Labor & Economic News Blog
Thursday, September 14, 2006
Ford, UAW reach deal on buyouts
Ford, UAW reach deal on buyoutsMore than 75,000 workers will be offered packages in cost-cutting effortFord Motor Co. will offer buyout and early retirement plans to all of its hourly U.S. employees -- more than 75,000 of them -- as part of a broad restructuring plan aimed at cutting costs in light of slumping sales.
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