Staff Reports
According to the Wall Street Journal, Ford Motors plans to eliminate at least one thousand positions in North America as a result of the mounting costs associated with the production of electric vehicles. Expecting to lose approximately $3 billion in operating profit on its electric vehicle business this year, executives are hopeful that gas-powered vehicle profits can sustain the company until the EV program pays off. In the interim, it makes sense for the company to focus on reducing its $8 billion in operating expenses. Ford will lay off approximately 1,000 salaried workers in North America, including those in the electric vehicle and software programming departments, as well as those in the petroleum and commercial vehicle sectors.
The painful consequences of the “green” agenda are only just beginning. https://t.co/vPBKZbEb0j
— Jenna Ellis (@JennaEllisEsq) June 28, 2023
This is not unexpected, as the company laid off roughly 3,000 employees in the U.S. last summer and announced even larger reductions in Europe this year. While the automobile industry has been working hard to adopt new technology, the costs are outweighing the benefits, and the Biden Administration's drive to convert the federal government's fleet of vehicles from gas-powered to electric by 2035 is only hurting the industry further.
The Biden Administration's drive to convert the federal government's fleet of vehicles from gas-powered to electric by 2035 will only result in more job losses in the industry, harming industrious Americans who depend on these jobs for a living. Some on the left may believe that this drive toward EVs will save the environment, but they are oblivious to the devastating economic effects it has on auto workers and their families. Ford is currently pursuing government funding to expand its battery manufacturing operations. It's unfortunate that the government prioritizes this expensive and job-killing project over supporting industrious Americans and their employment.
It is evident that the left's radical drive for electric vehicles has detrimental effects on workers throughout the industry. The announced reductions demonstrate that Ford's adoption of new technology is not sustainable for the company or its employees. It is time for the Biden Administration to reconsider its drive for electric vehicles and begin placing American laborers and their livelihoods above all else.
