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Ford Cutting 8,000 Jobs to Fund EV Investments

Posted

July 20, 2022

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Ford Motor Co. is preparing to cut as many as 8,000 jobs in the coming weeks as the automaker tries to boost profits to fund its push into the electric-vehicle market, according to people familiar with the plan. Bloomberg's Keith Naughton speaks on "Bloomberg Markets: The Close."

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Ford Motor CoBloomberg's Keith NaughtonBloomberg Markets The Close

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Ford Cutting 8,000 Jobs to Fund EV Investments · Bloomberg Television · Sentinel