Ford offering buyouts for all it's employees

*Mindz* · 12-23-2009, 02:29 AM

http://www.cbsnews.com/stories/2009/...1095-515-18-19

Quote:

AP) Ford Motor Co. 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 said 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 blue-collar workers laid off but available for recall.

The buyout offer includes $50,000 cash plus a $25,000 car voucher or $20,000 more in cash. The retirement package includes $40,000 cash for skilled trades and $20,000 for production workers.

a_Username · 12-23-2009, 02:47 AM

According to some people on GMI, Ford is doing great but it still has to do workforce cutbacks? Something just isn't right here.

meanmike · 12-23-2009, 02:59 AM

Quote:

Originally Posted by a_Username

According to some people on GMI, Ford is doing great but it still has to do workforce cutbacks? Something just isn't right here.

Seem's like they are just playing it smart. Doing great can mean different thing's.

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12-23-2009, 02:47 AM	#2
a_Username Drives: 2010 2SS Camaro Join Date: Jul 2009 Location: Murfreesboro, TN Posts: 3,890 View My Garage	According to some people on GMI, Ford is doing great but it still has to do workforce cutbacks? Something just isn't right here.