Ford Motor Company will lay off approximately 3,000 workers to cut costs while transitioning to electric vehicles.
Ford Motor Company will lay off approximately 3,000 workers to cut costs while transitioning to electric vehicles, theThe company’s internal email to employees said it would begin notifying the affected salaried and agency workers in the next few days, according to the newspaper which reviewed the email.
article, Chief Executive Jim Farley said Ford had too many employees “and that the existing workforce doesn’t have the expertise needed to transition to a portfolio of electric, software-laden vehicles.”the starting prices of its electric F-150 Lightning truck by over $8,000 because of material costs rising and additional factors.
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Ford to appeal $1.7 billion verdict in Georgia truck crashFord Motor Co. plans to appeal a $1.7 billion verdict against the automaker after a pickup truck crash that claimed the lives of a Georgia couple, a company representative said Sunday.
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Ford to appeal $1.7 billion verdict in Georgia truck crash caseFord Motor Co. plans to appeal a $1.7 billion verdict against the automaker after a pickup truck crash that claimed the lives of a Georgia couple, a company representative said Sunday.
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Ford to appeal $1.7 billion verdict in Georgia truck crash caseFord Motor Co. plans to appeal a $1.7 billion verdict against the automaker after a pickup truck crash that claimed the lives of a Georgia couple, a company representative said Sunday.
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Ford to appeal $1.7 billion verdict in Georgia truck crash caseFord Motor Co. plans to appeal a $1.7 billion verdict against the automaker after a pickup truck crash that claimed the lives of a Georgia couple, a company representative said Sunday.
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Ford will cut 3,000 white-collar jobs to lower costsFord Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition from internal combustion to electric vehicles.
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Ford cutting 3,000 white-collar jobs in bid to lower costsThe cuts will come across the company in the U.S., Canada and India.
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