Ford Layoffs 2023 – I want to know the effect of Ford layoffs in 2023 and if it will affect F stock investors.
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Answered: July 15, 2023
Ford will lay off up to 1,000 employees in 2023, focusing on the software division, gas-powered, and electric vehicles. The company expects restructuring charges of $1.5 – $2 billion, impacting the impacted employees. However, F stock investors remain optimistic about the company's strong performance.
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Answered: July 15, 2023
Ford and other automakers continue hiring while shifting to electric vehicles. These layoffs are part of aligning skills for the transition. Although job cuts are unfortunate for workers, the big picture for F stock investors in 2023 looks promising, with numbers indicating a positive outlook.
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