[New post] Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles

nemonemini posted: "Big Three executives are claiming that UAW demands, including a just green transition, are too expensive. This is an obvious misdirection: the real sap on company finances is the billions of dollars in stock buybacks and executive compensation. Source:" 1848+: The End(s) of History Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles nemonemini Sep 28 Big Three executives are claiming that UAW demands, including a just green transition, are too expensive. This is an obvious misdirection: the real sap on company finances is the billions of dollars in stock buybacks and executive compensation. Source: Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles Read more of this post Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from 1848+: The End(s) of History. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://redfortyeight.com/2023/09/28/automakers-are-investing-in-stock-buybacks-instead-of-workers-and-electric-vehicles/

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