Ford Motor Co. will begin offering its previously-disclosed buyout or early retirement packages to all 75,000 of its U.S. hourly employees starting next week. Employees represented by the United Auto Workers will have from next Monday until Nov. 27 to either choose one of eight buyout programs or stay on with the financially struggling automaker.
See "Ford to Begin Buyout Offer Next Week", Associated Press, San Francisco Chronicle, October 9, 2006