drrod Wrote:
Nov 16, 2012 8:39 PM
Joseph, would you work for $10.00 per hour? This is what these employees would make after the second bankruptcy. There is a point of diminishing returns. Remember these employees were making $45,000 in 2005. I get your point about customers stop buying at a certain price point. It would be better to have a job, I agree, but these workers find that they can get more on unemployment while they look for another job. I wish this were not the case but it is. I blame management for ruining the company. I mean two bankruptcies within 7 years. It can't be all about wages paid to the employees. Other companies making similar products are able to make a profit with the same union workers. Just saying.