4 ms·
Is this a story about how a new CEO destroyed a company? Or how the UAW got too greedy and destroyed a company?
by phendrenad2 3y ago
Is this a story about how a new CEO destroyed a company? Or how the UAW got too greedy and destroyed a company?
- grouchomarx 3y agoDon't see union greed as a component of this story. Sounds like Archie's "rigid bargaining stance" blew up in his face when the UAW waited him out for six months
- phendrenad2 3y agoYes, that's what Wikipedia says, basically verbatim. But is that fact internally consistent with the rest of the story?
- clipsy 3y agoIt would save everyone a lot of time if you'd just make an argument.
- phendrenad2 3y agoI did. It takes a few more clock cycles to process I guess.
- grouchomarx 3y agoYou have a keen eye. You'll notice too that OP linked to wikipedia directly
- faeriechangling 3y agoUAW represents the staff of multiple companies, this CEO represented one. Not sure why the CEO expected the UAW to bail him out of his suicidal negotiations when they had less to lose. He also kept giving out bonuses to the salaried employees while playing hardball with the union, which is just petty, spiteful, and vindictive. He also didn’t cut his own salary. He put the union in the position they couldn’t opt to cut their salaries to save the business because he was intentionally enriching everybody BUT the union while the company failed.
- genmud 3y agoYea, like how they destroyed Ford, GM and Chrysler? While the auto industry recovered, International did not. Unions were willing to work with other companies in the early 80s during the oil / financial problem, but from everything I read it was a two way street and their priority was the workers they represented.