Ford Offers Buyouts to All UAW Workers
Posted by Jim Hoft on Tuesday, December 22, 2009, 5:03 AM
Ford Motor Company offered a buyout to its 41,000 United Auto Workers yesterday after the union overwhelmingly rejected a proposed cost-cutting deal in November.
Reuters reported:
Ford Motor Co (F.N) said on Monday it is offering its 41,000 U.S. factory workers buyouts and early retirement offers in a bid to reduce its payroll costs as it aims to return to profit by 2011. The buyouts mark the second round of such offers for Ford workers represented by the United Auto Workers union this year.
About 1,000 workers took Ford’s earlier offer in July. While Ford was the only U.S. automaker to have avoided bankruptcy in the past year, its relative success has complicated efforts to win concessions from its major union. Ford workers have until late January to accept the offer, which includes payouts of up to $70,000 cash for newer hires to $60,000 cash for veterans already eligible for retirement. “Despite a strengthening in our business, we still have a surplus in employees,” said Ford spokesman Mark Truby.
…Last month, UAW workers overwhelmingly rejected a proposed cost-cutting deal for Ford that would have changed the terms of a labor contract which runs until 2011.
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Published May 23, 2012 at 11:51 pm - 59 Comments
rsb commented:
Clue me in, here. Does this mean Ford is going to a non-union workforce? Aren’t they obligated to use union workers?
OCBill commented:
What’s the motivation for the UAW to negotiate with Ford when the union knows that if Ford goes bankrupt then the Obama administration will step in and guarantee their contracts and pensions via a taxpayer bailout?
Anonymous commented:
Should’ve done it years ago, the UAW became a cancer that stretched into many parts of that organization. I am not anti union but some are bad for society.
So Cal Chick commented:
The UAW have become the greedy bastards they organized against in the first place…the UAW along with the Dems they control have completely destroyed Detroit…they have too much power…meanwhile the SEIU is causing California to implode with more of the same B.S. bloated, unsustainable pensions…
mueller commented:
Clue me in, here. Does this mean Ford is going to a non-union workforce? Aren’t they obligated to use union workers?
In a word. No. However they don’t have as diverse an manufacturing base as, say Caterpillar, who could virtually shut down every plant they have in the US and still make heavy equipment overseas.
Look for Ford to pull a Boeing soon. They will build facilities in right to work states.
Dan commented:
Aren’t they obligated to use union workers
rsb, are you serious? Only in the yankee lands are unions a force that has to be coddled and acquiesed to. No employer should be forced or obligated to hire anyone they dont want to. I for one am gonna buy FORD for this reason and the fact they did not accept government funds.
Of course I will never put anty shennagins beyond the evil that is the Obama, the one who occupies the White House.
bobdog commented:
Far as I’m concerned, Ford would be smart to move ALL their facilities to right to work states.
Personally, I see little difference between the unions and a Mob takeover.
comatus commented:
Those taxpayer bailouts of ‘failed’ pensions are not generous. Ask any Visteon retiree.
The light is beginning to come on for UAW members–entirely too late. The promises they traded their independence for were premised on everything going just right, and everything has not.
Kenny Solomon commented:
Every Ford employee living in the Detroitistan/Dearbornabad area should take the buyout and use the cash to move the hell out of there – the place is a powderkeg and the fuse is lit.
DavidD commented:
Ford should dump its entire UAW workforce and just start over with non-union workers.
Alaskan commented:
Unions should have gone away in the 70′s when they got Federal Labor Laws passed. Now Unions have predominately become an extension of the Democratic Party and the Progressive Movement.
Burns commented:
Bravo for Ford! I used to work at one of their assembly plants, helping put together Explorers, Mountaineers, and Aviators. Seeing how much the union would screw that plant over by having an overpaid but under-efficient workforce made me go from pro-union to anti-union.
For example, the UAW guys could call in every other Friday without any retribution, and every other Monday, so long as both Fridays or Mondays (or any other day) were not consecutive. So you would have these overpaid UAW guys work 4 days a week for years, and there was nothing Ford could do to stop them. So Ford had to hire even more union guys to make sure that by over-scheduling, there would be enough people to run the plant based on whoever didn’t feel like showing up.
The unions are a bloated, aging animal that needs to be put down. This isn’t the 1920′s, where if a worker loses an arm they get booted out.