Technology

58141 readers

4310 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

281

Ford lays off 700 who were building electric version of F-150 | CNN Business (www.cnn.com)

submitted 11 months ago by L4s to c/technology

58 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 0 points 11 months ago* (last edited 11 months 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.