Ford is planning to cut 8,000 jobs – 26% of USA salaried workforce

COAL POWERED CARS ARE THE FUTURE AND WILL BE RAMMED DOWN YOUR GULLET
The job cuts are expected to come among Ford’s salaried ranks in a variety of operational functions, according to the people familiar. They may come in phases, but are likely to begin this summer, the people said. Ford employs about 31,000 salaried workers in the US, where the bulk of the cuts are expected.

Ford declined to comment on possible job cuts, saying that it’s focused on reshaping the organization to capitalize on the growth of electric vehicles. “As part of this, we have laid out clear targets to lower our cost structure to ensure we are lean and fully competitive with the best in the industry,” Chief Communications Officer Mark Truby said in a statement.

We are primarily funded by readers. Please subscribe and donate to support us!

www.zerohedge.com/political/ford-plans-cut-8000-jobs-help-fund-ev-endeavors

 

h/t CharlieFoxtrot

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.