According to Bloomberg, Ford reportedly plans to cut up to 8,000 jobs to fund its plans to build EVs. This is a result of their commitment to ESG (Environmental, Social, Governance), the World Economic Forum’s (WEF) replacement for capitalism. The new ‘Inclusive Capitalism’ puts Marxist-based values over profit. This is The Great Reset.
On their website, they write:
The future of Ford centers on a purpose bigger than building vehicles. We are helping to build a better world where every person is free to move and pursue their dreams.
A world that is fully electric. A world that is more equitable, inclusive, and sustainable. And in doing so, we are putting people, the planet, and our shared prosperity first.
At Ford, we are committed to making progress on the issues that matter in the environmental, social, and governance (ESG) areas. It is a critical part of our Ford+ plan for growth and value creation as we transform our business for a new era of electric and connected vehicles, setting the pathway for our continued success for generations to come.
Ford’s sustainability and globalist plan has been in effect since 2007.
So, they’re firing people who know how to make gas cars.
The layoffs would occur at its Ford Blue unit, recently created to develop vehicles with internal combustion engines (ICE), and would affect other salaried positions in the company. The bulk of cuts is expected to occur in the US.
In March, Ford CEO Jim Farley restructured the company into the Ford Blue and Model E divisions, with the latter dedicated to electric cars and pickups like the Mach E and F150 Lightning.
As part of that, he announced plans to cut $3 billion in costs by 2026, transforming Ford Blue into “the profit and cash engine” for the entire company, according to Yahoo.
The Dearborn, a Michigan-based company, also said its EV business would not be profitable until the next-generation models begin production in 2025, reports Reuters.
They’re building the EVs in Romania, not the US.
What will EV owners do when they realize there won’t be enough charging stations or electricity becomes too expensive? They will destroy fossil-fuel-reliant electricity too.
The Great Reset And Its Financial Engine, ESG
In June 2020, elites from around the world gathered to announce the launch of a plan to “reset” the entire global economy. They called it The Great Reset.
Elites signed on, including the International Monetary Fund, Prince Charles, the UN head, CEOs from major international corporations, including Ford, large banks, and the World Economic Forum head Klaus Schwab who originated the concept.
“Every country, from the United States to China, must participate [in the Great Reset], and every industry, from oil and gas to tech, must be transformed,” wrote Klaus Schwab, the founder and executive chairman of the World Economic Forum, in an article published on WEF’s website. “In short, we need a ‘Great Reset’ of capitalism.”
They made up a crisis, claiming that doing nothing about Marxist environmental goals would pose an “existential threat.”
Large financial institutions formed ESG systems. ESG systems, sustainable investment, and forcing the world to adopt “green” energy sources are all essential to the Great Reset. The plan is to transform the world into a more feudalistic global governance system.
The worst part of ESG is that it relies on subjective and easily manipulated ratings. They can then be used to control people and the agenda. They will control companies like Ford, which wants great ESG ratings.
It includes all the most extreme Marxist green energy and climate change ideals. Much of it isn’t even in place yet. It will continually worsen.
If you’re planning to resist, the time is now. Write letters to Ford and tell them you will never buy another?
How does firing 8k people “share the prosperity”, it impoverishes the people and increases corporate profits.
Ford is going bankrupt. They can’t GIVE their gas hog trucks away.
Go Woke = Go Broke. GM, Korea and Japan will surge to the top.
EVs are not the future.
Ford is cutting its own throat
Pretty typical of FORD who threw in with George Soros and other globalist fiends some time ago. Next car def won’t be a FORD.
isn’t it blatantly obvious that no profit means no company?
I will never again buy a ford, they are anti-freedom and anti-American.
Now I can’t even buy a FORD because of this liberal garbage? FORD must NOT BE AN AMERICAN COMPANY. Henry would not be pleased at all this garbage.
Ford in the last couple years has made strange decisions
I think they are moving towards bankruptcy.
Maybe Ford should be on suicide watch.
The future for the next 20 years is in EVs as City Cars and Petro Vehicles for a real car or truck. Even Musk is realizing that the Commuter Car is Tesla’s Future.
GM has one of the best selling EVs in the World The SAIC-GM-Wuling Mini EV is one of the best selling EVs in the World. Why hasn’t Traitor Joe and GM make it available in America? It’s because the Goal is not Climate Change or saving the Planet, it’s about war against American Oil and the American People.
Tesla’ best selling car is the Model Y with about 172,000 sold per year. The Wuling Hongguang Mini EV sales were over 450,000 last year. At below $7500, Dollars it would be the best selling car in America.
Only about 3 % of Americans own an electric car
and in most states the goverment gives you a few thousand dollars to buy those Evs…which means without that little gift ( taken in the pocket of tax payers ) , they d sell much less EVs
of that 3 % one in five people say their next car will be a gasoline one, they did not like their EV, did not like that the advertized range is a lie; the car rarely does even 80% of it in normal weather and does maybe 50% of it in cold weather
Once people realize that EVs harm the environment as much or more than gasoline cars, they won t sell that many EVs
Once people see the damage caused by mines and the billions of gallons of water used to extract rare minerals… water that is then toxic… they won t sell that many Evs.
Once those EV batteries reach their end of life ( 10 to 15 years at best ) and the planet will have to deal with millions of 1000 lbs and 2000 lbs batteries full of toxic and cancer causing chemicals that are very hard to recycle, not that many people will want to buy an EV
EVs are not as great as the left and the media want us to believe they are…there is a lot of propaganda around green stuff, be it EVs solar panels or wind farms…
windmills last 20 years then they burry the non recyclable blades in the ground, and those blades are a few hundred feet long !!
solar panels last 25 years at best ( lose efficiency at about 2 % per year ) then are very difficult to recycle as they contain toxic material glued to non toxic material
this whole green thing is mostly propaganda, hype and lies
green energy is not very green at all, and thus not better than what we have now.
EXCELLENTLY STATED!
What will you drive to visit Aunt Myrtle, who lives 600 miles away? It’s a stupid concept that is not practical.
Wow, another woke corporation to boycott. Can we use hydro again or do we have to watch out for fishes too?
Mass brown outs and black outs will happen frequently because too many of these worthless EVs that need daily recharges are adding to the overload of the power grid which is reducing in capacity with coal, gas and nuclear generation going offline to be replaced with failure prone wind and solar. This is being done because the government subsidizes wind and solar but attacks coal, gas and nuclear.
FORD
Found On Road Dead
Hey Ford, Where do you think that the nylon in head liners, pigments and paints, engineered plastics, synthetic rubber for tires and insulation for wires and many other necessary components for any automobile come from? Clue, it ain’t from solar panels and windmills, they come out of a barrel of crude oil!
get woke, go broke
I will NOT buy an EV from anyone. I like my F150 Lariat with 330 ci V8 with enough torque to pull a house off its foundation.
It’s great that you used the English measurement 330 c.i. instead of the communist 5.4L. My F150 FX2 has the 281 cu in 3valve engine and has plenty of power too.
I’ll just settle for my 351 Windsor Engine then.
They’re in bed with the democrats and we’ll be seeing more of this communist trajectory moving the country further to the left.
The Ford Edsel comes to mind. It’s what happens when you learn NOTHING from history.
Ugly, overpriced, overhyped, poorly made and poorly timed, the Edsel was made for only two years. In the end, the failed program cost Ford $250 million [source: Carlson]. The “car of the future” is now a cautionary tale in business classrooms.
Apparently not cautionary enough for “woke” Ford execs. What’s that $250 million in today’s dollars? They may find out.
There was actually a very short lived 1960 Edsel making it a 3rd model year.
Comments are closed.