Ford Motor has plans to fire at least 1,000 salaried and contract workers as the automaker looks to offset the billion-dollar costs of investing in the electric vehicle market.
‘Destroyed the company’: Software giant Anaplan begins layoffs after Thoma Bravo’s $10.4B buyout deal
Managers told the employees on affected teams that they should work from home for the rest of the week, The Journal reported. The spokesman continued: “Delivering on the plan includes adjusting staffing to match focused priorities and ambitions, while raising quality and lowering costs. What we’re doing this week in the US and Canada is mostly, but not only, related to engineering roles. People affected by the changes will be offered severance pay, benefits and significant help to find new career opportunities.
The automaker has already introduced an electric truck, dubbed F-150 Lightning, with four models that range from $59,974 to $98,074. Then in February, the Michigan-based automaker announved that it’s going to had 3,800 Europe-based staffers pink slips over the next three years.
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