xUT
Veteran
Well stated!There is nothing in it for employees except more pain. Mergers are not about or for employees or even for the "company". Mergers are about putting a lot of money in the right persons pockets.
The 'select few' (Executives, BOD, financiers, etc) will continue to reap growing compensation and bonuses while the 'unwashed masses' continue to take it in the shorts.
Just think, a US/AA merger (after BK exit) would be of great benefit as the employees try to integrate seniority lists. This would stagnate wages for another 10 years (or more) and would be brilliant for the 'select few' to skim profits as the fractionalized 'unwashed masses' fight over pennies.
Same can be said with BK.
IMHO,
B) xUT