Thread: GM Bailout Plan
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Old 12-06-2008, 08:37 PM   #19
TheSpecialist
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Quote:
As for the unions, I don't blame them for holding their ground as any concessions they make now will open the door for more concessions in the future. Problem is there will be no future for them if they don't drop their pants now and go into survival mode.
SO what are the CEO, Cfo, and every other management type going to concede?

It seems to me that without the autoworker you have no product to sell.

Who needs all the upper, and midlevel management?

What they need to do is structure new contracts to get away from pensions funded by the company, and go to soley 401k's with corporate match for any new employee, and give a cashout incentive to current employees to leave the pension now.

Why does everyone want to stick it to the working people all of the time? They didn't ruin the company, the people at the top did, they agreed to everything the unions asked for.

Quote:
While the companies' efforts are aimed primarily at appeasing lawmakers and overcoming bailout fatigue among many Republicans and some Democrats, the managers are also sending a signal to the United Auto Workers union. UAW President Ron Gettelfinger said recently that the union would consider new concessions to save the industry but only if other parties share in the sacrifices.
It seems that the Union is willing to make some concessions as long as management does the same..



http://detnews.com/apps/pbcs.dll/art...TO01/812040373


Here is some interesting stuff to chew on..

http://www.uaw.org/auto/12_02_08auto1.cfm

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