Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles
Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles
![](https://beehaw.org/pictrs/image/7f294d8f-a241-4550-a2ba-263b48fb2041.webp?format=webp&thumbnail=128)
jacobin.com Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles
Big Three executives are claiming that UAW demands, including a just green transition, are too expensive. This is an obvious misdirection: the real sap on company finances is the billions of dollars in stock buybacks and executive compensation.
![Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles](https://beehaw.org/pictrs/image/7f294d8f-a241-4550-a2ba-263b48fb2041.webp?format=webp)