Ford says 38,000 union workers accept buyouts

Newswire

DETROIT, Nov 29 (Reuters) - Ford Motor Co. on Wednesday said about 38,000 of its union workers have accepted its buyout offers, part of a broad restructuring effort at the second-largest U.S. automaker. Ford said hourly employees who accepted the buyouts during the recent enrollment period will begin to leave the company in January 2007. All separations will be complete by September 2007, Ford said in a statement. Ford began the year with about 83,000 United Auto Workers union employees.

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