Ford is laying off all 1,600 employees at its Kentucky battery plant. The company will convert the facility to produce batteries for data centers and utilities. This strategic pivot follows a lack of consumer demand for electric vehicles. Ford expects a $19.5 billion loss during this transition away from EV production. The company plans to hire 2,100 new employees for the reconfigured plant.
https://www.wdrb.com/news/business/all-1-600-kentucky-battery-plant-employees-laid-off-as-ford-pivots-away-from-ev/article_32ef2a58-eb9d-4bf4-820d-c2417b6793ea.html