Re:Volkswagen plans 30K job cuts worldwide
by notatoad on Friday November 18, 2016 @01:15PM
(#12988792)
I think that sort of profit reporting is similar to the games amazon plays - pick the lowest reported profit your investors will stomach, and make sure to spend enough money on other stuff to make your profit equal that number. If VW experienced a relatively small drop in car sales, they could just stop plowing money into vanity projects like Bugatti or various other long-term R&D to maintain their 2% margin.
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