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Ford to offer buyouts to 1,300 workers in Ill., Ky.



By AP
02 May 2008 @ 09:30 pm ET

DETROIT - Ford Motor Co. will offer buyouts to about 1,300 workers at two assembly plants in Chicago and Louisville, Ky.

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Ford spokeswoman Angie Kozleski also said Friday that buyouts will be offered at an engine plant in Cleveland.

She says the buyouts are part of the automaker's plan to adjust capacity with demand at its facilities. Ford is trying to cut labor costs during a turnaround.

The buyouts will affect about 800 workers at the Chicago plant and 500 at the Louisville factory.

All three plants will move from two shifts to one this summer. The restarting of an idled second engine plant in Cleveland will be delayed until the fourth quarter.

Kozleski says terms and dates of the buyouts are not being announced.

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