Is GM's Worker Buyout Offer Insulting? [View article]
I was not "gloating" about the treatment of auto workers. Only pointing out yet more evidence of their detachment from reality of other industries. The vast majority of workers who will be let go in this recession will get a few weeks or months of severance pay depending on their length of service. There will be no buyout payments offered. In light of the fact that GM continues to hemorrhage cash, I am actually surprised that they feel they can do another round of buyouts.
On Feb 04 09:23 AM Tomas04 wrote:
> It's pretty sad times when people get excited over others mistreatment. > We are all in for a very rocky ride and yes the union workers for > the auto plants will get hurt in the end here but is that something > to gloat about?
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I was not "gloating" about the treatment of auto workers. Only pointing out yet more evidence of their detachment from reality of other industries. The vast majority of workers who will be let go in this recession will get a few weeks or months of severance pay depending on their length of service. There will be no buyout payments offered. In light of the fact that GM continues to hemorrhage cash, I am actually surprised that they feel they can do another round of buyouts.
Feb 04 10:52 am
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All Comments by Pent up demand »Is GM's Worker Buyout Offer Insulting? [View article]
On Feb 04 09:23 AM Tomas04 wrote:
> It's pretty sad times when people get excited over others mistreatment.
> We are all in for a very rocky ride and yes the union workers for
> the auto plants will get hurt in the end here but is that something
> to gloat about?