Northwest's union-busting under bankruptcy, the new business strategy

no doubt about it... bankruptcy is the new business strategy... us airways broke the ground... it's taken united since my birthday, 2002, to bludgeon its employees into submission... now that they've been successful AND managed to shove their pension liability off to the pension benefit guarantee corporation, they've paved the way for northwest, delta and, most recently, delphi, to follow suit... you're gonna see little time wasted in dumping those annoying union contracts, unnecessary pension programs, and trouble-making frontline employees...

Northwest Airlines on Wednesday said it has asked a bankruptcy judge for permission to void its contracts if its employee unions did not agree to concessions worth USD$1.4 billion a year.

[...]

Companies in bankruptcy can use court protection as leverage to extract savings from their labor forces that otherwise might be unattainable. Unions at bankrupt United Airlines, for example, agreed to wage and benefit concessions this year after the carrier asked for court permission to void its labor contracts.

anything in the article about executive and management wage concessions...? funny you should ask... no...

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