Ford Said To Plan 8,000 Job Cuts At ICE Unit To Fund EV Push via insideevs.com
Ford is reportedly looking to cut as many as 8,000 jobs in the coming weeks at its Ford Blue internal combustion engine vehicle unit to boost profits necessary to fund its EV push.cites unnamed sources familiar with the plan as saying that the layoffs will come in the newly created Ford Blue division as well as other salaried operations throughout the company. The insiders said the plan has not been yet finalized and details could still change.
The automaker declined to comment on possible job cuts, noting that it's focused on reshaping the organization to capitalize on electric vehicle growth.
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