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According to Ford spokesman Mark Truby, "Despite a strengthening in our business, we still have a surplus in employees." Union employees to be specific. As such, Ford has just announced plans to reduce its unionized workforce by offering a buyout package to all 41,000 UAW members currently employed by the automaker.

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As Ford works to restructure itself with the goal of becoming more competitive in the marketplace, the automaker has announced that 38,000 UAW-represented hourly workers have accepted buyout packages so far. Roughly 30,000 of those came through the recent open enrollment period, when a variety of packages were offered to employees based on their employment circumstances. Retirement-eligible employees were offered traditional packages, for example, while employes with shorter tenure were presente

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