Ford Is Offering 41,000 Workers A 70,000 Buy Out Package
Ford is eliminating 41,000 UAW workers. The package according to Reuters is a lot.
Ford workers have until late January to accept the offer, which includes payouts of up to $70,000 cash for newer hires to $60,000 cash for veterans already eligible for retirement.
That’s $2,870,000,000 total compensation based on a simple calculation of 41,000 times $70,000. Nearly 3 billion dollars. I sometimes don’t understand how companies save money laying off but I suppose that they were going to pay at least this much in salaries in a year year anwyay.










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