Ford's UAW workers [but not their Union leaders] have figured out that TBTF isn't restricted to Wall Street...and they might as well keep enjoying the "good life" until a government bail-out forces them to the same situation as their brothers at GM and Chrysler.
[British Airway's workers are playing the same game of chicken with the Labour government in the UK]
[British Airway's workers are playing the same game of chicken with the Labour government in the UK]
Ford’s Union Workers Said to Reject Givebacks U.S. Rivals Got
Nov. 1 (Bloomberg) -- Ford Motor Co. hourly employees have rejected contract concessions the automaker said it needed to remain competitive with its U.S. rivals, said two people familiar with the outcome of the voting.
United Auto Workers and Ford leaders have conceded the contract changes were defeated, said the people, who asked not to be identified disclosing results before they are announced tomorrow...
...Ford, the only major U.S. automaker to avoid bankruptcy this year, sought concessions similar to those secured by General Motors Co. and Chrysler Group LLC...
Nov. 1 (Bloomberg) -- Ford Motor Co. hourly employees have rejected contract concessions the automaker said it needed to remain competitive with its U.S. rivals, said two people familiar with the outcome of the voting.
United Auto Workers and Ford leaders have conceded the contract changes were defeated, said the people, who asked not to be identified disclosing results before they are announced tomorrow...
...Ford, the only major U.S. automaker to avoid bankruptcy this year, sought concessions similar to those secured by General Motors Co. and Chrysler Group LLC...