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{"id":10605,"date":"2022-07-23T14:37:51","date_gmt":"2022-07-23T14:37:51","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/07\/23\/ford-will-reportedly-slash-a-quarter-of-its-workforce-to-fuel-ev-expansion\/"},"modified":"2022-07-23T14:37:52","modified_gmt":"2022-07-23T14:37:52","slug":"ford-will-reportedly-slash-a-quarter-of-its-workforce-to-fuel-ev-expansion","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/07\/23\/ford-will-reportedly-slash-a-quarter-of-its-workforce-to-fuel-ev-expansion\/","title":{"rendered":"Ford will reportedly slash a quarter of its workforce to fuel EV expansion"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/7\/22\/23274230\/ford-blue-layoffs-model-e-ev<\/a>
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Ford is eyeing major cuts to its workforce in the midst of a shift to electric vehicles. According to a recent report in Bloomberg<\/em><\/a>, the Blue Oval is gearing up to lay off 8,000 salaried workers \u2014 about a quarter of its workforce in the US \u2014 as it aims to reduce $3 billion in operational costs by 2026. <\/p>\n

The cuts will be coming from Ford Blue, the company\u2019s legacy internal combustion engine business. Earlier this year, Ford split itself into two entities<\/a>, with Ford Blue covering ICE vehicles and Ford Model E focused on electric vehicles and software projects. At the time, Ford said that Ford Blue would generate the revenue that would help power Ford Model E to develop new and innovative products. <\/p>\n

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