Thousands Take Ford Buyout

By: Associated Press
By: Associated Press

About 27,000 U.S. hourly workers have left Ford Motor Co. under buyout or early retirement offers, the automaker said Thursday.

Ford offered the packages last year in an effort to reduce its work force to match reduced demand for its cars and trucks.

Initially about 37,000 workers signed up for the offers, but not all have left the company, it said. Ford has until September to phase in the departures as it closes plants under a restructuring plan.


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