Internal Memo Has Tesla Employees Worried About Layoffs

Tesla has the best-selling EV in the world, but that hasn’t made the automaker immune to cost-cutting measures. A recent report describes an internal memo that asked managers to justify their teams’ employment.

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Ford Slashing F-150 Lightning Production and Laying Off Most of the People Building It

After facing significant challenges ramping up production and meeting customer demand for the F-150 Lightning, Ford recently announced layoffs that will drastically cut volume at its electric vehicle factory in Michigan.

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GM's Cruise Laying Off Hundreds to Slash Costs

The hits keep on coming for GM’s Cruise. After high-profile crashes and being forced to temporarily shutter operations in California, the autonomous vehicle unit announced yesterday that it would lay off a quarter of its workforce in a move that sees around 900 people losing their jobs.

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Volkswagen to Cut Jobs As Part of $11 Billion Cost Saving Effort

Volkswagen needs to cut costs and to get there, the automaker is cutting jobs. Company CEO Thomas Schaefer said that VW’s growing costs and waning productivity have necessitated the cuts, which will take place over the next several years.

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Report: Ford Allegedly Planning More Layoffs

Ford has been restructuring for years and is reportedly planning additional layoffs. Staff from multiple business units, including its combustion-focused Ford Blue division and the Model e electric vehicle unit, are supposed to be getting bad news in the coming weeks. But the number of people getting laid off isn’t supposed to match what we’ve seen before. 

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Stellantis Dangles $50,000 Check for Voluntary Terminations

After a long period of hiring and widespread labor shortages, some companies are looking to cut back on staff to prepare for uncertain economic times ahead. Earlier this month, we learned that thousands of GM employees took the company’s offer for a buyout, which helped it avoid mass layoffs. Now it’s Stellantis’ turn, as the automaker is offering money to lure around 3,500 hourly workers out of their jobs.

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Nearly One in Five Lucid Employees to Get a Pink Slip

Though it has earned near-universal praise for its debut sedan, the Air, Lucid is having trouble finding traction with the ultra-expensive EV. Earlier this week, the automaker announced a restructuring effort that involves almost a fifth of its workforce. After a disappointing 2023 production forecast, Lucid is looking to cut costs as uncertain economic times are ahead.

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GM Offering Buyouts to Salaried U.S. Employees

General Motors is planning to spend an estimated $1.5 billion to buy out a meaningful portion of its salaried workforce in the hopes that the decision will help save the company $2 billion over the next couple of years. While it seems like a very expensive way to save money, CEO Mary Barra clearly feels as though now is the time to strike.

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Ford Cutting Nearly 4,000 Jobs in Europe, U.S. Cuts Likely to Follow

Ford Motor Co. reportedly has plans to cut 3,800 administrative and product development positions in Europe over the next three years – representing a little more than 10 percent of its regional workforce. Germany and the United Kingdom are presumed to be the zones taking the biggest hits, with the automaker suggesting that it needs to streamline the workforce as part of its transition toward all-electric vehicles.

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Ford Cutting Over 1,000 Jobs in Germany as Company Pivots to EVs

Ford is reportedly preparing to lay off a minimum of 1,000 German employees as it prepares to manufacture two battery-electric models developed under Volkswagen’s MEB platform. The partnership is old news, as is Ford wanting to pivot toward all-electric vehicles. However, everyone seems surprised that the decision would be accompanied by job cuts – despite countless reports having predicted that the global push toward EVs would mean far-fewer automotive jobs in the years to come.

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Ford Cutting 3,000 Jobs in America, Canada, and India

The scissors have been busy at the Glass House, reportedly cutting 2,000 salaried and 1,000 agency jobs as it seeks to bolster profitability. Affected employees will be informed this week, said spokespeople, and we have the internal memo after the jump.

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Report: Ford Cutting 8,000 Jobs as It Repositions for EVs

A report, citing unnamed sources, has claimed Ford is planning to eliminate up to 8,000 jobs in North America to free up capital for its ongoing transition to all-electric vehicles. Cuts are expected to begin later this summer and will allegedly target salaried employees working within the “Ford Blue” unit the automaker created to specialize in gasoline-driven vehicles. 

This follows earlier statements made by CEO Jim Farley, who warned in February that the company had too many people on its payroll and specifically lacked the expertise required to reposition itself as an automaker specializing in EVs. Though this isn’t really unique to the Blue Oval, as the entire industry knew that manufacturing electric cars would require far less manpower. 

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GM Canada Tells Unvaccinated Workers to Stay Home, Union Unhelpful

Unvaccinated workers from General Motors’ CAMI Assembly Plant have been removed from the facility and forced into unpaid leave. The automaker had a deadline set for December 12th to have all employees vaccinated, with Unifor previously having urged the company to postpone the date. The Western world has seen a surge of citizens protesting vaccine mandates this year, with Canadian unions conducting more than a few of their own. Though several organizers have said they’re operating independently due to a shared belief that Unifor was offering insufficient support to members and was effectively siding with automakers.

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Stellantis Laying Off 150 Jeep Employees in Illinois

Jeep is laying off 150 workers that would have otherwise been employed at its Belvidere Assembly Plant, which actually produces the Jeep Cherokee instead of the long defunct, full-size Plymouth. Based on the timing, this decision appears to have something to do with the FCA-PSA Group merger that formed Stellantis.

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Ford to Cut 1,400 Salaried Positions in U.S. Through Buyout Initiative

Barely a full day after news broke that Ford was on the cusp of announcing layoffs, Ford announced those layoffs. On Wednesday, the automaker informed employees that it needs to eliminate 1,400 salaried jobs as part of its $11-billion restructuring program. The good news is that these cuts will be handled through retirement buyouts that won’t leave the departing workforce empty handed. The automaker’s internal memo also stated that the buyouts would be voluntary.

The Blue Oval previously said it expects a full-year loss in 2020 thanks to the pandemic, with a pre-tax profit of anywhere between $500 million and $1.5 billion in the third quarter.

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  • Slavuta Why America needs school buses altogether? When I was in school, I rode on a regular city bus
  • Jeff Buy whatever works for you if you own an EV and are happy with it good, if you buy a hybrid or plug in hybrid and it works for you good, if neither and you like your ICE the way it is that is also good. I believe over time EVs will get better and have a larger segment of the market.
  • Tassos Jong-iL Is New Jersey better than Old Jersey?
  • Tassos Jong-iL Looking forward to buying 2 of these with all of those Rubles we have been earning lately.
  • Dartdude I have a 17 Ram 1500, love the dial and took to it right a way. don't have a lever blocking the dash panel or taking up space on the console.