Ford Motor Co. ( F ) says it is offering buyout and early retirement incentives to all of its 41,000 U.S. hourly workers to further reduce its factory work force. Company spokesman Mark Truby would says Ford still has too many factory workers for its current sales levels. He would not say how many workers the company wants to leave but said Ford is working that out with the United Auto Workers union. Ford currently has about 600 blue-collar workers laid off but available for recall. Continue reading Ford offers buyout, retirement deals to 41,000 employees Ford offers buyout, retirement deals to 41,000 employees originally appeared on DailyFinance on Mon, 21 Dec 2009 15:15:00. Permalink | Tweet this! | Comments

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Ford offers buyout, retirement deals to 41,000 employees

Filed under: Investing If you’ve checked the balance on your 401(k) lately, you’re likely breathing a mini sign of relief as the Dow’s bounce back above 10,000 helps replenish some losses suffered during the recession. But as stocks remain volatile and the recession hampers retirement planning for millions, we sought advice from Christine Marcks, CEO of Prudential Retirement, the retirement arm of financial services giant Prudential Financial. In our conversation, Marcks outlines a game plan for laid off workers and describes new tools available for today’s pre-retirees. Despite what some published reports say, the 401(k) is still very relevant, Marcks adds. Continue reading CEO’s Corner: Prudential’s Christine Marcks says no need to retire the 401(k) CEO’s Corner: Prudential’s Christine Marcks says no need to retire the 401(k) originally appeared on DailyFinance on Sat, 21 Nov 2009 14:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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CEO’s Corner: Prudential’s Christine Marcks says no need to retire the 401(k)