Choose a language
Shortpedia Categories
Company
Download App




Ford to start fresh round of job cuts to reduce costs amid shift to EVs

Shortpedia
Content Team
Image Credit: pixabay

US automaker Ford is preparing to cut more jobs as it directs more investments towards building electric vehicles (EVs). The fresh layoffs could be announced as soon as next week, according to The Wall Street Journal. The company laid off about 3,000 employees in August last year. Ford CEO Jim Farley has said that the automaker has more work to do than its competitors to get costs in line.


SMART CONTENT APP Hand picked content everyday

Shortpedia is a short news app which provide latest news in 70 words in Hindi or English Language. Read Breaking News on our Mobile App which is available on Google Play Store & Apple App Store.

Download App


Copyright © 2019 ShortPedia. All Rights Reserved.