- Jun 4, 2006
Deal or No Deal: Nearly one-third of Ford's Wixom employees take the money
With nary a Howie Mandel lookalike in sight, almost one-third of Ford's workers at its Wixom Assembly Plant in Michigan have taken the company's buyout bait- comprising everything from early retirement plans to $100,000 one-time payouts. All told, 433 of 1,433 hourly employees played took up the Blue Oval on their offer, bringing Ford employee buyout totals to 2,574.
Ford's Wixom plant isn't slated for closure until the second quarter of next year, which means that a second round of buyouts could be offered.
[Source: The Detroit Free Press]