23
Aug
14:52
Ford to terminate 3,000 workers as it shifts to EVs
Ford says it is eliminating 2,000 salaried positions and 1,000 contract positions with most of the cuts in the United States, Canada and India in order to cut costs and to be more competitive as it shifts toward electric vehicles, Kallanish reports.
The majority of the layoffs are in Michigan and the Detroit area, and the layoffs will affect Ford Blue which manages the internal combustion engine vehicles and Ford Model E which manages electric vehicles. Affected w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous