Friday, January 26, 2007

Ford Posts Record Losses, Considers Bonuses for Top Executives

Let's say that you were the Board of Directors of a company that just posted a loss for 2006 of over 12 Billion Dollars. Would you give your executives a bonus because of their performance? According to the story linked to in this entry's title, that is exactly what Ford Motor Company is considering. At a time when over 30,000 employees are looking at losing their jobs at Ford, its market share is falling, and it is struggling to stay ahead of Toyota as the number two car seller in America, Ford Motor Company is considering bonuses for their executives.

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