SEARCH BLOG: UNIONS
The sale of Chrysler to a private investment group may have some broader implications among the automobile manufacturers.
This deal is sure to further weaken an already weakened union. Expect concessions and layoffs and spinoffs. Expect Ford and GM to head back to the unions demanding equal treatment. While the unions can hurt domestic companies, they are having a much more difficult effort to force companies to give new or even maintain old benefits.
Automation and globalization have cut the power of unions so dramatically that they are destined to collapse under their own weight. Not in this decade, but soon.
However, when it comes to unions, some things never seem to change.
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