Ford to Lay Off 3,000 Employees in Electrification Bid

August 29, 2022 11:00:04

Opponents to electric vehicles have long argued that ditching fossil-fuel-powered cars for EVs would have dire consequences on the people who earned their living in the automotive industry. The segment that would be most affected would be internal combustion engine manufacturing as automakers slow down the production of traditional cars in favor of zero-emission electric cars.

An Ernst and Young study revealed that around 150,000 employees in the automotive industry are involved in…

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