| Ford Motor Co. will be offering buyouts
| |
| | decision."Ford has earlier publicized its
|
| or early retirement packages to its
| |
| | intention to cut approximately 30,000
|
| 75,000 hourly-paid employees. The offer
| |
| | hourly jobs and 14,000 salaried jobs by
|
| will be available to said employees
| |
| | the end of 2008. Said cut will trim down
|
| starting Oct. 16. Moreover, salaried
| |
| | Ford's total North American work force by
|
| workers are given more than one chance to
| |
| | 29 percent. From about 130,000, current
|
| accept a buyout. However, employees who
| |
| | work force, it will be reduced to about
|
| are represented by the United Auto
| |
| | 92,000.Mulloy refused to divulge the
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| Workers union must have decided before
| |
| | number of workers who are expected to
|
| Nov. 27. After said date, they can no
| |
| | take a buyout package. However, he said
|
| longer claim the option to choose either
| |
| | that the buyouts will take effect next
|
| one of eight buyout programs or stay on
| |
| | year. Ford will begin with the briefing
|
| with Ford.The programs to be offered by
| |
| | with employees on Tuesday. The briefing
|
| Ford comprise lump-sum payments of up to
| |
| | will be about their eligibility for a
|
| $140,000 as well as reimbursement of
| |
| | range of early retirement incentives.
|
| tuition besides the traditional
| |
| | Mulloy also noted, "Most people will
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| early-retirement packages. The
| |
| | start leaving after the first of the
|
| Dearborn-based automaker, which is famous
| |
| | year."Those employees who will accept
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| for its best-selling Ford F-Series pickup
| |
| | buyouts are expected to leave Ford by the
|
| parts and trucks, have started its
| |
| | end of September next year. This fact was
|
| educational workshops and career fairs.
| |
| | announced to the media by Marcey Evans,
|
| This is done to lend a hand to
| |
| | spokeswoman of the automaker.Jay Stevens
|
| blue-collar workers in weighing available
| |
| | works as a consultant for an established
|
| career options."We've put what we think
| |
| | auto parts store in the country. He has
|
| is a very generous offer on the table,"
| |
| | expertise in automotive technology and
|
| Martin Mulloy, Ford's vice president of
| |
| | has extensive knowledge on the auto parts
|
| labor relations, said Monday. "We want to
| |
| | industry. You can visit Ford F-Series
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| make sure each employee has the best
| |
| | pickup parts for more information.
|
| information available to make that
| |
| |
|
