More Buyout Offers On The Way To Dearborn Workers

Ford is set to offer more buyouts to it’s workers, this time at it’s Dearborn Truck Plant as it tries to stay afloat, battling high gas prices and stiff competition from Foreign Automakers. The buyout is set to be offered to employees by next week. Workers will have a 90-day window to make up their mind, with a deadline of Oct. 31. That is longer than the normal 30-day window workers have had in the recent past.

2009 Ford F-150

Ford already has slashed about 40,000 hourly jobs and 12,000 salaried jobs since 2005 through a variety of voluntary buyout offers and involuntary job actions.

Ford has been left with more than 190,000 F-Series trucks in inventory at the end of last month.

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