Quote:
Originally Posted by farkedup
it needs a bit more than that but simply handing them money is the dumbest thing imaginable.
1) Immediately canceling ALL ad contracts since they spend BILLIONS a year in advertising
2) dissolving the unions or at least bitch slapping the unions into shape. There's no reason for the unions to fund the kinds of things they do.
3) ending all "bonuses" to management
Alright there's a good $4B/yr saved off of expensives just from 1 and 3... #2 could save billions more.
That's without firing anybody yet or shutting anything down....
Sell brands/properties that don't make sense
1) open auction of Hummer, move it for whatever the brand can be sold for. This can be a marketable brand don't just shut it down and disappear
2) GM has an insane amount of intellectual property that could be auctioned off for tons of CASH
There is simply no reason GM should actually go under if they were managed properly. Unions and other bad spending has crippled them.
|
You lost me the second you said cancel all ad contracts. The day you stop advertising is the day your company starts dieing. - Someone else said that and I am firm believer. I think it was Wrigley, not 100% sure.