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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