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After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down(web.archive.org)

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JCPhoenix@beehaw.org
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usnews@beehaw.org
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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.

Original NYT link.

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zalack@kbin.social
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At 30,000 employees that’s only $23,000/person. I’m sure payroll alone is well North of $700M per year.

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falsem@kbin.social
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Thanks for doing the math

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