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Chrysler union: you broke it, you own it?
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Added by
apesphere on 28 Apr 2009
From: business.timesonline.co.uk
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| Image courtesy Robert Scoble via Flickr |
If the United Auto Workers union will soon control Chrysler by means of a 55% stake, could this lead to more productive industrial relations?
Getting concessions out of Detroit's unionists has always been a struggle, and management are no wimps. From afar I get the impression of two hardened wrestlers battling it out. The loser, of course, is the whole company. Both sides become intransigent. Innovation suffers. Crises that could have been averted are instead exacerbated.
Now the workers - or at least their organized representatives which is far from the same thing - will be in control of their own destiny. Could this mark the start of a turnaround?
Andrew Newton 

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