Monday, June 16, 2008

buyouts and early retirement deals in other industries

Ford: More Job Cuts Needed

"...In the past three years, Ford has shed about 40,000 of its U.S. and Canadian hourly workers. Earlier this year, Ford offered buyouts and early retirement deals to its remaining hourly work force, but only 4,200 workers left, about half the number Ford hoped would take the offers. It has not been decided if the terms of the upcoming targeted buyouts would match previous offers given to hourly workers, Gattari said...."    



Source: futureoftheunion.com

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