Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Business / Technology


Our network sites seattletimes.com | Advanced

Originally published May 8, 2007 at 12:00 AM | Page modified May 8, 2007 at 2:02 AM

E-mail article     Print view

25,000 Ford workers are gone; more still to leave

Ford said 25,000 U.S. hourly workers have left the company since it offered buyouts and early retirements in September to shrink excess...

Ford said 25,000 U.S. hourly workers have left the company since it offered buyouts and early retirements in September to shrink excess capacity and cut record losses.

As many as 12,000 more may leave by the end of the year, and new offers will be made to about 1,800 Ohio workers after the company said today it will close a casting factory and suspend work at an engine plant for about a year.

Dearborn, Mich.-based Ford is cutting jobs and closing plants to match lower U.S. sales and market share after losing a record $12.6 billion last year. The casting plant is the 10th North American factory closing announced by Ford, with six more planned by 2012.

Ford said last year that 38,000 hourly workers had accepted the buyouts, and revised the figure to 37,000 in a regulatory filing earlier this year. The 25,000 accounts for actual departures as of today, said Joe Hinrichs, Ford's vice president of North American manufacturing, in a conference call with reporters. The figure changes each week, he said.

Copyright © 2007 The Seattle Times Company

More Business & Technology headlines...

E-mail article Print view      Share:    Digg     Newsvine

advertising

An 802.11n upgrade could make a big difference

Retailers opening doors on Thanksgiving Day

Google makes concessions on digital book deal

Critics want to block Comcast-NBC deal

Google submits revised book settlement

Advertising

Video

Smash Putt! Miniature Golf
Smash Putt! Miniature Golf Apocalypse in Capitol Hill offers an industrial 9-hole course, driving range and bar.

Girls Soccer: Mercer Island vs. Glacier Peak
Opening day at Crystal Mountain
Video shows violent arrest by SPD
Fort Lewis Memorial
Highlights: Ken Auletta talks about "Googled"
Seattle International Cabaret Festival
Ken Auletta talks about "Googled"
Medal of Honor
Pelosi answers questions at Swedish Medical Center

Marketplace

nwautos

2009's most fuel-efficient sedansnew
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment

Open Houses

Find this weekend's open house listings.
Or search by location:

 
Most read
Most commented
Most e-mailed
 
 
Advertising