Barra is textbook modern day CEO. Cut cut cut until the stock price goes up. They no nothing after recession of 2008 on how to invest properly in growing businesses and operating. Only cut when stock prices are threatened. No difference in any other public traded company unfortunately
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Lol @Xw1m17b-hka
Good ol' trickle-down economics. Reliably working eventually, at some point in time, just wait on it... Since the 80s.
"I vote that we give corporations more tax cuts. Surely then something will trickle down. We've sunk 30 years into this strategy, don't stop when we're so close to the finish line."
I heard that Lear Corp is going to fire few 100 white collars workers... so do not apply for work there...
Mary’s strategy is questionable. Who will purchase electric and autonomous cars? I question everything that she and Mark Reuss pushes from now on..! If they claim we are in deep yogurt and we need to reduce staff...then under whose watch we got into deep yogurt in first place? MARY AND MARK .... fire them both.
Conflating two issues.
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Fat cats are getting most of the goodies, but
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Everything s---s for the rest when the economy stinks.
The darkness has always shown up after the tax-and-tax-and-spend-and-spend. In fact the spend and spend part is what GM just did to itself!
Excellence and education brings comfortable money. Studies shows that's where most of the happiness comes from anyway- comfort rather than struggle.
I vote that we give corporations more tax cuts. Surely then something will trickle down. We've sunk 30 years into this strategy, don't stop when we're so close to the finish line. \s
Companies can become great only by innovation, not by cutting costs like this and it will one day backfire on them.
By you? The board seems happy
Barra will be kicked out soon with her CFO.