I believe that many unions coach their members to distrust management ... whatever is said. But the unions rarely do anything in the way of an investigation to see if the company's finances are as precarious as management says. That's union malfeasance, IMHO.
I believe that many unions coach their members to distrust management ... whatever is said. But the unions rarely do anything in the way of an investigation to see if the company's finances are as precarious as management says.I'm only going by what the article stated, that the company had been in Ch. 11 since March 2002. A law scholar I am not, but it seems like it would be pretty hard to fake financial problems for that long, and the employees should have picked up on that. I sure wouldn't have given up a good job like that for a buck-fifty less per hour, in a locally depressed economy. Crazy. Special Metals Shrugged.