Companies exist for the benefit of their stockholders NOT their employees. That is Capitalism. Whatever Ford does to protect their stockholders is all I care about.
What a nice guy you are.
Their stock is a Junk status right now.
Actually companies exist for the benefit of the country. That is until they become internationalists who don't give a damn about the welfare of the United States.
You had better be concerned about employees because it is from them that the unrests arises that destroys nations.
You need a soul.
Management will keep their jobs; dealers will not have to eat outstanding debt or overstocked SUVs; suppliers won't be stiffed.
Won't be any profit, but what the heck ~ Ford continues to have stockholders who think all this stuff protects their equity stake.
ALL Organizations exist for the benefit of the individuals that make up the group...at least under freedom of association. That includes employees and shareholders.
If not, they will cease to exist.
Existing exclusively to sell stock (and not product) is what has gotten Ford and the rest of the US manufacturing in the state that it is in. ...with a buch of help from the IRS and Unions.
I am well aware of the principles of capitalism. What I dislike on these boards is the sheer delight some of you take when people lose their jobs. It is disturbing. Also, I read these postings. My husband works for GM-just got transferred to Janesville WI. I am sick and tired of hearing about the superiority of foreign cars and carmakers. I consider it unpatriotic. GM now offers the best warrenty in the business-100,000 miles (come with the car). They have confidence in their product obviously.
What you and others fail to understand is that the deck is stacked against American auto manufacturers. Japan is allowed to sell in this country at a lower price because they can make it up at home-American cars are kept out of Japan using dirty tricks. Japan subsidized their car manufacturers. This is strictly against the WTO rules. However, the WTO is a bastion of American haters so ths will never be addressed. All American Manufacturing is requesting is a level playing field. The people losing their jobs at Ford are doing so not because of capitalism, but because of unfair and poorly implemented trade policies.
Our government over-regulates American business and turns a blind eye to flagrant abuses of the trade laws by foreign competitors. You may think that people losing their jobs is good for stockholders-maybe for a while. However, we will lose stability in our society and will end up with national healthcare and a host of social programs. How ironic that misapplied capitalism in the form of trade policies may in the end bring about
socialism in the United States.