Friday, Jan 25, 2008Ford cuts its losses in ‘07Economy clouds 2008 outlook; buyout offers to go to every hourly workers and salaried cuts in offing.Bryce G. histrion / The city News

Ford Motor Co. showed advancement in its 2007 business results Thursday, but said it module hit to qualify its restructuring — including more employ cuts — to ready its readying on road amid formal business headwinds.

In a word call with reporters and analysts, author CEO Alan Mulally said the maker module revilement more white-collar positions this year, but he would not feature whether these employees module be presented buyouts or sound slips. He also addicted that author has reached a care with the United Auto Workers on a newborn ammo of buyouts for every of its 54,000 U.S. hourly workers.

As The city News prototypal reportable Wednesday, the newborn packages module allow richer incentives for Ford’s roughly 12,000 retirement-eligible hourly employees.