UPDATE 2-Ford says 38,000 workers accept buyouts

Newswire

(Recasts, adds details on cash outflow, analyst comment and updates stock price) By Poornima Gupta DETROIT, Nov 29 (Reuters) - Ford Motor Co. on Wednesday said a total of 38,000 employees -- almost half of its U.S. factory workforce -- had accepted buyout offers to leave the company, but sees a cash drain of about $17 billion from 2007 to 2009. Also, Ford expects a deterioration in overall results next year because of decreased earnings at its finance arm and increased interest costs ...

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