Where is your response to the above S4L? You seemed to have all the answers before!
With that said, Unions had their place but will soon be obsolete just like analog television transmissions. Getting paid approx. $70 / hour to perform menial tasks will soon be a thing of the past. Enjoy the gravy train while it lasted.
It's a simple math equation.... Do I have enough money from sales to pay the biils and employees.
Answer: No, then something has to go or be cut....
I agree the bonuses are paid to people that are definately part of the problem but it appears to me from the outside looking in that the UAW is saying look at those terrible bosses for getting paid more that what they deserve and on the flipside there is the management looking at the UAW and saying the same thing...
In the end your both standing there unwilling to concede a cent and while your arguing who is most important your letting your company waste away and in the same breath asking for me to give you both money to get out of the hole....
You better get real and figure it out quick! Your gonna stand there and fight for what you believe to be unfair and then life is going to catch up with you and your gonna be fighting for a job delivering pizzas........
Save me the drama of trying to turn the blame on the managment, if I'm flipping the bill then I want you all gone.. I will give the jobs to people that are making $10.00 an hour now that would be very grateful for making 25.00 and hour...
Cap
aww Fort Wayne had one of the largest Nestle plants in the country sir Einstein, but I would not expect you to know that... They went on strike and they closed the plant and moved it... (headquarters are not always the center of activity, many companies use NY/CA addresses and are actually many miles away with production..)
GM had a number of strikes that affected them over the last few years (Fort Wayne is home of one of the main pickup truck plants) strikes by the "OTHER" unions (trucking, assy line workers etc) cause serious issues and shut down production.. As I recall they lost about 4 weeks to these shutdowns..
Also in Sept of 2007 GM strikes closed plants for 57 days.. Now you may know a different set of economics and production rules than I do but it takes a couple weeks to get these things running again after people come back to work.. considering a margin of 7% is usually pretty good, I think 60+ days shutdown probably hurt the profits for a few years..
Unions got greedy on their own behalf and that of the workers.. workers pay dues, the union has this need to prove they are worth those dues.. such a waste..
would you take a 50% wage cut? would you take a dramatic cut in your health insurance benifits? would you work for straight time after 40 hours? would you accept a total loss in your pension? what the hell makes you think i or anyone else would either? these are the cuts that the "company asked us to take...what a joke!
Here's the choice. Accept these changes, or accept a 100% wage cut, total lack of health insurance benefits and total loss of pension.
Fact is, if you fight your company into the ground, it and your job will be gone. I feel sorry for you guys, I know it's tough when there are not alot of jobs to be had.
Instead of complaining about it, do something. Move to another area where there are more jobs. Tell your union you don't want your dues supporting golf courses (FOXNews.com - Autoworkers Union Keeps $6 Million Golf Course for Members at $33 Million Lakeside Retreat - Local News | News Articles | National News | US News). There is no law that says a company has to remain in business. If the shareholders agree it's a lost cause, the doors will close. Good luck.
blinded by the light...
I doubt you he will ever open his eyes to the big picture.. management did make a mistake.. they bent over backwards to try and keep the lines running while giving into suicidal demands made by labor... the 60 days that GM workers went on strike did massive damage to the company and their (many of the workers) crappy work ethic (read higher labor costs per car) did even more to ruin a company..
business seeks to minimize losses what ever it takes.. if a bear attacks you, you are going to get shredded, but if you play dead, you might survive.. in this case, they are probably going to die and there will be something to take its place that can compete..
Son, time are a changing...would you take a 50% wage cut? would you take a dramatic cut in your health insurance benifits? would you work for straight time after 40 hours? would you accept a total loss in your pension? what the hell makes you think i or anyone else would either? these are the cuts that the "company asked us to take...what a joke!
It would appear fairly obvious you are one of the "union" workers correct?
So management not only is stupid for signing the contract, they are also stupid for ingesting more capital in a market that has almost halted to a dead stop?
I agree that business tries to lessen losses, so why didn't they take these steps in 2007 instead of making more? Why didn't they part those vehicles out and full fill their part order needs rather than wasting more cash in warehousing them? (btw that also drove customers away...who wants a car they can't get parts for...but then again that was probably the union's fault also since most the parts in question are OUTSOURCED parts that could have been ordered in and resold)
So management is not responsible for contracts, regaining capital, taking care of their customers or overseeing and ensuring quality goals are met.
So at this point they are responsible for making dumb commercials, designing vehicles no one wants, cutting checks and passing the blame?