Ford Motor Co. says it expects 10,000 to 11,000 United Auto Workers union-represented employees to accept early retirement offers and buyouts by year’s end. As of June 1, 4,900 workers had accepted buyouts, says a Ford spokeswoman, adding the number includes employees of Automotive Components Holdings LLC, a Ford-managed business entity composed of former Visteon Corp. facilities. The offer is being rolled out on a plant-by-plant basis, the spokeswoman tells Ward’s. “It’s (buyouts) being ...
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