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Ford offers buyouts to all UAW workers - Reuters
17 hours ago ago from newsgee
Reuters Ford offers buyouts to all UAW workers Reuters DETROIT, Dec 21 (Reuters) - Ford Motor Co (FN) said Monday it is offering its 41000 US factory workers buyouts and early retirement offers in a bid to reduce its payroll costs as it aims to return to profit by 2011. Ford offers retirement, buyouts to factory workers Forbes Ford offers 2 buyout packages to workers Detroit Free Press Ford offers retirement, buyouts to factory workers The ...
Related contentHave You Driven a Ford Lately?
20 hours ago ago from Source Jockey
Last night, I had a little time on my hands, and I stopped by the local Ford dealer to check out a couple of their new cars. I had heard that Ford has upped the quality of their cars, and I wanted hard evidence that an American car company was about to produce something comparable to the Germans or Japanese. I was a little disappointed, perhaps due to my high expectations, but they're obviously going in the right direction. The 2010 ...
Related content2011 Ford Mustang GT to get 412hp, 5.0-liter V8
17 hours ago ago from NitroBahn
The 2010 Detroit Auto Show will surely bring some happy news for the Ford Mustang fans. It is because more details have leaked about one of the most anticipated vehicle of this years auto show- the 2011 Ford Mustang GT . As AutoWeek reports, the new Mustang will deliver 412 hp from a 5.0-liter V8 engine. The official information which was supposed to be embargoed until the 28th of this month was leaked through the social networking sites ...
Related contentFord offers buyouts to all UAW workers
12 hours ago ago from Rivet
* Ford offers buyouts to 41,000 UAW workers * Second round of buyouts offered to U.S. factory workers * Ford says has excess workers despite turnaround progress By Kevin Krolicki DETROIT, Dec 21 (Reuters) Ford Motor Co (F.N) said on Monday it is offering its 41,000 U.S. factory workers buyouts and early retirement offers in a bid to reduce its payroll costs as it aims to return to profit by 2011. The buyouts mark the second ...
Related contentFord offers retirement, buyouts to factory workers (AP)
9 hours ago ago from Self Directed Investor News
Ford Motor Co. has offered buyout or retirement incentive packages to all of its 41000 US hourly workers as it tries to further reduce its factory work Continue reading here: Ford offers retirement, buyouts to factory workers (AP)
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Ford offers buyouts to UAW workers
16 hours ago ago from CNN Money
Ford offers buyouts to UAW workers December 21, 2009: 5:19 PM ET DETROIT (Reuters) -- Ford Motor Co. said Monday it is offering its 41,000 U.S. factory workers buyouts and early retirement offers in a bid to reduce its payroll costs as it aims to return to profit by 2011. The buyouts mark the second round of such offers for Ford workers represented by the United Auto Workers union. About 1,000 workers took the automaker's earlier offer ...
Related contentREPORT: Ford offering all 41,000 UAW workers buyout packages
15 hours ago ago from Autoblog
According to Ford spokesman Mark Truby, "Despite a strengthening in our business, we still have a surplus in employees." Union employees to be specific. As such, Ford has just announced plans to reduce its unionized workforce by offering a buyout package to all 41,000 UAW members currently employed by the automaker. Reuters reports that Ford workers with at least one year of experience can take a payout of $50,000 plus a new car voucher ...
Related contentFord Offers Buyouts to Hourly Workers
9 hours ago ago from The New York Times
DETROIT (AP) The Ford Motor Company has offered buyout or retirement incentive packages to all of its 41,000 hourly workers as it tries to further reduce its factory work force. Related Times Topics: Ford Motor Company Ford , the healthiest of Detroit's three automakers and the only one to avoid government aid and bankruptcy protection, still has more workers than it needs to produce cars and trucks at current sales ...
Related contentHow Fisker's Delaware plant helps the local UAW
14 hours ago ago from AutoblogGreen
Fisker Karma - Click above for high-res image gallery When Fisker signed an agreement in late October to build the Nina project car plug-in hybrid sports car at a Wilmington, Delaware assembly plant that formerly belonged to GM, we mentioned that United Auto Workers Local 435 president was on hand, hinting that the plant would remain unionized. This is not typical for a startup auto plant, but Fisker's entry into the Diamond State was a ...
Related contentFord Offers Buyout, Retirement Deals to 41,000 Employees
18 hours ago ago from DailyFinance
Ford Motor Co. ( F ) says it is offering buyout and early retirement incentives to all of its 41,000 U.S. hourly workers to further reduce its factory work force. Company spokesman Mark Truby would says Ford still has too many factory workers for its current sales levels. He would not say how many workers the company wants to leave but said Ford is working that out with the United Auto Workers union. Ford currently has about 600 ...
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