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It probably will bankrupt him. But only because he built his business on the basis of exploiting employees. He won’t make money if he doesn’t do that. Which of course means he shouldn’t be in business.
14 points
He is only CEO. Ford going to zero will only sting, it cannot bankrupt him.
Your point remains.
0 points
Exactly. It’s not “his” company, he’s just at the peak of the decision-makers, currently. If he remains (short-term) profit-focused, they’ll give him a golden parachute of most of the workers’ labor to safely land at another company to cut costs and terminate employees and further enrich himself…