Ford has said it expects up to 11,000 unionised hourly workers to accept early retirement and buy-out offers by the end of the year, according to Reuters.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Up until June 1st, 4,900 workers had accepted buy-outs. This figure includes workers at Automotive Components Holdings, the Ford-owned umbrella organisation that is looking after 17 former Visteon companies that were returned to Ford as part of Visteon’s restructuring last year.


Reuters said that the number of workers who accept buy-outs is a closely watched indicator of the success of Ford’s turnaround and cost-cutting efforts.


Buy-out packages include a US$100,000 severance payment.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now