The Cruise debacle is interesting to say the least. I’m wondering how this’ll affect Honda’s investment in Cruise and the robotaxi planned to launch in Japan.
The Cruise debacle is interesting to say the least. I’m wondering how this’ll affect Honda’s investment in Cruise and the robotaxi planned to launch in Japan.
so a company complaining to high heaven about their workers wanting too much when they just want to feed their families why are they doing a stock buyback or dividend at all. They should be using that money to pay their workers a livable wage and right the ship and that is actually in the best interest of the stockholders.
They probably have a lot of loans underwritten by stock, so they need their stock price to stay at certain numbers or else their credit rating gets worse and they have to pay more to service their debt.
Unless you are a car company that takes pre-orders, people only pay for cars after they are made. So you either need to hoard cash or take on debt in order to maintain consistent cash flow.
Issuing and buying back shares is a pretty common way to handle cash flow and is really a separate issue to living wages and employee compensation.
You’re thinking like a regular person. Think like a capitalist that makes their money off exploitation and you’ll get there.