Ford firing 8,000 PEOPLE for GREEN ENERGY

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Ford preparing to slash 8,000 jobs to fund EV transition
#Ford #electriccar #greenenergy

Source:
https://www.usatoday.com/story/money/cars/2022/07/21/ford-layoff-8000-ev-transition/10115251002/

Ford 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. - Jamie L. LaReau of Detroit Free Press

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