if he truly will empower people to act, good moves-if only he was someone who truly understands the business-as in automotive business. So far IMO he hasn't proven that-unless you believe we truly want to give up driving our own vehicles-in spite of what Silicon Valley says.