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Ford job buyout has few takers

Dearborn, Mich. -- A United Auto Workers local president said few Ford Motor Co. workers have accepted the Dearborn, Mich., company's latest job buyout offer.

"They've offered it so many times, the ones that wanted them already took them," Rocky Comito told the Detroit Free Press.

The company's latest offer, announced Dec. 17, included payments of $20,000 to $50,000 and either $25,000 toward a new car or $20,000 cash.

Ford survived the year without falling into bankruptcy or taking a handout from the government, as Chrysler Group and General Motors Co. did. But it has still undertaken a massive restructuring to gear up for production of greener more fuel-efficient cars and gear down for the recession.

Since 2005, Ford has cut its workforce in half, the newspaper said.

At Ford's Dearborn Truck plant, UAW President and Chairman Nick Kottalis said only five workers had taken the latest buyout offer.

"It is very hard for an assembler with 10 years in to take a buyout," he said.

Copyright 2010 by United Press International.

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