Monday, May 25, 2009

Ford Extends Deadline for Worker Buyouts

Ford Motor Co. is extending the deadline by five weeks for its hourly workers to accept a job-buyout package amid heightened speculation over a possible bankruptcy filing by General Motors Corp. as early as next week.

The packages were handed out to almost all of Ford's 42,000 hourly workers starting April 1. The original deadline was Friday. Among those not ...

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