Ford CEO Admits EVs Will Cost Many Their Jobs

Ford CEO Admits EVs Will Cost Many Their Jobs: https://autos.yahoo.com/ford-ceo-admits-evs-cost-150000393.html

Thousands of jobs will be further displaced upon moving the engineering jobs to China and India.

In my family, we don't buy products not made in the USA. Also, friends & family stay away from products engineered elsewhere.

Eliminating these jobs and moving them to low-cost-countries has a societal-cost and we learned from the Ford Sponsored Taguchi Training that all costs need to be looked at, not just the bonus structure for the over inflated executive management staff. By the way, lets point out that we have nearly double that of our benchmark of Chrysler, not Stellantis.

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At a time when global energy transitions are slowly changing global trade patterns into regional ones... as fuel costs slowly rise long supply chains will cease to be economically viable...

So planning for the future would suggest to most that off shoring at this point in time is ok for that satellite that you want to spin off. If leaving the US in search of a better economic climate is the quest, then good luck - you won't be missed and that vacuum will get filled by something that actually wants to be here. Manufacturers in the end depend on customers. It's not the other way around. LOL, perhaps the fancy pants B-Schools need to be reminded that those MBAs first need a market to sell products to before they can count all of those profits! LOL, interesting times.

Thread regarding Ford layoffs

Ford CEO Admits EVs Will Cost Many Their Jobs

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