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 CEST

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
09:30p FORD MOTOR : 2017 Ford Freedom Award Presents More Than $20,000 in Scholarships,..
09:24p GM is accused in lawsuit of cheating on diesel truck emissions
09:23p GM is accused in lawsuit of cheating on diesel truck emissions
09:05p FORD MOTOR : set to cut workers in North America, Asia
06:03p Hawaii sues Ford, Nissan and Toyota for using dangerous airbags
04:28pDJFORD MOTOR : Announces More Management Changes--Update
04:26p FORD MOTOR : DESCRIPTION Ford Announces Global Leadership Team Appointments
03:56pDJFORD MOTOR : Announces More Management Changes
03:41p FORD MOTOR : Raj Nair
03:41p FORD MOTOR : Hau Thai-Tang
More news
Sector news : Auto & Truck Manufacturers - NEC
09:24p GM is accused in lawsuit of cheating on diesel truck emissions
09:23p GM is accused in lawsuit of cheating on diesel truck emissions
09:03pDJGENERAL MOTORS : GM Sued by Diesel Truck Owners Over Emissions -- 2nd Update
07:23pDJGENERAL MOTORS : GM Sued by Diesel Truck Owners Over Emissions -- Update
07:14pDJGENERAL MOTORS : GM Sued by Diesel Truck Owners Over Emissions
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
12:41p Dividend Investing Is NOT Rocket Science (Part 2)
06:55a WALL STREET BREAKFAST : Key OPEC Meeting On Output Cuts
02:05a Fields may walk away with $57.5M
05/24 Ford - Revving In Neutral
05/24 Moody's cautious on Ford after CEO switch
Advertisement
Financials ($)
Sales 2017 142 694 M
EBIT 2017 5 570 M
Net income 2017 6 219 M
Finance 2017 12 624 M
Yield 2017 6,46%
P/E ratio 2017 6,97
P/E ratio 2018 6,45
EV / Sales 2017 0,22x
EV / Sales 2018 0,32x
Capitalization 43 643 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
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 12,9 $
Spread / Average Target 18%
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 & EVP-Product Development
Marcy Klevorn Chief Information Officer & Group Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FORD MOTOR COMPANY-9.65%44 200
TOYOTA MOTOR CORP-12.97%176 270
DAIMLER AG-6.53%81 488
VOLKSWAGEN AG3.86%79 500
BAYERISCHE MOTOREN WER..-3.36%62 770
HONDA MOTOR CO LTD-9.24%50 339
More Results