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by WarOnPrivacy 217 days ago
> why can’t CEO Farley?

I'm guessing it involves some front-end expense - which (like all business expenses) are at odds with shareholder wishes.

1 comments

> Net worth: 30 million.

He can easily finance a small trade school as a pilot project on his own, without shareholder approval.

So does he think it has ROI or no?

Why should he do that? He isn’t the owner of Ford. What if he gets fired like his predecessor?
Well if what he said is true it wouldn't matter because he would have a school that profits off of training supposedly in-demand skill sets. Unless of course he is lieing and mechanics are paid like garbage but he needs someone to blame for the poor reliability of current Ford vehicles and is angry he can't get more people fixing them despite them often making below the median US wage.
Either he thinks it’s a worthwhile pursuit or he doesn’t.

If his point is that it’s only worthwhile when the public subsidizes the cost, then he’s just yet another rent-seeking millionaire looking to profit off the taxpayer’s dollar at no risk to either himself or Ford.