Ford Announces It Is Laying Off a Large Batch of American Workers as Part of Electric Vehicle Transition
About 3,000 white-collar workers at Ford Motor Co. will lose their jobs as the company cuts costs to help make the long transition from internal combustion vehicles to electric vehicles.
Leaders of the Dearborn, Michigan, automaker made the announcement Monday in a company-wide email, saying that 2,000 full-time salaried workers would be let go along with another 1,000 contract workers.
The cuts represent about 6 percent of the 31,000 full-time salaried workforce in the the U.S.https://www.westernjournal.com/ap-ford-announces-laying-off-large-batch-american-workers-part-electric-vehicle-transition/?utm_source=Email&utm_medium=conservative-brief-WJ&utm_campaign=dailypm&utm_content=western-journal&ats_es=b33d9b1d440c3ce42c9c79bc56940893 and Canada.
The job losses come at a time of unprecedented change in the auto industry that for more than 100 years has made a living by selling petroleum-powered vehicles. Governments across the globe are pushing to eliminate combustion automobiles to mitigate the impact of climate change. Companies like Ford are orchestrating the wind-down of their combustion businesses over multiple years, even though they are still generating the cash to fund electric vehicle development.
Ford has said it plans for half of its global production to be electric vehicles by 2030.
Executive Chairman Bill Ford and CEO Jim Farley said in the email to employees that Ford will provide severance benefits and significant help for the workers to find new jobs.
https://www.westernjournal.com/ap-ford-announ...bc56940893
About 3,000 white-collar workers at Ford Motor Co. will lose their jobs as the company cuts costs to help make the long transition from internal combustion vehicles to electric vehicles.
Leaders of the Dearborn, Michigan, automaker made the announcement Monday in a company-wide email, saying that 2,000 full-time salaried workers would be let go along with another 1,000 contract workers.
The cuts represent about 6 percent of the 31,000 full-time salaried workforce in the the U.S.https://www.westernjournal.com/ap-ford-announces-laying-off-large-batch-american-workers-part-electric-vehicle-transition/?utm_source=Email&utm_medium=conservative-brief-WJ&utm_campaign=dailypm&utm_content=western-journal&ats_es=b33d9b1d440c3ce42c9c79bc56940893 and Canada.
The job losses come at a time of unprecedented change in the auto industry that for more than 100 years has made a living by selling petroleum-powered vehicles. Governments across the globe are pushing to eliminate combustion automobiles to mitigate the impact of climate change. Companies like Ford are orchestrating the wind-down of their combustion businesses over multiple years, even though they are still generating the cash to fund electric vehicle development.
Ford has said it plans for half of its global production to be electric vehicles by 2030.
Executive Chairman Bill Ford and CEO Jim Farley said in the email to employees that Ford will provide severance benefits and significant help for the workers to find new jobs.
https://www.westernjournal.com/ap-ford-announ...bc56940893
