Only In The US
Both Steve of No More Mr. Nice Blog and John McKay of Archy noticed the announcement that having lost over $10 billion last year Ford is considering giving managers bonuses to keep them. In most of the rest of the world, and in sports teams in the US, when the organization is a loser you fire executives, or at least cut their salaries for the poor performance. Ford is going to pay the people in charge more money for failure.
Steve also quoted the part of the article that indicated that Ford is going to ask for concessions from the unions to “turn things around.”
Lets see, the people who actually make the products that the company sells are expected to take a pay cut, because the guys at the top had them make products that people don’t want to buy. The guys who decided to build the products that no one wants get bonuses. I guess you have to have an MBA to understand this logic.
