Ford will cut thousands of jobs as it eyes transition to electric vehicles

Ford will cut thousands of jobs as it eyes transition to electric vehicles

Ford will cut 8,000 jobs in in the coming weeks in a bid to reduce costs and bolster investment in electric vehicles, a report has said.

The Detroit-based company has not confirmed the cuts, which were first revealed on Wednesday by Bloomberg, and could still change.

According to the report, about 8,000 jobs could be cut from the newly created Ford Blue unit working on the company’s internal combustion engine operations.

Cuts, which could begin before the end of the summer, will also…


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