No surprise here. Corporations are expedient. Decisions made today to save 10 cents that will cost the company $100 later.
There is a way that seemeth right to man, but the end thereof is destruction.
Example: American Airlines. Stockholders lost, employees lost. So who won. Well the 30 or 40 guys at the top of management THOUGHT they were going to win BIG. Now with a merger likely, it will be down to 3 or 4 FAT CATS.
AND nobody tries to stop it.