Brilliant!
The reality is, they can take the wage cuts or kiss the jobs away forever.
Yeah, it's always smarter to lose your job and the company that provided it, rather than take a cut in pay and allow the company to regain its financial footing.
Government economics 101.
These clods and lazy management have priced themselves out of the market.
Ok. So I'm assuming the price of a bankrupt company with "...185,000 workers worldwide..." can easily be bought by these employees who would then be free to raise wages as they see fit.
Management gets the union it deserves.
$27/hr??? For assembly line labor???
Dream, on, crybabies, the party is over.
The unions are not killing the industry, rather slowly milking it until the end. They know very well that China, et al, are their demise.
"proposed cuts -- from $27 an hour to between $10 and $12.50 -- are unfair,"
$10 an hour sounds a lot more reasonable for the type of unskilled labor they do than $27 an hour. They can have a job that pays $10/hour or no job at all.
There is one certainty...... parts made by Delphi after the bankruptcy won't be worth the cardboard boxes they come in.
Indiana union workers are a vindictive lot and will crap in the stew.
I had the misfortune of having one of the last jobs out of a majot metal fabricating plant in Indianapolis. They made the last run on top of the building a half inch too short. By the time I got there to inspect before shipping the workers were gone and the supervisors had to make it all over again. It took weeks to get new material, have it fabricated and finished.
The plant floor looked like a war zone. The fabrication involved studwelding fasteners to the panels and the workers would hurl the studs across the shop. The wire glass enclosure to the supervisors office was pocked with the stud marks.
The great American union workingmen can become vindictive terrorists. the 60 day laoff rule was written to provide a revenge period.
Better to be unemployed at $27/hr than to work for $14/hr.
Talk about a bunch of brain dead folks!
These people are going to end up singing Solidarity Forever in an unemployment line.
Let them all go start businesses of their own so they get a dose of reality.
Stupid is as stupid does.
Unions have outlived their day. We have enough laws in place now to protect workers.
Even the reality of bankruptcy is not enough to make the UAW realize that it's killing its own industry and destroying jobs.""
They are the most self-delusional group in the USA, IMO.
You willing to take LESS money as earned income?