The Teamsters had their own financial experts look at the company's finances and warned the bakers union that massive layoffs were not simply empty threats designed to force workers into concessions. The company was in a horrible place financially and there was pretty much no way out of it besides cutting costs as they could not stay current on their loan obligations. I'm kind of dumbfounded as to the reactions of some around here as if this was Monsanto or something and I'm curious as to what other options people think they had.
awfulbliss 16th-Nov-2012 06:09 pm (UTC)