Ford aims to cut union work force through buyouts; as financial crisis deepens, a senior executive departs; another big blow to UAW

Article Abstract:

In an attempt to avert a financial crisis, Ford Motor Co. will offer buyouts to all of its 75,000 workers in North America. Anne Stevens, the top female executive at Ford, has resigned, along with other senior executives. United Auto Workers could lose up to 50,000 members due to buyouts by Ford and General Motors.

United States, Executive changes & profiles, Motor Vehicles and Equipment, Labor organizations, Labor Unions, Labor Unions and Similar Labor Organizations, Officials and employees, Membership, Appointments, resignations and dismissals, Ford Motor Co., Transportation equipment industry, F, United Automobile Workers, Labour unions, Automotive industry, Stevens, Anne

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Daimler's CEO targets corporate culture in broad revamp

Article Abstract:

DaimlerChrysler AG of Germany is planning a reorganization that cuts 6,000 administrative jobs and downsizes the Supervisory Board. Savings of 1.5 billion Euros ($1.8 billion) are forecast. The new Chief Executive Officer Dieter Zetsche is also reforming corporate culture to discourage internal rivalries.

Motor vehicles and car bodies, Germany, Management dynamics, Management, Automobile industry, Corporate culture, Company Profile, Company business management, Zetsche, Dieter, Daimler AG

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