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DEARBORN, Mich. (AP) — Ford Motor Co. is going through another round of white-collar job cuts as the company continues to reduce costs amid a transition to electric vehicles.
Get latest articles and stories on World at LatestLY. Ford Motor Co. is going through another round of white-collar job cuts as the company continues to reduce costs amid a transition to electric vehicles. World News | Ford Cutting Several Hundred White-collar Jobs to Reduce Cost Amid Transition to Electric Vehicles.
DEARBORN, Mich. — Ford Motor Co. is going through another round of white-collar job cuts as the company continues to reduce costs amid a transition to electric vehicles. The company confirmed Tuesday that it was starting to notify several hundred engineers and other salaried employees that their jobs are being
The company has reorganized itself into three business units, Ford Model e for electric vehicles, Ford Blue for vehicles with combustion engines and Ford Pro for commercial vehicles. Ford's electric vehicle business has lost USD 3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. But its commercial and combustion units are highly profitable.
DEARBORN, Michigan: Ford Motor Co. is going through another round of white collar job cuts as the company continues to reduce costs amid a transition...