Reminds me of my post on Jim Press leaving Toyota. That was the final confirmation to me that American employees are not very loyal as a generalization. I couldn’t help buy notice Toyota’s replacement for him as President of Toyota USA, was a Japanese person.
Thing is with employees is true wealth is gradually building up an employees skill and experience over decades. Raising their rank one small step at a time, just like in the military. And staying with one company. Like a Karate master, becoming a master over many years.
Why hire an American who you put so many years of development into.. when basically guarunteed at some point they will jump ship. Taking their experience and skill with them.. and worrisome, taking proprietary information with them.
Sure for little companies it doesn’t matter so much. But for great multinational corporations. Btw its not that american corporations are blameless.. not at all. Its a chicken and egg argument about who caused it.
BWAHAHAHAHAHAHA!
How 'bout holding some of those multinational corporations to your "true wealth" standard?