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Change to EVs Means Shift in Auto Firm Jobs

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James Farley says change is coming.

The Ford  (F) – Get Ford Motor Company Report CEO acknowledged in the course of the automaker’s second-quarter earnings name that “we completely have too many individuals in sure locations, little question about it.”

Ford lately reported stronger-than-expected earnings in its newest quarter. On the similar time, it’s getting ready to put off 8,000 salaried workers, or nearly 1 / 4 of its U.S. workforce, with the intention to lower $3 billion in operational prices by 2026, in accordance with Bloomberg News.



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