George Tannenbaum on the future of advertising,
the decline of the English Language and other frivolities. 100% jargon free.
A Business Insider "Most Influential" blog.
Tuesday, July 15, 2008
Big changes at GM.
GM is in the metaphorical toilet. From their peaks, sales of some brands are down, literally, on the order of 70%.
Fortunately, GM is taking their sales cataclysm seriously. Now as GM is about to divest themselves of redundant brands, as their stock price is at a half century low, as they teeter on the brink of bankruptcy, they have finally decided to eliminate executive bonuses.