People familiar with the matter say that upwards of 1,000 salaried employees and contract workers at Ford Motor Company in North America will soon be laid off in order to offset the company’s massive “green” investments into electric vehicles (EVs).
The costs associated with transitioning from traditional gas-powered vehicles to electric alternatives is so high that Ford can no longer afford, it says, to pay high-level engineers and others at the company, some of whom have worked at the company for decades.Ford previously announced about 3,000 layoffs in its U.S. market, most of which also affect engineering roles […]
Read the rest of this story here: www.naturalnews.com
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