Ford misses some buyout goals

by Graphic Knight | February 21, 2007 at 05:47 am
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Some Ford Motor Co. salaried employees will be getting pink slips after the company failed to meet its voluntary buyout targets in some departments, two people familiar with the situation said Tuesday.

Each Ford department in the United States was given a headcount reduction goal in an effort to eliminate 10,000 white-collar jobs by 2008. Some met their goals. One or two departments had too many workers sign up and were forced to rescind some buyout offers. But other departments failed to convince enough employees to leave voluntarily.

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