Fortune 500 companies in the red

You would think that the world’s 500 biggest businesses are also the most successful ones, but that’s wrong. There are even some Fortune 500 companies which are losing money! For example:

COMPANY FORTUNE 500 RANK 2006 LOSS
Ford Motor – 12 — $12+ billion
Vodafone — 95 — $10+ billion
Delta Air Lines — 429 — $6+ billion
General Motors — 5 — $2 billion
Coca-Cola — 354 — $1+ billion
TUI — 256 — $1+ billion
Goodyear — 348 — $330 million

These are just few examples of fortune 500 companies in the red. Some of these companies will see job cuts in the next one or two years that should save them $xxx million per year.




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