As Ford works to restructure itself with the goal of becoming more competitive in the marketplace, the automaker has announced that 38,000 UAW-represented hourly workers have accepted buyout ...

Overtime' to discuss Ford earnings, impact of Mexico and Canada's tariffs and cost reduction plans.

Union employees to be specific. As such, Ford has just announced plans to reduce its unionized workforce by offering a buyout package to all 41,000 UAW members currently employed by the automaker.

Ford would be paid for half of those months. With 12 months remaining on his contract with a monthly salary listed at $30,416, it appears a potential buyout would be around $182,496. Once Proud ...

The White House expects the number of federal employees who accept the buyout offer to grow rapidly in the leadup to Thursday's deadline.