Assembly Breaking News / Automotive Assembly

Ford Workers Take Early Retirement

DETROIT—About 1,700 Ford factory workers have decided to take early retirement offers and will leave the company by June 1. The automaker will bring back about 250 laid-off employees and hire some replacements at lower wages. MORE

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Paula Olsen
March 24, 2012
Every automaker company has to be responsible for the retirement plan which every employee is entitle to have. Just like Ford the American side of Honda Motor Co. is being forced into belt-tightening mode as profit margins for its Japanese parent have fallen onto the wrong side of acceptability.The American side of Honda Motor Co. is being forced into belt-tightening mode as profit margins for its Japanese parent have fallen onto the wrong side of acceptability.

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