The loyalty of companies ended when the lawyers and bean counters took over US corporations in the 1970’s and 1980’s from the marketing/sales and production/R&D executives. Financial people and lawyers do not make thing or sell things and therefore do not driver innovation or customer satisfaction which is critical to the success of a business.
The 1980’s brought a wave of financial manipulation by Wall Street investment banks and hostile takeovers by corporate raiders. Takeovers resulted in massive downsizing of acquired companies and asset stripping that destroy jobs and once great businesses. The 1990’s brought “free trade” and the outsourcing of US manufacturing to other nations resulting in the destruction of the blue collar middle class.
Corporate loyalty died on the vine of financial greed driven by Wall Street banks, financial corporate executives, and the politicians who enabled them. They fundamentally changed the capitalist system in the USA. Loyalty died with the millions of jobs erased by the raiders and the globalists.
The loyalty of companies ended when the lawyers and bean counters took over US corporations in the 1970’s and 1980’s from the marketing/sales and production/R&D executives.
^^^^^^^^
This!