The Ford Motor Company said it will cut 3,000 salaried and contract jobs in North America and India as it restructures to develop software driven electric vehicles. "We are eliminating work, as well as reorganizing and simplifying functions throughout the business. You will hear more specifics from the leaders of your area of the business later this week," Farley and Ford Chairman Bill Ford wrote in a joint email. Ford wants to generate more revenue through services that depend on digital software and connectivity like its rival Tesla. United Auto Workers union have warned that electric vehicles will mean fewer manufacturing jobs and more jobs  off loaded to non-union battery and EV factories.

 

For More: https://www.reuters.com/business/autos-transportation/ford-cuts-3000-jobs-it-pivots-software-future-2022-08-22/

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