2 ms·
> Unions implemented this policy because companies were wiping out older workers because they were more expensive in terms of wage and healthcare. This is esse
by Godel_unicode 10y ago
> Unions implemented this policy because companies were wiping out older workers because they were more expensive in terms of wage and healthcare.
This is essentially what GP is saying. Unions kept the expensive older worker at the expense of firing the younger workers. If the workers they keep are more expensive, then they have to fire proportionally more younger workers to make it up.