Article

2023-06-23 Economy

Ford to announce another round of layoffs, hitting salaried workers

[The Hill] Ford Motor Co. is preparing to conduct another round of layoffs within the coming weeks.

Sources told the Wall Street Journal Thursday that the round of layoffs is expected to hit salaried workers in the U.S.

The cuts are expected to affect those who work in the company’s electric vehicle (EV) and software division as well as employees who work in Ford’s gas-engine side of the business.

In a statement, a Ford spokesperson told the Journal the recent moves are "part of the ongoing management of our business includes aligning our global staffing to meet future business plans, as well as staying cost competitive as our industry evolves."

This round of layoffs follows one that happened last August that cut jobs for 3,000 white-collar and contract employees. The company also announced earlier this year that it was starting to cut 3,800 jobs in Europe, according to the Journal.

"We’ve consistently said that we’ll align our staffing around the skills and expertise needed to deliver on the Ford+ growth plan and provide customers with leading products and services," a spokesperson for Ford told The Hill.

Posted by Besoeker 2023-06-23 01:17|| E-Mail|| Front Page|| [11140 views ] Top

#1 They appear to be in a bad way and may require a government bailout soon. Oh WAIT.....!

Daily Wire - Ford Gets $9.2 Billion Loan From Biden Admin For EV Battery Factories — Biggest Check Since 2009 Bailouts

Posted by Besoeker 2023-06-23 01:33|| 2023-06-23 01:33|| Front Page Top

#2 Who would have expected selling a US UNION made 2023 Ford F-150 with a MSRP Range: $41,530 - $107,350 in a budget penny-pinching tight economy would lead to crappy sales, large inventories and layoffs.

Posted by NN2N1 2023-06-23 05:25|| 2023-06-23 05:25|| Front Page Top

#3 Maybe Musk needs some assembly line rocketeers.

Posted by Skidmark 2023-06-23 08:23|| 2023-06-23 08:23|| Front Page Top

#4 Every time I see the Ford commercial showing a proud electric F-150 owner draining his truck's battery to power his house I don't know whether to laugh or shake my head in derision. I keep thing about what happens if his family has a real emergency...

Posted by magpie 2023-06-23 09:54|| 2023-06-23 09:54|| Front Page Top

#5 ^ CA is exploring the idea of 2-way EV charging stations. Sure, you can charge your EV if there is available electricity. If not, the state will inform you of when you need to take your EV to the charging station so the state can drain your vehicle's stored energy and place it back into the grid. Brilliant!

Posted by Rex Mundi 2023-06-23 10:31|| 2023-06-23 10:31|| Front Page Top

#6 /\ "Loadsharing" will be the answer to forthcoming brownouts.

Rural areas will suffer. Clustering populations in urban areas is really the key to equity and our future.

[sarc off]

Posted by Besoeker 2023-06-23 10:35|| 2023-06-23 10:35|| Front Page Top

#7 For a bunch of people who are seemingly oblivious to the shortcoming of their electric plans, they sure are out in front of prepping people for electric rationing.

"Loadsharing" I'm sure was the winner of four choices in a tiktok poll.

Posted by swksvolFF 2023-06-23 10:43|| 2023-06-23 10:43|| Front Page Top

#8 "Loadsharing" does have that Orwellian vibe, doesn't it? It's not 'sharing' when the government seizes it by force ...is it?

Posted by magpie 2023-06-23 13:50|| 2023-06-23 13:50|| Front Page Top

#9 It's not 'sharing' when the government seizes it by force ...is it?

"What's Taxes, Alex."

Posted by Skidmark 2023-06-23 13:54|| 2023-06-23 13:54|| Front Page Top

#10 "I paid to charge my car; shouldn't I be compensated when the grid takes the charge?"

"Hoarder!"

Posted by swksvolFF 2023-06-23 17:00|| 2023-06-23 17:00|| Front Page Top

#11 My California energy idea would be for them to use all the dead lumber for fuel to generate electricity. In my book, that would be carbon neutral. It’s going to burn anyway.

Posted by Super Hose 2023-06-23 19:44|| 2023-06-23 19:44|| Front Page Top

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