Tag: Ford F150 Lightning

Ford Cuts Jobs To Fund EV Investment
Funding, Mobility Tech

Ford Cuts Jobs To Fund EV Investment

In an unusual move, Ford Motor Co. is planning to cut up to 8,000 jobs in the next few weeks in order to boost profits to fund the push into electric vehicles. According to Crain’s Detroit Business, the job cuts come in the newly formed Ford Blue unit that produces internal combustion engine vehicles and other salaried jobs throughout Ford. This is according to insiders, and plans have not been finalized and could still change.

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