Yellow, which received a pandemic loan, is winding down operations ahead of an expected bankruptcy filing. The closure of the company would mean the loss of about 30,000 jobs.
  • Olgratin_Magmatoe@lemmy.world
    211·
    1 year ago

    $757 billion has been forgiven in PPP loans. That $700 million figure is just from Yellow alone.

    Forgiving student loans is a drop in the bucket in comparison to the bailouts the wealthy get.