Ford's (F) plan to offer pension buyouts to former workers could start as early as August,...

|About: Ford Motor Company (F)|By:, SA News Editor

Ford's (F) plan to offer pension buyouts to former workers could start as early as August, according to a company exec. The first wave of offers will be sent 12K to 15K workers, selected by random. Meanwhile, a GM spokesman confirms that the automaker is considering its own pension buyout initiative.