And with the white-collar expense cuts, 10%, should we assume that’s 2,200 involuntary cuts by the end of January?
Alan Mulally
That 10% is in total cost. So it doesn’t translate into a specific number of employees.
Lillian Etzkorn
Katina we now have time for one more question to take please.
Operator
Your final question will come from the line of Joann Muller representing Forbes Magazine. Please proceed.
Joann Muller – Forbes Magazine
Hi, Alan I just got to the wire here.
Alan Mulally
How are you?
Joann Muller – Forbes Magazine
I am fine thank you.
Alan Mulally
It is good to talk to you.
Joann Muller – Forbes Magazine
Yeah I will ask this sort of two parts here. One is kind of a brief one. You mentioned a couple of times you are talking to other governments around the world. Can you be more specific? Are you talking about similar types of loan programs in Europe or Asia that the U.S. Congress is also considering?
Alan Mulally
Our international leader has just parachuted in. So, Lewis we will love your perspective.
Lewis Booth |