Ford to lay off workers as it focuses on electric vehicles
1–10 of 116 posts
Re: Ford to lay off workers as it focuses on electric vehicles
#2They're laying off workers whose skillsets are specific to making vehicles with combustion engines and hiring workers specific to making vehicles with electric motors.
Re: Ford to lay off workers as it focuses on electric vehicles
#3Ford is bleeding to death on purpose so they can get more tax payer EV subsidies
Re: Ford to lay off workers as it focuses on electric vehicles
#4They're laying off workers whose skillsets are specific to making vehicles with combustion engines and hiring workers specific to making vehicles with electric motors.
I wonder how the switch to electric is going to impact Ford dealers? From what I've read they need to (re)train their mechanics and buy a bunch of new equipment and then also deal with the fact that electric vehicles require less maintenance.
Re: Ford to lay off workers as it focuses on electric vehicles
#5They're laying off workers whose skillsets are specific to making vehicles with combustion engines and hiring workers specific to making vehicles with electric motors.
Sometimes, I wish headlines would be a bit more specific.
"Workers" to me implies assembly line workers, whereas the actual layoffs are mostly engineers. I have never really heard anyone call engineers, "Workers"...
Re: Ford to lay off workers as it focuses on electric vehicles
#6They're laying off workers whose skillsets are specific to making vehicles with combustion engines and hiring workers specific to making vehicles with electric motors.
I wonder how the switch to electric is going to impact Ford dealers? From what I've read they need to (re)train their mechanics and buy a bunch of new equipment and then also deal with the fact that electric vehicles require less maintenance.
Well, I'm sure all of those massive dealer markups from the pandemic and ensuing vehicle shortage needed to go somewhere, right?
Re: Ford to lay off workers as it focuses on electric vehicles
#7They're laying off workers whose skillsets are specific to making vehicles with combustion engines and hiring workers specific to making vehicles with electric motors.
I wonder how the switch to electric is going to impact Ford dealers? From what I've read they need to (re)train their mechanics and buy a bunch of new equipment and then also deal with the fact that electric vehicles require less maintenance.
Re: Ford to lay off workers as it focuses on electric vehicles
#8Ford is bleeding to death on purpose so they can get more tax payer EV subsidies https://youtu.be/5MZeTeqdsTw
I wouldn't say it's on purpose. Ford has always been a marginal (financially) automaker, and while the US gov is providing substantial support (>$10B) via battery and vehicle subsidies, it will be a painful transition based on the financials and balance sheet. Too much financial and institutional debt considering the swiftness at which they must transform. Tesla has a lot of room in their margin (and also generous subsidies due to US component content) to eat price reductions due to rising interest rates, Ford does not while also trying to retool their entire manufacturing supply chain.
TLDR Efficient, nimble innovators can kick the can, laggard incumbents cannot.
Re: Ford to lay off workers as it focuses on electric vehicles
#9They're laying off workers whose skillsets are specific to making vehicles with combustion engines and hiring workers specific to making vehicles with electric motors.
I wonder how the switch to electric is going to impact Ford dealers? From what I've read they need to (re)train their mechanics and buy a bunch of new equipment and then also deal with the fact that electric vehicles require less maintenance.
Well, their primary income seems to come from deceiving people, I'm sure they'll either invent new forms of 'maintenance' work or grossly exaggerate the required frequency of some other task.
Re: Ford to lay off workers as it focuses on electric vehicles
#10They're laying off workers whose skillsets are specific to making vehicles with combustion engines and hiring workers specific to making vehicles with electric motors.
Sometimes, I wish headlines would be a bit more specific. "Workers" to me implies assembly line workers, whereas the actual layoffs are mostly engineers. I have never really heard anyone call engineers, "Workers"...
> Google parent to lay off 12,000 workers
https://nypost.com/2023/01/20/google-parent-alphabet-to-lay-...
> Microsoft laid off another 689 workers from its Seattle-area offices Monday
https://www.seattletimes.com/business/microsoft-cuts-another...
> Meta to Lay Off Another 10,000 Workers
https://www.nytimes.com/2023/03/14/technology/meta-facebook-...