Posted on 10/21/2017 6:59:28 PM PDT by SeekAndFind
Funny, not one mention about women and minorities being forcibly integrated into middle and upper management positions, in the name of Affirmative Action, during this exact timespan...hmmmm!
The elephant in the room that no one talks about.
That’s what I posted. Except I capitalized AT&T. So I’m missing your point.
When Southern Bell became at&t, they changed the logo to lower case.
Back to the topic of the main post, I think I read at one point that the lifespan of a multinational is generally about 40 years unless it reinvents itself to something substantially different.
3rd generation sells the company or it goes broke before then.
Each ceo wants to make their mark. Some are good but there are others who pocket lots of money using the company as a piggy bank for themselves at the cost of many thousands of peoples jobs.
My grandfather started a business in 1908 and the grand kids sold it in 2007. Made $20 million / by 5 for the ‘kids’. They sold just for the money as they just maintained the business barely and the cost of repairs and competing with larger companies was more then they wanted to do.
Unfortunately for me it was another side of the family that made the money as my dad sold his interest about 25 years before.
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