Less than two months after announcing it would apply $134 million of taxpayer dollars for retooling two Michigan plants, news reports this week surfaced that revealed Ford Motor Company would lay off approximately 8,000 salary workers.
According to Bloomburg reporting, the job cuts are part of the automaker’s effort to liberate $3 billion of corporate operational costs from the its internal combustion engine business. The company would then transfer savings garnered from the layoffs to build electric Ford F-150 Lightning and Ranger pickups at Ford’s Michigan Assembly Plant in Wayne, a new Mustang coupe at Flat Rock Assembly Plant, and a $35 million Ford Customer Service Division packaging facility in Monroe.
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