The company will lay off roughly 2,000 salaried and 1,000 contract workers, mostly in the U.S. but also in Canada and India, as it looks to spend US$50 billion on electric-vehicle manufacturing. (The Wall Street Journal)
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The company will lay off roughly 2,000 salaried and 1,000 contract workers, mostly in the U.S. but also in Canada and India, as it looks to spend US$50 billion on electric-vehicle manufacturing. (The Wall Street Journal)
Talking point: Ford made less than 64,000 EVs last year, but plans to build two million annually by the end of 2026. More job cuts are possible, as sources told Bloomberg in late July that Ford is considering eliminating up to 8,000 jobs in the coming weeks. The EV and autonomous vehicles sector is not immune from layoffs, but the automotive industry is placing bigger bets on electrification as the future. Unifor’s latest agenda for the automotive industry focuses on EVs more than ever, and auto executives and higher education institutions are re-imagining how to prepare the workforce for a new wave of jobs.
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