Ford is planning to offer buyouts to any of its UAW workers who will take the deals, reports financial news service Bloomberg. The step would reverse Ford’s strategy of targeted offers to specific plants. GM offered buyouts earlier this year to all of its employees, and 34,000 people accepted, enabling GM to cut a staggering third of its workforce. It appears Ford is hoping to recreate some of GM’s success in order to significantly reduce costs and get back on a path to profitability.
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