27,000 hourly workers have taken Ford buyouts

About 27,000 U.S. hourly workers have left Ford Motor (F) under buyout or early retirement offers, the automaker said Thursday.
Ford offered the packages last year to reduce its workforce to match lower 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, and some of the workers could change their minds and stay with the company.

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- Posted: 2007-06-15 09:03:21

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