Ford Plans to Lay Off at Least 1,000 Contract, Salaried Workers

Ford plans to lay off at least 1,000 salaried employees and contract workers in North America, particularly in its engineering ranks, as part of its latest effort to reduce costs and invest in electric cars. The planned layoffs come after several rounds of global layoffs over the past year, with the

June 27, 2023 . 4:03 PM

1 min read

Ford plans to lay off at least 1,000 salaried employees and contract workers in North America, concentrated in the engineering ranks.
The automaker is targeting costs across its business units, including EV and software side of the business, gas-engine, and commercial-vehicle divisions.
Ford has made several rounds of global layoffs over the past year.
The planned layoffs are Ford's latest effort to defray the heavy cost of investing in electric cars.
Ford has sought out government financing for the expansion of its battery-manufacturing operations.