382746 fords ev war chest is being built out of job cuts and federal loans
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Ford’s EV war chest is being built out of job cuts and federal loans

Ford’s electric vehicle (EV) business’ balance sheet is in dire need of balancing. The Dearborn, Michigan-based automaker is expecting to cut salaried jobs across its EV and gas-engine divisions, as well as its software unit, in the coming weeks, sources told the Wall Street Journal, which first reported on the new round of layoffs. The

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