Ford reportedly preparing to slash 8,000 jobs to help fund EV transition

  

Category:  News & Politics

Via:  magicschoolbusdropout  •  4 weeks ago  •  4 comments

By:   Jamie L. LaReau, Detroit Free Press

Ford reportedly preparing to slash 8,000 jobs to help fund EV transition
the cuts will come largely in the newly created Ford Blue unit that produces gasoline-powered vehicles, as well as "other salaried operations throughout the company."

EV, apparently, is costing regular folks thier "Jobs", so we can all be forced to be Disinfected by the "Left" !

All Hail "The God of Green and EV" !

THIS IS GREAT NEWS !

256


S E E D E D   C O N T E N T



F ord Motor Co. is getting ready to eliminate up to 8,000 jobs in the coming weeks to help fund its push into electric vehicles, according to a news report. 

Bloomberg, citing unnamed sources familiar with the plan, said Wednesday the cuts will come largely in the newly created Ford Blue unit that produces gasoline-powered vehicles, as well as "other salaried operations throughout the company." The plan has reportedly not yet been finalized, so details may change.

The news comes on the heels of  Michigan giving the automaker a $100 million tax-funded incentive package  in June as part of a plan to create new jobs in the state. The Bloomberg report does not mention how many jobs might be cut in Michigan. 


Ford CEO Jim Farley has said he plans to  slash $3 billion  in costs by 2026 and that he wants to turn Ford Blue into “the profit and cash engine for the entire enterprise.” In March, Farley restructured the automaker to create two businesses: the “Model e” unit to develop EVs and “Ford Blue” to focus on internal combustion engine vehicles such as the popular F-150 pickup, the Mustang and the Bronco SUV.

Ford CEO Jim Farley has said he plans to  slash $3 billion  in costs by 2026 and that he wants to turn Ford Blue into “the profit and cash engine for the entire enterprise.” In March, Farley restructured the automaker to create two businesses: the “Model e” unit to develop EVs and “Ford Blue” to focus on internal combustion engine vehicles such as the popular F-150 pickup, the Mustang and the Bronco SUV.

Bloomberg reported that the job cuts are expected to hit a variety of operational functions among Ford’s white-collar workforce and they may come in phases, but are likely to begin this summer. The majority of the cuts are expected to be in the U.S. where Ford employs about 31,000 salaried workers.



Article is LOCKED by author/seeder
[]
 
magicschoolbusdropout
Freshman Expert
1  seeder  magicschoolbusdropout    4 weeks ago

Ya might not have a job, but at least you can watch other people being able to enjoy themselves.

The "Joy" is in "Sacrificing" for "The Cause" !

Don't worry, Be Happy !

 
 
 
Greg Jones
Professor Guide
2  Greg Jones    4 weeks ago

Couldn't come at a worse time

 
 
 
magicschoolbusdropout
Freshman Expert
2.1  seeder  magicschoolbusdropout  replied to  Greg Jones @2    4 weeks ago
Coullddnn't come at a worse time

As Brandon Says: “Can’t do much right now, Russia is responsible.”

"Climate change is literally an existential threat to the nation and the world,"

Job loss will be considered just a SMALL casualty of "Disinfecting the Country" by the "Left" !

 
 
 
Hallux
Junior Principal
3  Hallux    4 weeks ago

Like it or not, all vehicle manufacturers are going electric. Y'all starting to sound like the farriers of olde.

 
 

Who is online





Gazoo
magicschoolbusdropout
Hallux
Tacos!
Thomas


49 visitors