Ford cuts 3,000 jobs as it focuses on electric vehicles and software

Aug 22 (Reuters) – Ford Motor Co. (FN) said it will cut a total of 3,000 paid jobs and contracts, mostly in North America and India, as it restructures to catch up with Tesla Inc (TSLA.O) in the race to develop software-driven electric vehicles. Ford CEO Jim Farley has been saying for months that he …

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