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Mass Exodus: Half of Ford workers take buyout (35,000 employees)
Various | 11/29/2006 | Various

Posted on 11/28/2006 11:33:13 PM PST by Azzurri

Can not link to the Detroit papers here, but this is just breaking. See the Detroit News or Free Press for information. No link on any national websites that I can find yet.


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: autoindustry; autos; buyout; detroit; ford; union
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To: Azzurri

Bump for reference. Where are those 35K workers going to go? Please stay up north.


21 posted on 11/29/2006 3:23:54 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Southack
The company will have to hire part-time and temporary workers ... Those workers will receive a starting wage of $18.50 an hour and no benefits.

Ok, the starting wage is good. But is Ford going to get trashed like Wal-Mart for hiring part time workers and giving them no benefits? Someone tell Edwards about this. He'll jump right on it

22 posted on 11/29/2006 3:31:10 AM PST by barker ( A smile is a curved line that sets things straight.)
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To: barker

To people like myself who don't need the benefits, that starting salary is a gold mine. If I hear of any openings that will fit my schedule I'm jumping at it.


23 posted on 11/29/2006 3:32:54 AM PST by ShadowDancer (No autopsy, no foul.)
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To: ShadowDancer

Actually, I would too.


24 posted on 11/29/2006 3:48:29 AM PST by barker ( A smile is a curved line that sets things straight.)
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To: Southack
Ford says the average wage for permanent hourly employees is $31.64 an hour. ...

Shoot, that's more than I make as a Ford engineering contractor.

The good news is that I was hired even after they put a freeze on new hires, since there was a whole bunch of work that had piled up since my predecessor departed.

25 posted on 11/29/2006 3:54:09 AM PST by Alouette (Psalms of the Day: 44-48)
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To: Spktyr

And the result will be lower car prices?


26 posted on 11/29/2006 3:54:22 AM PST by tiger-one (The night has a thousand eyes)
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To: tiger-one

In theory. First they'll have to pay down their debt.


27 posted on 11/29/2006 3:57:13 AM PST by listenhillary (You can lead a man to reason, but you can't make him think)
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To: cherry

I certainly don't know the inside story of ford's impending demise, but one can guess. This is the company that made the edsel, remember? In the early 1950s they woke up and realized : HEY, we're making our cars TOO GOOD, they never wear out. The 1952+/- models just ran, and ran...and RAN. So in 1955 they came out with cars that fell apart after 3 years, thinking they had the public by the gonads. Then the japanese said : opportunity smiles, now foreign made cars are some 40% of the US market.....My dad always said : if it's a ford, it's a buckboard. No matter what they designed/built/called it, it was ALWAYS a bumpy buckboard. So old Henry put together horseless carriages with mass production as an successful innovation but that was about it, its been a reactionary, bunker mentality in the board room ever since. And so it goes with dinosaurs....the UAW and its greed is part of the problem but what you're seeing is evolution-in-action : the survival of the fittest...


28 posted on 11/29/2006 4:09:56 AM PST by timer
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To: Azzurri

It'll be interesting to see how many are willing to give up their retirement bennies for more cash.


29 posted on 11/29/2006 4:12:00 AM PST by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: timer
FORD

Fix Or Repair Daily

I always bought Fords up to 1975.  After that, their quality took a steep leap off a cliff.

30 posted on 11/29/2006 4:33:07 AM PST by DH (The government writes no bill that does not line the pockets of special interests.)
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To: barker
Someone tell Edwards about this. He'll jump right on it.

He'll probably send one of his aides up to Dearborn to pick up a Mustang for his kid....

31 posted on 11/29/2006 4:45:13 AM PST by meyer (Bring back the Contract with America and you'll bring back the Republican majority.)
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To: DH

I've owned quite a few Ford's (last three being Taurus, Taurus and Crown Vic) and I don't have any complaints about them.


32 posted on 11/29/2006 4:46:49 AM PST by ShadowDancer (No autopsy, no foul.)
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To: ShadowDancer
I've owned quite a few Ford's (last three being Taurus, Taurus and Crown Vic) and I don't have any complaints about them.

Then, why did you get rid of them?  I still have the vehicles that I purchased 9 and 12 years ago.  No need to get rid of them since they were paid for long ago.

33 posted on 11/29/2006 5:28:56 AM PST by DH (The government writes no bill that does not line the pockets of special interests.)
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To: staytrue

That may be the perception... facts are they are significantly more reliable than GMs....

The Fusion and Milan actually beat the Accord and Camry for reliability, according to Consumer Reports.


34 posted on 11/29/2006 5:52:31 AM PST by eraser2005
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To: DH

The Crown Vic was an '82, the first Taurus was an '88 and I'm still driving the second one, a '96.


35 posted on 11/29/2006 5:53:41 AM PST by ShadowDancer (No autopsy, no foul.)
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To: Caipirabob
No dedication other than the paycheck and retirement benefits. They're both good workers but are surrounded by incompetent co-workers that make the same wage.

They will readily admit that it would take little time to train someone with minor computer ability to do most of their job. Like I said, "What a Union."
36 posted on 11/29/2006 5:55:35 AM PST by liberty or death
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To: Caipirabob

"Just curious. The demand of the position may be worth the money."

A fact often missed. $31 an hour for a janitor may be obscene. But that same wage for a highly skilled machinist can easily be justified.


37 posted on 11/29/2006 5:56:07 AM PST by eraser2005
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To: MeneMeneTekelUpharsin
Where are those 35K workers going to go? Please stay up north.

LOL

38 posted on 11/29/2006 6:00:47 AM PST by ladyjane
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To: DH

I've still got my 10 year old Taurus. Runs perfectly well, and I have NEVER needed a major repair. Wish my 9 year old Camry was as good.


39 posted on 11/29/2006 6:02:02 AM PST by eraser2005
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To: MeneMeneTekelUpharsin
Many will be moving south and southwest.

Better weather and job opportunities.
40 posted on 11/29/2006 6:02:46 AM PST by JRochelle (Duncan Hunter 2008!)
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