SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tejek who wrote (541006)1/5/2010 5:51:16 PM
From: SilentZ  Read Replies (1) of 1575622
 
>Frankly, the level of incompetency must have been pretty high at GM for them to sign union contracts that made it difficult for them to make money

That's not it. When they started signing them, they never anticipated having to compete with companies that don't have the same types of contracts. But over the last thirty years, aside from the Japanese/German/Korean automakers getting better and having the benefit of government-insured healthcare in their own countries, we've allowed those same companies to open plants here where they have no legacy benefit burden and in places like the South where unions were weak.

-Z
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News