Ford will cut 3,000 jobs to reduce costs in the E.V. transition
The automaker said the move was needed to be competitive and reallocate resources.
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Ford Motor is preparing to cut 3,000 jobs as part of a drive to reduce costs and become more competitive amid the auto industry's transition to electric vehicles.
The company plans to eliminate the jobs of 2,000 salaried workers, mostly in the United States and Canada, and about 1,000 people employed by agencies that work as part of Ford's operations, Ford told employees in a companywide email on Monday.
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