Ford expands plan for worker buyouts

? Ford Motor Co. plans to expand buyout and early retirement offers to the company’s entire U.S. hourly work force of 75,000 as part of a broader restructuring plan aimed at restoring the troubled No. 2 automaker to profitability.

One day before Ford was to detail the huge restructuring plan, the move was announced Thursday afternoon by the United Auto Workers union. Ford hasn’t said how many workers it hopes will take the offers, but it previously announced plans to cut up to 30,000 hourly jobs by 2012.

The announcement came just after Ford’s board of directors, including new Chief Executive Officer Alan Mulally, wrapped up a two-day meeting to approve the restructuring plan designed to cut costs in light of slumping sales.

But the UAW statement only fueled anxiety in Ford plants and offices across North America as workers braced for the announcement of further cuts scheduled for this morning.

Ford had about 82,000 workers represented by the UAW at the end of last year, but about 6,500 have taken previous buyout and early retirement offers made mainly at plants already slated for closure, company spokeswoman Marcey Evans said Thursday.

Ford has been battered by the auto market’s shift from trucks and sport utility vehicles to more fuel-efficient cars and crossovers. Its market share and sales have dropped while its Japanese competitors have gained.