Quote:
Originally Posted by ChevyRules
Companies go down due to bad management( generally barring extreme outside forces like 9/11 did to the airlines). Labor only hurts when they try to turn it around.
It’s also hard to convince labor to give concessions when management is given bonuses for said concessions despite the company telling the labor if they don’t they will file bankruptcy.
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I don't disagree. But one aspect of bad management is making expensive, unsustainable concessions to unions.
I do completely agree, however, that management should not be rewarded for sucking. It is beyond ridiculous that a CEO can be a compete failure and still get a $50 million parting gift.