Strike at Deere plants in the US, more supply chain shortage to come

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   / Strike at Deere plants in the US, more supply chain shortage to come #421  
I was trying to think of an example of a major corporation that went under because they paid their workers too well.

There must be some examples of that happening.

GM had to go through bankruptcy to shed their unstainable union contracts...

UAW took it on the shorts on that one.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #422  
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   / Strike at Deere plants in the US, more supply chain shortage to come #423  
GM had to go through bankruptcy to shed their unstainable union contracts...

UAW took it on the shorts on that one.
Reminds me of what Bethlehem Steel did to their "retiree's" ...
 
   / Strike at Deere plants in the US, more supply chain shortage to come #424  
GM had to go through bankruptcy to shed their unstainable union contracts...

UAW took it on the shorts on that one.
Forgot about that one. Actually had a relative who got shafted in that deal somehow and he wasn't even union. He was quite bitter and had much to say about unions and their crazy contracts after that.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #425  
GM had to go through bankruptcy to shed their unstainable union contracts...

UAW took it on the shorts on that one.
Thus, I will never again buy a GM or a Mopar for that matter. Government bailout is "free" enterprise??

Cheers,
Mike
 
   / Strike at Deere plants in the US, more supply chain shortage to come #426  
Reminds me of what Bethlehem Steel did to their "retiree's" ...

UAW is doing to deere what they did to GM. Deers's out will be bankruptcy, but it can reorganize in bankruptcy and come out stronger without the labor stranglehold. Employees have no out.

There is a limit on how much labor costs a company can afford.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #429  
UAW is doing to deere what they did to GM. Deers's out will be bankruptcy, but it can reorganize in bankruptcy and come out stronger without the labor stranglehold. Employees have no out.

There is a limit on how much labor costs a company can afford.
You won’t live long enough to see Deere bankrupt. Deere calls this offer their highest and best. Plan on this strike lasting into 2022.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #430  
I was trying to think of an example of a major corporation that went under because they paid their workers too well.

There must be some examples of that happening.
Thousands. Not dozens, or hundreds...... Thousands.

I just can't believe... Nevermind
 
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