Daihatsu, the Japanese automaker owned by Toyota, has halted domestic production after admitting it forged the results of safety tests for its vehicles for more than 30 years.
Daihatsu, the Japanese automaker owned by Toyota, has halted domestic production after admitting it forged the results of safety tests for its vehicles for more than 30 years.
I don’t think that’s the way to do it. The workers who have nothing to do with it get shafted by losing their jobs and there is a little less competition in a world where there isn’t enough in some industries. I think long jail sentences will the best deterrent. Fines only do so much. C-level executives needs to start going to jail.
But that would encourage workers to speak up if they see their companies doing something wrong because it could make everyone lose their jobs. I think that would be a benefit overall.
I agree people should go to jail too. For sure
Shutter a company and instead of a fine force the company to continue paying those workers at full pay for a defined amount of time like 5-10 years.
where is the money going to come from if they can’t sell anything?
5 - 10 years is a bit much, but liquidate the entire company, assets, buildings, real estate, etc. pay the executives $0, and continue salaries for as long as possible with those funds.
If they don’t have the cash on hand to survive payroll for 5 years they’ll have to liquidate assets and let people know they won’t be able to reopen so should try and find employment elsewhere while using the asset to pay them for the 5 year period wether they get a job elsewhere or wait to get a job after that 5 years.