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

submitted 1 year ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 136 points 1 year ago (23 children)

Wow. I mean, correct me if I'm wrong, but I feel like Ford's future is going to be a struggle.

You can't simultaneously be late to a growing market, back out of a growing market, and refuse to invest in a growing market and hope to succeed...can you?

[–] [email protected] 22 points 1 year ago

Ford? More like the whole Western auto industry.

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