business

Ford cutting several hundred white-collar jobs to reduce cost amid transition to electric vehicles

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Well, that doesn’t sound so very thankful to those who made all the companies’ development possible so far. But on the other side it’s their own fault. They should have shown more influence on management instead of helping to continue walking on that misleading path that now even eliminates their own jobs. It’s kind of shoveling own grave, isn’t it?

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However, by cutting several hundred white collar employees, they will have lost several hundred customers. anyone can see this is bad business and typical myopic American corporate strategy, Why does America always kowtow to tree hugging environmentalist blowhards? They should take a lesson from Nissan and Leaf their workers alone.

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Nissan, justifiably, gets a lot of stick on this site but their GHQ in Yokohama is a paragon of business acumen and common sense when compared with Jim Farley's loony bin in Dearborn. The 4,500 staff already let go are the lucky ones. There are better places to work.

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Ford Motor (F.N) Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles.

"They developed very quickly, and they developed them in large scale. And now they're exporting them," Ford told CNN's 'Fareed Zakaria GPS' Sunday program. "They're not here but they'll come here we think, at some point, we need to be ready, and we're getting ready," Ford said.

Scale is where China wins.

Ford Motor Company Chief Executive Bill Ford announces Ford will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan U.S., February 13, 2023. 

So no @Xavier decoupling is not the answer. It will put you out of business.

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