DETROIT (Reuters) - Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) manufacturing chief Joe Hinrichs on Tuesday said the automaker does not expect to hire new entry-level, lower wage, hourly workers until mid-2009.
Hinrichs also said Ford intends to release all the hourly workers who have accepted buyout offers by the end of the year. Ford is offering plant-by-plant buyouts to hourly workers. The company has not said how many total employees it would like to trim through the buyout offers.
Ford previously had made companywide buyout offers to trim thousands of blue-collar jobs in North America. It has cut its U.S. hourly work force by about 40,000 over the past three years to roughly 54,000.
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