Basically, many of the emloyees do not believe the company will close its doors; they think it's a bluff. Others don't care, as they would not mind receivig unemployment compensation and staying home for a while. This vote was closer than many I have seen.
I once closed a business because the Teamsters would not negotiate a wage reduction. The union's bargaining team did not even blink when we announced the closing.
I belive many union thugs think the Feds will come in (sooner or later) and bail them out, somehow.
...insist on this package and lose your job...
1. $16.00/hr = $33,280/yr, + insurance, benefits, pension, etc.
...or approve new contract...
2. $14.50/hr = $30,160/yr. + insurance, benefits, pension, etc.
...or work at McDonald's (if you can even find a job)
3. $6.50/hr = $11,830/yr (35 hr wk), + no insurance or benefits
So, the dummies chose #3!!??
...many of the emloyees do not believe the company will close its doors; they think it's a bluff...
Yeah, saw that happen right here just this year, putting 650 out of work. They believed the Union, that it was a bluff, and refused to take a pay cut. The business went belly up and was eventually resold. If they're lucky, 100 will eventually get some sort of a lower paying job from the scaled-back restructured company.
Unions don't usually care if the people they represent get thrown out of work and the plant shuts down, as long as the Union doesn't "lose". It gives them more bargaining power on the next negotiation with another company and that's all they care about - their own power!
But, do they think bankruptcy is a bluff?