Ford wants over $100k per employee from government
Posted in Businesson Dec 2, 2008
Quick Sanity Check!
Today Ford Motor Company asked for $9 Billion in loans from the government, and promises to return to profitability within two years. According the the Ford Wikipedia article, Ford employees 87,700 people.
Doing just a little bit of math, dividing $9B into the number of employees, the Ford bailout is equal to $102,622 per employee. It seems a little excessive.
