Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Ford Motor Company    F

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Ford: 1,700 workers take early retirement offer

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/16/2012 | 10:14pm CET

About 1,700 Ford Motor Co's (>> Ford Motor Company) workers accepted early retirement offers and most of them will leave the No. 2 U.S. automaker by June 1.

About 1,700 Ford Motor Co's (>> Ford Motor Company) workers accepted early retirement offers and most of them will leave the No. 2 U.S. automaker by June 1.

The buyouts were offered as part of the Ford's contract talks with the United Auto Workers last fall. Ford employs 41,000 UAW-represented workers.

Ford offered $50,000 to eligible production workers who retired by March 31, 2012. The company also offered a $100,000 bonus for skilled trade workers who retired by that date.

Ford spokeswoman Marcey Evans said Ford expects the "majority" of employees who agreed to the buyout to leave by June 1. Others who opted to take the buyout earlier this year have already started to leave.

By reducing the number of older workers on their payroll, Ford, General Motors Co (>> General Motors Company) and Chrysler Group LLC (>> Fiat SpA) is creating room to hire new workers at lower wages.

(Reporting By Deepa Seetharaman; Editing by Richard Chang)

Stocks treated in this article : Ford Motor Company, Fiat SpA, General Motors Company
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FORD MOTOR COMPANY
10:01a UK car production hit 17-year high in February
08:59a ASK SAM : How do I get updates about Takata recall?
03/22 FORD MOTOR : parmi les entreprises les plus éthiques au monde
03/22 HAGENS BERMAN : Shelby GT350 Mustang Owners File New Class Action Lawsuit Agains..
03/22 Starbucks CEO Schultz to host last shareholder meeting
03/22 FORD MOTOR : Expands Edge Lineup with Stylish New SEL Sport Appearance Package
03/22 FORD MOTOR : In Time for Prom Season, Ford Driving Skills for Life Hosts Virtual..
03/22 MARKING WORLD WATER DAY : Ford Continues its Water Leadership Goal with New Wate..
03/22 TYSON FOODS : U.S. farm heartland lobbies to steer Trump away from Mexico trade ..
03/22 FORD MOTOR : ‘Connected Car’ Guru Set For NAB Show Speech
More news
Sector news : Auto & Truck Manufacturers - NEC
10:01a UK car production hit 17-year high in February
08:54a TOYOTA INDUSTRIES : buys Vanderlande for 1.2 billion euros
07:48aDJNISSAN MOTOR : Auto Makers Long for Easier China -- WSJ
03/22DJVOLKSWAGEN : Tests Waters With First Bond Issue After Emissions Scandal
03/22 DAIMLER : Stuttgart prosecutor probes Daimler employees for potential fraud
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
03/22 Bearish Thoughts On General Motors Shares
03/17 BLACKBERRY : A Re-Branded Company Without A Re-Valued Price
03/17 Short Ford
03/16 Volkswagen To Launch 30 New All-Electric Cars - Yes, 30
03/16 Why I Bought Intel On The Mobileye Acquisition News
Advertisement
Financials ($)
Sales 2017 142 007 M
EBIT 2017 6 378 M
Net income 2017 6 605 M
Finance 2017 10 584 M
Yield 2017 6,28%
P/E ratio 2017 7,09
P/E ratio 2018 6,81
EV / Sales 2017 0,25x
EV / Sales 2018 0,33x
Capitalization 46 777 M
More Financials
Chart FORD MOTOR COMPANY
Duration : Period :
Ford Motor Company Technical Analysis Chart | F | US3453708600 | 4-Traders
Full-screen chart
Technical analysis trends FORD MOTOR COMPANY
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 13,3 $
Spread / Average Target 13%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Mark Fields President, Chief Executive Officer & Director
William Clay Ford Executive Chairman
Robert L. Shanks Chief Financial Officer & Executive Vice President
Raj Nair Chief Technical Officer
Marcy Klevorn Chief Information Officer & Group Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FORD MOTOR COMPANY-2.97%46 777
TOYOTA MOTOR CORP-10.41%180 628
DAIMLER AG-1.16%80 760
VOLKSWAGEN AG2.25%74 867
BAYERISCHE MOTOREN WER..-6.77%57 979
HONDA MOTOR CO LTD0.09%55 549
More Results