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300 @ Ford take Buyout
About 300 UAW workers took latest Ford buyout
Posted on Monday, February 1st, 2010 at 2:36 PM EST.(Employee News)
About 300 United Auto Workers union members accepted Ford Motor Co’s latest round of buyout offers that ended last week, the automaker’s president of the Americas said on Friday, Reuters reported.
Ford, which posted its first full-year profit in four years in 2009, may soon be able to begin hiring workers at a second-tier wage, but first will offer any open positions to laid off workers, President of the Americas Mark Fields said, according to the news service. “We first are going to offer jobs to folks who are indefinitely laid off and it may lead to us hiring new people into the organization, but it’s still too early in the process,” Fields said, the news service reported.
Ford spokeswoman Marcey Evans said the 300 buyouts were within the automaker’s expectations and would help reduce the roughly 600 workers on indefinite layoff, the report said. Because of efficiencies, the reduction won’t be a full 300, she said. (Reuters)
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