Ford has offered its 41,000 US hourly workers incentives to quit in a bid to reduce its factory costs.
The company has more workers than it needs to produce cars at current sales levels, and is offering staff with at least one year's service $50,000 (£31,167) cash and either a $25,000 voucher to buy a Ford vehicle or $20,000 extra cash.
Retirement-eligible workers can take the buyout but must wait up to 18 months before retiring.
The retirement package includes $40,000 for skilled and $20,000 for non-skilled employees.
Workers have until 22 January to accept the offer.