Ford Said to Discuss Adding 10,000 Jobs

Discussion in 'Wall St. News' started by ASusilovic, Sep 28, 2011.

  1. Ford Motor Co. (F) is discussing adding as many as 10,000 jobs in the U.S. in negotiations with the United Auto Workers union on a new four-year contract, according to three people familiar with the talks.

    The job-creation discussion is part of high-level negotiations between Ford and UAW President Bob King over wages, benefits, and employment gains in the new contract and is still subject to change, said the people, who asked not to be identified revealing internal deliberations. As many as 4,000 of those jobs may come from Ford shifting production of the Fusion midsize sedan to the U.S. from Mexico, one of the people said.

    The UAW may reach an agreement this week on a contract covering Ford’s 41,000 workers, Joel Goddard, co-chairman of the union’s bargaining committee said in a recorded message Sept. 26. Ford, which earned $4.95 billion in the first half of the year, is seeking to lower labor costs in the new contract. New hires are paid about half as much as senior workers.

  2. Ford is to start manufacturing the Fusion in America now? Wow... that's GREAT news. This might just be the key to making that car just as good as the made-in-America Toyota Camry and the equally American-made Honda Accord.