Ford Cuts 350 Connected-Vehicle Software Jobs in US, Canada
Ford Cuts 350 Connected-Vehicle Software Jobs in US, Canada

Ford Cuts 350 Connected-Vehicle Software Jobs in US, Canada

News summary

Ford Motor Company is cutting approximately 350 connected-vehicle software jobs in the U.S. and Canada, representing about 5% of its connected-vehicle software team, as part of a broader strategy to improve operational efficiency and align talent with company goals. The layoffs are not related to import tariffs or the discontinuation of Ford's next-generation electrical software architecture, known as FNV4, which was merged into the existing FNV3 platform to save costs and streamline development. The FNV3.X platform aims to provide faster over-the-air updates and enhanced vehicle features, but the consolidation signals limited returns from the multi-year, billion-dollar investment in FNV4. Ford emphasizes that these organizational changes are intended to ensure the company can deliver next-generation connected vehicles effectively in a dynamic environment. Despite these cuts, Ford maintains a significant cash position and liquidity, continuing to invest in its software and electric vehicle strategies. Overall, the move reflects Ford's efforts to balance innovation with capital efficiency amid evolving market pressures in the automotive industry.

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