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Ford plans to cut 8,000 jobs to focus on electric vehicles
Washington Examiner ^
| 21 July 2022
| Breanne Deppisch
Posted on 07/21/2022 12:58:00 PM PDT by NautiNurse
Ford Motor Co. is planning to cut as many as 8,000 jobs from its internal combustion engine division as it seeks to channel more funding into its electric vehicle division.
The cuts, reported by Bloomberg, follow Ford CEO Jim Farley's previously announced plans to cut $3 billion in company costs by 2026, including through employee layoffs, as well as his efforts to restructure the company radically.
To that end, Farley has separated Ford into two separate units: “Ford Blue,” which focuses on traditional, industrial combustion engine vehicles, as well as the newer “Model E” division that focuses solely on EV offerings.
Though the layoffs have not yet been finalized, they are expected to focus mostly on salaried employees within the Ford Blue division and could begin as early as this summer. The bulk of the cuts is expected to come from the United States, where Ford employs some 31,000 full-time employees.
(Excerpt) Read more at washingtonexaminer.com ...
TOPICS: Business/Economy; US: Michigan
KEYWORDS: automotive; breannedeppisch; ford; fordblue; jimfarley; jobs; labor; layoffs; michigan; modele
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Can't be a recession with a strong job market. The pink-slips are flowing at Ford. Last I heard, Ford had 53,000 vehicles awaiting chips.
To: NautiNurse
Another victory for the communists/greenies...
To: NautiNurse
I guess those EVs build themselves.
3
posted on
07/21/2022 1:02:37 PM PDT
by
ComputerGuy
(Heavily-medicated for your protection)
To: NautiNurse
It’s only a 25% reduction in employees. They can all go back to school to learn coding or open an ostrich farm.
Support Green Jobs!
4
posted on
07/21/2022 1:03:25 PM PDT
by
Tai_Chung
To: NautiNurse
Another one bites the dust.
5
posted on
07/21/2022 1:04:15 PM PDT
by
facedown
(Armed in the Heartland)
To: NautiNurse
The bulk of the cuts is expected to come from the United States, where Ford employs some 31,000 full-time employees.Mexicans can breath a sigh of relief.
6
posted on
07/21/2022 1:04:37 PM PDT
by
Pollard
(If there's a question mark in the headline, the answer should always be No.)
To: NautiNurse
7
posted on
07/21/2022 1:05:05 PM PDT
by
heavy metal
(smiling improves your face value and makes people wonder what the hell you're up to... 😁)
To: NautiNurse
I suppose I will have to buy the last F150 off of the assembly line with a gas engine.
To: Tai_Chung
The RIF’d folks can make chips for EVs with our tax dollars.
9
posted on
07/21/2022 1:06:29 PM PDT
by
NautiNurse
(Who will portray Alec Baldwin in the SNL skit? )
To: NautiNurse
EVs do not need as many parts nor assemblers...................
10
posted on
07/21/2022 1:07:07 PM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: heavy metal
I see what you did there.
11
posted on
07/21/2022 1:07:31 PM PDT
by
NautiNurse
(Who will portray Alec Baldwin in the SNL skit? )
To: NautiNurse
A bunch of new “Mr. Moms”
12
posted on
07/21/2022 1:07:38 PM PDT
by
dfwgator
(Endut! Hoch Hech!)
To: NautiNurse
Not going to work with no infrastructure to charge them.
13
posted on
07/21/2022 1:08:39 PM PDT
by
SkyDancer
( I make airplanes fly, what's your super power?)
To: SkyDancer
That pic sums it up nicely.
14
posted on
07/21/2022 1:11:37 PM PDT
by
NautiNurse
(Who will portray Alec Baldwin in the SNL skit? )
To: NautiNurse
Sorry, union Brothers.
You are obsolete.
Now go out there and vote Democrat again.
15
posted on
07/21/2022 1:12:27 PM PDT
by
seowulf
(Civilization begins with order, grows with liberty, and dies with chaos...Will Durant)
To: NautiNurse
People will be bringing gas powered electric generators in their car like a spare tire.
16
posted on
07/21/2022 1:13:50 PM PDT
by
SkyDancer
( I make airplanes fly, what's your super power?)
To: NautiNurse
Cutting jobs at the front end of a big project is not a show of confidence.
17
posted on
07/21/2022 1:15:08 PM PDT
by
lurk
(u)
To: SkyDancer
That’s a pretty small generator.
To: NautiNurse
For all those 135 who are pounding fists for an E.
Deflection
19
posted on
07/21/2022 1:15:46 PM PDT
by
Varsity Flight
( "War by the prophesies set before you." I Timothy 1:18)
To: NautiNurse
My brother in law was an engineer at Ford for about 35 years. His job was eliminated a couple months ago.
20
posted on
07/21/2022 1:24:55 PM PDT
by
cyclotic
(Follow 1776Restorationmovent.com fighting for our Constitution. @1776RM on Truth)
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