D
Deleted member 17588
Guest
Does this sound eerily familiar?
* "[The company] says it's making a final offer to workers to accept cost-cutting before it asks a bankruptcy court to impose the cuts."
* "[The company wants] unions to accept reduced pension benefits and changes in work rules to lower costs."
* "[The company] wants to outsource some delivery work."
* "The company said Saturday that if the unions reject the offer, it will push ahead with efforts in bankruptcy court to throw out the unions' collective bargaining agreements. A union official warned that could lead to a strike."
* "[The company] filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade."
* "The company's new CEO...wants to cut annual pension contributions from $103 million to $25 million."
* "[The union said the company] had provided only the barest details of how the new pensions program would work, and that employees already accepted big concessions in 2008."
* [The CEO blames the company's] problems on high pension and labor costs that led to insufficient investment in the company and new products."
* "Before the company filed for bankruptcy protection, eight top executives got pay raises last year of up to 80 percent."
The Story Here
* "[The company] says it's making a final offer to workers to accept cost-cutting before it asks a bankruptcy court to impose the cuts."
* "[The company wants] unions to accept reduced pension benefits and changes in work rules to lower costs."
* "[The company] wants to outsource some delivery work."
* "The company said Saturday that if the unions reject the offer, it will push ahead with efforts in bankruptcy court to throw out the unions' collective bargaining agreements. A union official warned that could lead to a strike."
* "[The company] filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade."
* "The company's new CEO...wants to cut annual pension contributions from $103 million to $25 million."
* "[The union said the company] had provided only the barest details of how the new pensions program would work, and that employees already accepted big concessions in 2008."
* [The CEO blames the company's] problems on high pension and labor costs that led to insufficient investment in the company and new products."
* "Before the company filed for bankruptcy protection, eight top executives got pay raises last year of up to 80 percent."
The Story Here