Ford switching to electric vehicles could reduce almost a quarter of American staff

Ford switching to electric vehicles could reduce almost a quarter of American staff

In the light of the radical change of strategy and intent to release the Ford electric vehicles, Ford plans to reduce the annual operating costs by $3 billion by 2026, and will include a reduction of 8,000 employees, a quarter of the company's U.S. state, Bloomberg reports.

Ford Blue, which specializes in the production of machines with internal combustion engines, while the advance Ford Model E will continue to develop electric vehicles and software solutions.

Last Thursday, Jim Farley's head of the company refused to discuss , reports The Verge.

The company had previously expressed its intention to invest $50 billion in electric vehicles, and the source of these funds should be the "traditional" Blue unit. The only way to reduce costs was to reduce the number of personnel, as the situation in the industry was difficult: the most popular models, such as Mustang Mach-E, were on the verge of profitability, and Ford had decided to introduce low-cost iron phosphate batteries.