Ford to roll out voluntary redundancy in Brazil

Newswire

SAO PAULO, March 27 (Reuters) - Ford Motor Co said on Friday it would initiate a voluntary redundancy program in its three industrial facilities in Brazil to cope with a slump in global demand amid the downturn in credit markets. The program would take place in factories in Sao Bernardo do Campo and Taubate in the state of Sao Paulo and in Camacari, in Bahia state, said Ford, Brazil's fourth-biggest automaker. The company said it had no target for the amount of workers to be laid off. ...

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