Around 1,700 of Ford’s U.S. factory workers accepted buyouts

Article by Christian A., on March 19, 2012

Ford Motor Co.’s buyout offers, which were meant to reduce its ranks of skilled trades and production workers, had ended on March 9. Ford now announces that by June 1, around 1,700 of its U.S. factory workers will leave as they have chosen to accept the early retirement offers. Ford spokeswoman Marcey Evans said that from this figure, 920 are skilled-trades workers while the rest are production workers.

According to Ford's new labor contract with the UAW, those who agreed to retire would receive lump-sum payments of $100,000 to skilled-trades workers and $50,000 to production workers. Evans explained that these buyouts will allow the return of laid-off workers in certain areas.

In addition, Ford will be hiring replacement workers at lower wages as necessary. For many years, Ford has been hoping that its skilled-trades job classifications would be consolidated. Evans clarifies though that the buyout wasn’t aimed at any one group and that it was “strictly voluntary.” It also didn’t aim for a specific target. Evans asserted that not all of the retiring workers will be replaced.

Rather, the company will add around 5,500 workers to help cope with the rising demand in the U.S. She divulged that 1,200 jobs will be added at the Michigan Assembly Plant located in Wayne, Mich., and the Chicago Assembly Plant. One shift will be added for each plant. Ford is adding a second shift at its Louisville Assembly Plant for 1,800 more jobs. And in the second half of 2012, a third shift (and 1,300 jobs more) will start. By the end of the year, all the three plants in Illinois, Michigan and Kentucky will have three shifts.

Topics: ford

If you liked the article, share on:

Comments

Recommended

Polestar is notably known to be Volvo's internal performance specialists, and around last year Polestar revealed to the public that it will utilize electrification to further advance the power of...
by - June 26, 2017
Earlier this month, Porsche introduced to us the 911 Turbo S Exclusive Series. The car wore a Golden Yellow Metallic paint. The same time it was launched, the company said...
by - June 26, 2017
Last month, the Lamborghini Centenario made its way to the Transformers: The Last Knight premiere where it got the attention of many. Following that event, three Lamborghini Centenario coupes landed...
by - June 26, 2017
The Holy Trinity of hypercars may not be accessible anymore after being discontinued, but that doesn’t mean we won’t see any more hypercars in the future. What we know is...
by - June 26, 2017
Kia is taking things a step further with the new Kia Stinger, which they first introduced at the 2017 Detroit Auto Show. With the specs given to us by the...
by - June 25, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries