Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union.

Ford lays off 700 who were building electric version of F-150 | CNN Business::Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union.

  • CmdrShepard@lemmy.oneEnglish
    11·
    1 year ago

    They didn’t confirm that Ford didn’t receive a bailout just that Ford didn’t participate in TARP. Ford took a $7B government loan in 2009 and didn’t even finish repaying it until last year. GM took their $8B bailout in 2009 and repaid it all in 2010.

    https://www.freep.com/story/money/cars/ford/2020/07/29/ford-government-loan-department-energy-debt/5526413002/

    I love all the high-horse “downvoting, mob-mentality, poor reading comprehension” comments in this thread when none of these people bothered to do more than read a single comment and click one link before assuming they had a full understanding of the facts.