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Ford gives workers more time to consider buyouts

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05.23.2009

Baack

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Ford gives workers more time to consider buyouts

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NEW YORK – Ford Motor Co. said Friday it is giving its hourly workers five more weeks to decide whether they want to accept the company's buyout and early retirement offers.
The original deadline was Friday, but Ford spokeswoman Angie Kozleski said the company is extending the date to June 26.
"We extended the deadline so that we could allow our employees a little more time to consider the buyout packages considering the difficult economic environment that we are in," she said.
Kozleski wouldn't say how many of Ford's 42,000 hourly workers have accepted the offers so far, but the extension could be an indication that the company hasn't gotten as many takers as it would like.

http://news.yahoo.com/s/ap/20090523/...s_ford_buyouts

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