Join Date: Apr 2008
Location: Industrial Drive
Quoted: 176 Post(s)
Rep Power: 16
Total Points: 2,000,149,872,592.02
Yeah, not a bad read but the entire article was appealing to the readers emotions. Naturally I didn't bite.
I agree with this. Good business move. Are they slaves? No....depending on their skill set and what they think they're worth, they can go elsewhere. We don't have jobs just for the sake of having jobs. Some of these people think they own these plants...like it's Marx's workers self-management or something.
Bain's first move was to fire all 258 workers, then invite them to reapply for their jobs at lower wages and a 50 percent cut in health care benefits.