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| Economy |
| Ford to Ax Up to 8,000 American Jobs in Order to Fund Electric Vehicle Production |
| 2022-07-22 |
| [Bloomberg via Western Journal] The Ford Motor Co. is expected to slash 8,000 jobs in the coming weeks to help fund its push into the electric-vehicle market, Bloomberg News reported Wednesday. Workers in the Ford Blue unit tasked with manufacturing internal combustion engine vehicles and employees working for the company’s other departments could lose their jobs under the to-be-finalized layoff plan, according to the report, which cited "people familiar with the plan." If finalized, the layoffs are expected to occur in stages, starting this summer, Bloomberg reported. It said most of the job cuts are expected to occur among the company’s 31,000-strong U.S. workforce. According to Bloomberg, the layoffs would help fund the company’s electronic vehicle expansion by cutting costs and increasing profitability. The company has announced several significant steps toward that end in recent months. |
| Posted by:Besoeker |
| #5 What if a MAGA candidate made eliminating the EV subsidy a plank in their campaign platform in Michigan? I think the result would be chaos in a good way. |
| Posted by: Super Hose 2022-07-22 12:28 |
| #4 There is no excess capacity to be had. Solar will not supply the demand for EV. The bastards in power know this and it's all part of the plan to eliminate our ability to travel. Easier to control a population that can't escape. |
| Posted by: Warthog 2022-07-22 09:57 |
| #3 QUICK QUESTION: Where is all this extra required Electricity Coming from? Maybe the shutdown Fossil Fuel (COAL) powered Power plants? Because Nukes take years just to get Earth Hugger approval, then 7 to 10 years to build. Solar Power Panels? Also think amount the rare earth materials needed and the massive amount of needed to extract, produce and install. All Energy not available. |
| Posted by: NN2N1 2022-07-22 08:32 |
| #2 Republic Brief - GM Is Moving Electric Car Manufacturing Jobs to Mexico After Biden Praised Them Over Tesla |
| Posted by: Besoeker 2022-07-22 08:02 |
| #1 ....most of the job cuts are expected to occur among the company’s 31,000-strong U.S. workforce. Then when the EV nocturnal emission flounders, as it eventually will, the business decision to cut US jobs is still a win. |
| Posted by: Besoeker 2022-07-22 04:47 |