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#11
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In article <16115-43862EA8-261 (AT) storefull-3278 (DOT) bay.webtv.net>, pisanochas (AT) webtv (DOT) net (Charles Pisano) wrote: It is still sad that people are losing their jobs before the holidays. Shows true colors of GM. Management over there plain sucks. ------------ Yeah...The rank and file had NOTHING to do with the demise of GM?? I love it... Why don't the workers go running to the union and management to give 'concessions' during bad times, the same way they do for contract enhancements when things are rosey?? CP They did this at a major airline which just went bankrupt. Pilots for instance gave up about 23 percent pay cut, they wanted something like 17 percent from the mechanics, but they chose to go on strike, LOL, now the company is hiring their replacements. Foolish union workers. Baggage handlers were smarter, they took a pay cut too. Some will still lose jobs however. It's a messy deal all the way around. And yes the stock holders took a hit too. From what was a $35 dollar/ share company a few short years ago is now measured in pennies. Last I looked about 50 of them, LOL.. Under tight management, hopefully GM will regain itself after making these hard choices. Of course the workers will align with the patronizing democrats and blame big business, but the fact is if you, I or a big company don't have enough money coming in to cover your debt, then you and the big company are in trouble and we have to cut overhead, like sell your brand new car or playtoys you just bought, or in the case of a big company, close plants and lay off workers. It's a fact of life. -- |
#12
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The fact is that if you make lousy cars, every year you will sell less of them as people figure it out. GM likes to put a car on the market when it is 80% right. When it doesn't sell, instead of fixing the problems they spend a billion dollars on a new generation platform. That hits the market when it is about 80% right. It doesn't sell. Time to spend a billion on a new platform again. And so on. It took a while but potential customers finally caught on. ".dbu." <foolishlefties (AT) Zapem (DOT) com> wrote in message news:foolishlefties-8DC813.18344024112005 (AT) news-rdr-01 (DOT) rdc-kc.rr.com... In article <16115-43862EA8-261 (AT) storefull-3278 (DOT) bay.webtv.net>, pisanochas (AT) webtv (DOT) net (Charles Pisano) wrote: It is still sad that people are losing their jobs before the holidays. Shows true colors of GM. Management over there plain sucks. ------------ Yeah...The rank and file had NOTHING to do with the demise of GM?? I love it... Why don't the workers go running to the union and management to give 'concessions' during bad times, the same way they do for contract enhancements when things are rosey?? CP They did this at a major airline which just went bankrupt. Pilots for instance gave up about 23 percent pay cut, they wanted something like 17 percent from the mechanics, but they chose to go on strike, LOL, now the company is hiring their replacements. Foolish union workers. Baggage handlers were smarter, they took a pay cut too. Some will still lose jobs however. It's a messy deal all the way around. And yes the stock holders took a hit too. From what was a $35 dollar/ share company a few short years ago is now measured in pennies. Last I looked about 50 of them, LOL.. Under tight management, hopefully GM will regain itself after making these hard choices. Of course the workers will align with the patronizing democrats and blame big business, but the fact is if you, I or a big company don't have enough money coming in to cover your debt, then you and the big company are in trouble and we have to cut overhead, like sell your brand new car or playtoys you just bought, or in the case of a big company, close plants and lay off workers. It's a fact of life. -- |
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