| reply to fAcEtIOUs
Re: they caved Nothing wrong with that. It protects existing workers, while helping to offset costs in the future. It's a win for both sides in some sense, and a loss in others. You can't always have your cake and ice cream too. Companies have bottom lines, stock holders, and profit margins. A company has to balance this out with what they pay and contribute to workers. As let's face it, hard numbers aren't profits. If your company takes in X number (lets give an example 8 billion. 5 or 6 of that might be operating costs. Such costs might include worker pay, benefits, network upgrades, future build out, profits to stock holders, etc etc. So the company then is left with their profit margin of 2-3 billion in this example (not a real number) to play with. As we know, profits can go either way. Companies HAVE to put some aside for rainy days, in case fortunes turn. It's only common sense. This coming from someone who is extremely pro union. More or less its a negotiation and balancing act for both sides and costs. |
