[nonameface]

That is a direct quote from the article. The article states $36B as well, not $360B.

"None of this helps the image of big business. Paying tax seems to be unavoidable for individuals but optional for firms. Rules are unbending for citizens, and up for negotiation when it comes to companies. Nor do profits translate into jobs as once they did. In 1990 the top three carmakers in Detroit had a market capitalisation of $36 billion and 1.2m employees. In 2014 the top three firms in Silicon Valley, with a market capitalisation of over $1 trillion, had only 137,000 employees."

[sharemywin]

I look it up Ford, GM had sales over 100B that year. assuming maybe Toyota as the 3rd.

[hx87]

Market cap tends to be much lower than revenue for capital-intensive industries. Factories, machine tools, and steel cost a lot of money, after all.

[Eridrus]

Making cars is pretty capital intensive; Ford's Market Cap in 1990 was in the ~20bn range depending on what point you look at.

[AnimalMuppet]

> assuming maybe Toyota as the 3rd.

Chrysler.