Ford to lay off workers as it focuses on electric vehicles | CNN Business

“This is related to the Ford+ growth plan we introduced in 2021 and have been increasingly implementing over the past year,” said Ford spokesman T.R. Reid in an email. “Delivering on the plan includes adjusting staffing to match focused priorities and ambitions, while raising quality and lowering costs.” Ford has previously said it is also hiring in some areas, so it’s not clear if these layoffs will result in an overall reduction in Ford’s workforce in the United States or Canada.

As part of the so-called Ford+ plan, in 2021 the company was split into three broad operating units: Ford Blue for internal combustion-powered vehicles, Ford Model E for electric vehicles and Ford Pro focused on commercial vehicles. Ford CEO Jim Farley also announced the company would focus on fewer, but more profitable, market segments and would develop more digital products for its customers. In addition to profit growth, cost reductions are also part of the plan.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Rent is falling in America for the first time in years | CNN BusinessSome welcome news for renters: The US median rent in May fell from May 2022, the first annual rent decline in at least three years, according to a Realtor.com report released Monday.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »

Former CNN executive David Bohrman, pioneer of the 'Magic Wall,' dead at 69 | CNN BusinessDavid Bohrman, a former veteran CNN producer and executive who pioneered the use of the “Magic Wall,” died Sunday following complications after hip surgery, according to his family. He was 69.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »