
FXHedge|Jul 02, 2025 23:36
FORD WORKERS TOLD THEIR CEO ‘NONE OF THE YOUNG PEOPLE WANT TO WORK HERE.’ SO JIM FARLEY TOOK A PAGE OUT OF THE FOUNDER’S PLAYBOOK (Fortune)
Ford CEO Jim Farley learned from older employees that some young workers at the carmaker were taking shifts at Amazon to make ends meet, he said at the Aspen Ideas Festival. Farley said he drew on founder Henry Ford’s decision to raise factory wages to 5 a day in 1914 to make temporary workers into full-time employees. Young people have previously eschewed manufacturing jobs due to low wages.
Full article:
https://www.msn.com/en-us/money/companies/ford-workers-told-their-ceo-none-of-the-young-people-want-to-work-here-so-jim-farley-took-a-page-out-of-the-founder-s-playbook/ar-AA1HHZGl?ocid=msedgntp&pc=HCTS&cvid=950f09f6ce9f43f298da326417a7a958&ei=62
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