MaggieD
DP Veteran
- Joined
- Jul 9, 2010
- Messages
- 43,244
- Reaction score
- 44,664
- Location
- Chicago Area
- Gender
- Female
- Political Leaning
- Moderate
So your position is that management bears NO responsibility for the failed business? :doh
They probably do . . . but since they're a privately-held company, they're reaping what they've sown. If the union couldn't get past the blame game, shame on them. "It's their fault!!!" WTF difference does it make if the company is going down?
The union could have chosen to bite the bullet and be part of the solution. They chose to become a part of the problem. Defined benefit pension plans are going to be the death of us. They really are.
What sense did it make to "fire themselves" from their jobs? Take the offer and look for new ones if you think you can do better...in the meantime getting a paycheck.
No? Okay then. No paycheck. Unemployment probably 75% of what the new offer was, if that. No healthcare. No pension contributions. These older guys who think their pension is safe? They are going to be in for a very pleasant surprise. What's projected they would earn at retirement? Frozen now. They were penny-wise and dollar foolish.
And I don't care whose fault it was.