Ford Motor Company has announced a new policy requiring most of its salaried employees to work in the office four days a week, starting September 1. This move aims to improve collaboration and accelerate the automaker's transformation towards a more growth-oriented and dynamic company. The announcement comes amid a broader conversation about remote work flexibility post-COVID-19, with Ford competing with other businesses like JPMorgan and Amazon that have mandated in-office attendance. Furthermore, the company previously reduced bonuses for middle management to enhance performance during a competitive shift towards electric vehicles.
"We believe working together in person on a day-to-day basis will help accelerate Ford's transformation into a higher growth, higher margin, less cyclical and more dynamic company."
"The policy affects the majority of its global salaried workforce, but declined to provide a specific number."
"Some businesses, such as JPMorgan and Amazon, have mandated that hybrid workers return five days a week."
"Ford in February slashed stock bonuses for many of its middle managers, in what the company said was a move to incentivize improved performance."
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