Last week, 8,700 union members stopped working at the largest and most profitable Ford plant in the world, the Kentucky Truck Plant in Louisville
  • ChunkMcHorkle@lemmy.worldEnglish
    141·
    1 year ago

    The problem is that if he doesn’t continue to do that, he will be fired. That is literally the CEOs only responsibility, to the shareholders

    Bill Ford not going to be fired, or even reprimanded. He’s literally a Ford of the founding Fords, “the great grandson of company founder Henry Ford,” with an ownership stake: it’s the family business.

    This is ALL about profit, even for him. All carrot, no stick for him personally.

    • ArbiterXero@lemmy.worldEnglish
      11·
      1 year ago

      Sure, but the only available stick would be that he “isn’t looking out for the best interests of the stock holders”