Ford to ax at least 1,000 contract, salaried workers to offset billion-dollar EV investments

June 27, 2023

Ford Motor Co. reportedly has plans to fire at least 1,000 salaried and contract workers as the auto giant looks to offset the cost of investing in the electric vehicle market.

During internal meetings on Monday, salaried workers based in North America were informed of the impending job cuts, which are expected to significantly affect engineers, people familiar with the matter told The Wall Street Journal. NY Post