Reply #89: If GM is losing money, then EVERYONE takes a hit.

[amandabeech]

And that means management, who have a yes-man board that awards them huge bonuses and salaries for making the folks on the shop floor bear the burden of management's bad decisions.

My guess is that the strike wouldn't be as nasty as it will be if management was willing to share the pain.

It is absolutely horrible that companies that have been around a long time fold because they used to treat their employees decently and offer retirement benefits. Needless to say, I'm not impressed with large employers who do not even plan to sponsor a group medigap plan for folks to buy into and I'm not even talking about funding one. You'll understand how important that is when you retire.

As to CNN money, I'm sure you would get a very different picture from a labor-oriented source rather than a management one. I'm surprised that a poster here couldn't figure that one out for him or herself.