The requested resource (/media/wgvu/header/pb/header.html) is not available
Last updated 8:51PM ET
March 5, 2021
Search NewsRoom
Search NewsRoom
go
Advanced Search
Tools
Tools
Local/State News
Local/State News
AUTO SHOW-FORD BUYOUTS
(2007-02-08)
(wgvu) - FORD'S TOP NORTH AMERICAN EXECUTIVE SAYS IT'S TOO
EARLY TO TELL HOW MANY WHITE-COLLAR WORKERS HAVE TAKEN BUYOUT OR
EARLY RETIREMENT OFFERS.
AMERICAS PRESIDENT MARK FIELDS AT THE CHICAGO AUTO SHOW SAYS
THERE ARE STILL A COUPLE OF WEEKS LEFT FOR PEOPLE TO DECIDE.
FORD HAS A GOAL OF SHEDDING ABOUT A THIRD OF ITS WHITE-COLLAR
WORK FORCE, WHICH WOULD AMOUNT TO 14-THOUSAND WORKERS.
FORD IS IN THE MIDST OF A MASSIVE RESTRUCTURING PLAN AFTER
LOSING NEARLY 13 (B) BILLION DOLLARS LAST YEAR. ABOUT 38-THOUSAND
HOURLY WORKERS HAVE AGREED TO TAKE BUYOUTS OR EARLY RETIREMENTS.
SOME OF FORD'S TOP MANAGERS ARE WORRIED ABOUT LOSING TOO MANY
TALENTED PEOPLE.
© Copyright 2021, wgvu