Yet no one is speaking on the union getting a 36 billion dollar bail out that was deposited directly into pension fun....now why did they do that....where did the employee pensions go????? Not a word....they were burning through 10 million a day at Yellow....700 doesn't go far with those numbers
That’s a multi employer pension fund. Each company that pays into the pension fund still needs to pay into it to stay active in it. The bail out helped the pension fund to stay solvent. Because they were already at risk previously they were hesitant on allowing any company to take cuts. But ultimately after the union stepped in and begged the pension fund company to allow the yellow to take a deferral, the fund did ok a deferral to give yellow and the union time to negotiate. Which still didn’t help, company still shut down.
And the Dems spent 80 Billion bailing out numerous failed union pension funds which were handled by corrupt union heads who supported and funded dem campaigns.
Yellow spent 300 million on " rebranding" the company. Lol. They took 15% from my husband for over 10 years, didn't pay into his pension for the last year and he's not a teamster. Local 701, no one knew, until this week. 400k in the rears. The CEO and VP's got bomus but they took the workers money. 700 million three years ago from Covid relief ..shame on them. Yellow has been a horrible company for years and mismanagement and theft killed them. My husband good company got bought out by them unfortunately.
yellow was never about quality..always quantity...Holland was next day carries ( LTL ) and was only allowed to work in 13 sates east of the Mississippi because of rules in the trucking industry. I worked for Holland for 31 years and I retried in 2018, our operating coats were always in the 80's meaning the lower that number was from 100.. the rest of that was profit...Yellow's operating cost was alway over 100 meaning the were spending more money ..not making money to move freight they picked up. They went to a foreign bank in 2009 to buy Holland because they had no credit left after buying RoadWay 2 years earlier. I topped out a 22.00 and hour being in Local 710. That was after getting a 15 percent wage reduction and Holland not paying into our pensions since Yellow screamed "POOR "in 2010 !!!! Holland could not make any 1/4 payments into the pension but was still making money the first few years that Yellow bought us. As of Jan 1 this year ..it all became a "YRC company" .. It only took Yellow 13 years to dry up all the money Holland , RoadWay and New Peen had before they bought them... Yellow never made money ...EVER !!!!
If you thinking about getting a CDL don’t. You gonna be living in a truck and working for basically minimum wage. All you people with these automatic licenses, if you can’t drive a stick you shouldn’t be in a 18 wheeler.
Hard profession won't let my kids do trucking. It socks all the blood n water out of my body. Brokers don't care about your time. They want new equipments but still wanna pay dirt cheap
4 weeks training with no formal education needed...what do you expect?...$40/hr? You much be one of the 22,000 Yellow union member wanting to go on strike scaring off potential client who don't want their product to get stuck in transit. How do you expect company to continue operating in that condition? Sure, management is part of the blame, but union deserve its fair share too.
@@mitchnn I make 48 an hour and have never been in a union. Voting for a union is like voting to get a parasite. You want to talk "higher education"? The cashier at my local speedway was complaining about how she worked for her master's degree and makes 16 an hour.
@@aarobbins99 Retail Clerks' union was rolled back in the early seventies and killed off by 1980. And eyt the billionaires and their yachts that own the grocery stores in Canada (Rogers' family, Weston, Pattison) keep getting longer and longer. Food prices did NOT come down.
100 year old company forced by the union to do business the same as it was decades ago. Companies have to be on the cutting edge of technology even if you are hauling freight in a truck. Union blocked all modernization items as a few would lose their jobs. Dozens of companies left the US for the same reason but trucking has to stay vs manufacturing. I remember getting a few Yellow loads and all I got was paper while everyone I already had details of my load coming in just like UPS or FedEx. LTL is just package except larger or you are out of business.
Wrong you can’t pickup and deliver at same time with freight as you can with packages. The freight is pallets and some are wider and some stops don’t have dock so they come get it off back of truck with lift. New Penn where I was didn’t do that we emptied the truck by 1 took lunch and them picked up freight. Went out with full truck of deliveries and came back full of pickups. They had a plan and everything was appointed. Then yellow bought the place and we hit the street at 10am cus inbound trucks were always late and had to be stripped and loaded on peddles. I was delivering till 4 pm and trying to pickup but if I got a big machine or something to pickup I’d spend 20 minutes at someone dock cus I had to back strip a third of the trailer so I could head load that machine cus I still had all those deliveries. And instead of doing my regular bidded run if the guy on the bid running town next me booked off that was added to my run throwing the time back missing appointments and early closings on my so I could do 4 stops that weren’t mine. They didn’t have any spares they could call to cover runs. Bottom line they don’t know how to run a freight operation. They would change the plan for your run at the last minute just cus another guy called out. Then they would say your brother fucked you. When that’s not the truth. I did packages for dhl for 12 years and ltl for 15 so I know exactly what I’m talking about. You can’t run freight like packages it’s not the same.
@@kevindahlberg7753 So high fix labor overhead is not a problem? I am sure most of those 22,000 union members are sleeping tonight are full of regret. Bet they thinking they should have taken the deal that was offer to them. As for the union bosses, they still got their job and on to the next company.
LTL is a rule. That only means a trucking company that delivers multiple shipment during its daily operations..can not..ship an entire loads of one item from a shipper to one customer.. Like a full load of lawn more from Toro to all the Home Depots and Menards ... It has to come back to the terminal , the load gets broken down to separate deliveries on separate trucks. Interstate and coast to coast are different set of rules..LTL was Holland bread and butter... we always had a lower operating cost ...Yellow always had a operation cost over 100...loosing money ...always...
Amazing. Look into who would profit the most by yellow shutting down. The majority controlling share holders of yellow are the sames as this large competitor that stands to come out big with yellow closing. So they run yellow poorly but have them buy out several competitors eliminating a bunch of the competition and massively driving up their debt. Then you eventually run yellow into the ground and blame the union. The stock holders are only liable for their initial investment. Although they lost that initial investment in yellow they are set up to make a killing at their other business now that a big chunk of the competition is gone. Pluss now you can hire yellow experienced drivers on as new employees at new driver wages while telling all the employees and drivers see what happens if you go union.
its ALL Apollo Global Management. Wall Sf hates labor and they got 3 or 4 birds with one stone. Look up "Yellow Freigt and Apollo Global Management: What Are Workers Up Against?" by Alex Findijs and see what the real story is. 29 yr Roadway heritage, 422
@@mattbarker1411 The union gave Yellow concessions and Yellow took a 700 million dollar bailout from the government. To think a trucking company wasn't poorly managed by people with cushy jobs and fat pay checks is laughable.
all kinds of industries do this walnut shell game. and today, you don't know who owns who. some yahoo pedophile that died young and started DHL Courier in Asian ended up buying Loomis, who then bought DHL who then sold Loomis in Canada to rename it DHL who renamed it Loomis , again. I worked for L. when it was number one in western Canada, and I'm confused!!
@@timl545 to say the LEAST! I just wonder where that 700 million went cuz that's not including any other loans and whatever $$$ they've been making these last cpl years. ✌️❤️
Worked at Yellow Freight here in NJ for 23 years until 2018 when I jumped ship for UPS. I guess I made the right decision. Yellow Freight was a great job back when I first started. The beginning of their downfall was purchasing the failing Roadway Corporation back in July, 2003 and taking on their debt.
Roadway wasn't failing at all never did, don't know where you got your wrong info from but it was yellow who had problems through the years infact roadway helped yellow out in the past that saved them from going under much earlier, roadway had everything paid for trucks trailers properties etc, had everything paid for which yellow never did, that in itself was a strong indicator that yellow eventually would be going under not able to manage their company unfortunately yellow took down roadway Holland new pen & others all same time a dirty Shame..
@@TheTallMan50 the family owners of roadway express wanted to sell off the company back in 2003 to yellow freight they basically just wanted to let go of their company & being yellow wanted it they sold it to them, roadway was a great company to work for back in the days they had no debt on anything everything was paid for, yellow got big headed by buying up other carriers that was the final nail in the coffin why everything happened the way it did they couldn't continue with the debt they got themselves into.
@HerbertAtkinson Ah, so basically the owners of Roadway screwed over their employees by selling them out to a failing company. Wow! And here I was thinking Yellow were the bad guys. Speaking of which, I believe Swift will eventually meet the same fate after acquiring 7 companies...4 in the last 5 years.
If you're in a union and your niche industry let's say LTL trucking has NON-union competitors have a stronger balance sheet s there is a good chance corporate might do anything to get out from those union contracts. After all a company is just a name anyway. Let's see where the corporate executives end up😉
Don't blame the union. The company got a $600 million dollar loan, a $700 million dollar loan, 15% of our pay for 10 years. They took 10 weeks vacation and only paid 25% into the pension
@@improvisedsurvival5967 god forbid a person wants to buy a truck with a stick or go work for a non mega that doesn’t use autos. And no not all newer trucks are auto
@@devilman3136 I prefer automatic. Driven them all shifting sucks why would I wanna do more work. Working for small companies sucks they don’t have the capital. Been there done that. No union contract I’m all set. Abf here I come.
@improvisedsurvival5967 You have no idea what you are talking about. Automatics are horrible in the snow, and the Eaton pneumatic transmissions are garbage. You almost never see an Alison other than busses and heavy construction equipment unless it's an owner operator because it adds $40,000 to the base price. Manual is the way to go. You have more control over traction on slick roads and don't bump the docks as hard.
Yeah. We killed Yellow by taking a 15% pay cut for 15 years to try to save this company. We allowed them to pay 0 $ into our 401k to try to save this company. We allowed them to pay 25% into our Pension Fund to try to save this company. Yeah, the Teamsters REALLY just murdered Yellow over the last 15 years. You probably should know a little more about what yer sayin before ya open yer mouth. Better to remain silent and be THOUGHT of as a fool, than to open it and remove ALL DOUBT. Teamsters Local 745 Dallas
@@knucklehead7456 Sooo.... What was your hourly rate? Annual earnings? My guess is that you were making some pretty good coin. Oh, I have almost 2 million miles driving Class 8 equipment. I started driving Semi's in 1978. 48 States, all 4 seasons. So you might say I do have knowledge of the trucking industry. Drove for both Union and Non Union. So there tuff guy.
Ask the Union why they got a 36 billion dollar bail out last December deposited directly into the pension.....why are they not telling you all the whole truth....got to start looking without someone telling you....that is way more than company got.
Business that cannot adapt and thrive in changing market environments must fail. Then new businesses take their place and do better. That is how capitalism works. Sure there is some pain, but that is why we have social security and programs to help people out.
I’d go after them take all there money and personal assets and give to the employees let them know how it feels to be bankrupt! Especially knowing they took the money and running! I would have no sympathy for the owners!!! Prayers go out to all employees and family’s effected by this
Yet no one is speaking on the union getting a 36 billion dollar bail out that was deposited directly into pension fun....now why did they do that....where did the employee pensions go????? Not a word....they were burning through 10 million a day at Yellow....700 doesn't go far with those numbers
That’s a multi employer pension fund. Each company that pays into the pension fund still needs to pay into it to stay active in it. The bail out helped the pension fund to stay solvent. Because they were already at risk previously they were hesitant on allowing any company to take cuts. But ultimately after the union stepped in and begged the pension fund company to allow the yellow to take a deferral, the fund did ok a deferral to give yellow and the union time to negotiate. Which still didn’t help, company still shut down.
That 700 million went in the pockets of the big wigs
And the Dems spent 80 Billion bailing out numerous failed union pension funds which were handled by corrupt union heads who supported and funded dem campaigns.
Someone knows where the money is. Will the truth be revealed to the public?
Yellow spent 300 million on " rebranding" the company. Lol. They took 15% from my husband for over 10 years, didn't pay into his pension for the last year and he's not a teamster. Local 701, no one knew, until this week. 400k in the rears. The CEO and VP's got bomus but they took the workers money. 700 million three years ago from Covid relief ..shame on them. Yellow has been a horrible company for years and mismanagement and theft killed them. My husband good company got bought out by them unfortunately.
You still a union!!😂 Let O'Brian find him a job he decided your husband faith!!😂
Yrc,was trying to get more
from its workers ,when the
Teamsters said no!
@@timhafley5177 Yes Yellow was trying to get more from us workers but us workers didn't have a say this time just a fact !
ABF was paying 26.74,plus
100% Healthcare. Last Comtract.
NEVER FEAR BIDEN IS HERE
22 bucks ain't worth the responsibility
Some of highest labor rates coupled with some of the cheapest freight rates?
yellow was never about quality..always quantity...Holland was next day carries ( LTL ) and was only allowed to work in 13 sates east of the Mississippi because of rules in the trucking industry. I worked for Holland for 31 years and I retried in 2018, our operating coats were always in the 80's meaning the lower that number was from 100.. the rest of that was profit...Yellow's operating cost was alway over 100 meaning the were spending more money ..not making money to move freight they picked up. They went to a foreign bank in 2009 to buy Holland because they had no credit left after buying RoadWay 2 years earlier. I topped out a 22.00 and hour being in Local 710. That was after getting a 15 percent wage reduction and Holland not paying into our pensions since Yellow screamed "POOR "in 2010 !!!! Holland could not make any 1/4 payments into the pension but was still making money the first few years that Yellow bought us. As of Jan 1 this year ..it all became a "YRC company" .. It only took Yellow 13 years to dry up all the money Holland , RoadWay and New Peen had before they bought them... Yellow never made money ...EVER !!!!
If you thinking about getting a CDL don’t. You gonna be living in a truck and working for basically minimum wage. All you people with these automatic licenses, if you can’t drive a stick you shouldn’t be in a 18 wheeler.
Minimum wage??? Did we get a pay raise???
Hard profession won't let my kids do trucking. It socks all the blood n water out of my body. Brokers don't care about your time. They want new equipments but still wanna pay dirt cheap
This broker just offered me $2700 to go to Jacksonville Florida from Minneapolis Minnesota. They must be crazy.
Quit whining about automatics if you not gonna come up with a solution to keep them out the industry. Complaining will not help.
@@3railmike713yes 1 cent per hour
Usually greed is the driving force. 'Leadership ' wants all the money, just drains the company until its dry, then bankruptcy to protect themselves.
22 an hour was good pay 20 years ago.
4 weeks training with no formal education needed...what do you expect?...$40/hr? You much be one of the 22,000 Yellow union member wanting to go on strike scaring off potential client who don't want their product to get stuck in transit. How do you expect company to continue operating in that condition? Sure, management is part of the blame, but union deserve its fair share too.
@@mitchnn I make 48 an hour and have never been in a union. Voting for a union is like voting to get a parasite. You want to talk "higher education"? The cashier at my local speedway was complaining about how she worked for her master's degree and makes 16 an hour.
@@aarobbins99 $48/hr !??? They must be hiring you to haul illegal aliens between Earth and Mar.
@@aarobbins99 Retail Clerks' union was rolled back in the early seventies and killed off by 1980. And eyt the billionaires and their yachts that own the grocery stores in Canada (Rogers' family, Weston, Pattison) keep getting longer and longer. Food prices did NOT come down.
Bad management, Bad unions and the bad economy. What did they expect?
Union came through for UPS.
They stole that money now they are running
100 year old company forced by the union to do business the same as it was decades ago. Companies have to be on the cutting edge of technology even if you are hauling freight in a truck. Union blocked all modernization items as a few would lose their jobs. Dozens of companies left the US for the same reason but trucking has to stay vs manufacturing. I remember getting a few Yellow loads and all I got was paper while everyone I already had details of my load coming in just like UPS or FedEx. LTL is just package except larger or you are out of business.
Wrong you can’t pickup and deliver at same time with freight as you can with packages. The freight is pallets and some are wider and some stops don’t have dock so they come get it off back of truck with lift. New Penn where I was didn’t do that we emptied the truck by 1 took lunch and them picked up freight. Went out with full truck of deliveries and came back full of pickups. They had a plan and everything was appointed. Then yellow bought the place and we hit the street at 10am cus inbound trucks were always late and had to be stripped and loaded on peddles. I was delivering till 4 pm and trying to pickup but if I got a big machine or something to pickup I’d spend 20 minutes at someone dock cus I had to back strip a third of the trailer so I could head load that machine cus I still had all those deliveries. And instead of doing my regular bidded run if the guy on the bid running town next me booked off that was added to my run throwing the time back missing appointments and early closings on my so I could do 4 stops that weren’t mine. They didn’t have any spares they could call to cover runs. Bottom line they don’t know how to run a freight operation. They would change the plan for your run at the last minute just cus another guy called out. Then they would say your brother fucked you. When that’s not the truth. I did packages for dhl for 12 years and ltl for 15 so I know exactly what I’m talking about. You can’t run freight like packages it’s not the same.
The Union wasn't the problem. Mismanagement was... Learn the facts before commenting.
says a talk radio victim, a trump cultist with little doubt
@@kevindahlberg7753 So high fix labor overhead is not a problem? I am sure most of those 22,000 union members are sleeping tonight are full of regret. Bet they thinking they should have taken the deal that was offer to them. As for the union bosses, they still got their job and on to the next company.
@@mitchnnall of those union workers gave the company ~$6 billion the past 14 yrs to keep it afloat.
Where did it go?
To Apollo Global Management
Give them a bunch of money and they run.
LTL is a rule. That only means a trucking company that delivers multiple shipment during its daily operations..can not..ship an entire loads of one item from a shipper to one customer.. Like a full load of lawn more from Toro to all the Home Depots and Menards ... It has to come back to the terminal , the load gets broken down to separate deliveries on separate trucks. Interstate and coast to coast are different set of rules..LTL was Holland bread and butter... we always had a lower operating cost ...Yellow always had a operation cost over 100...loosing money ...always...
Active transportation is a great union teamsters Job. We hire I'm not a recruiter have 24 years with this job.
Red ink, poor management, whatever.
Yellow reported to be nearing deal for bankruptcy loan and Yellow stock is up 4.11 a share what’s really going on why cease operations for
Amazing. Look into who would profit the most by yellow shutting down. The majority controlling share holders of yellow are the sames as this large competitor that stands to come out big with yellow closing.
So they run yellow poorly but have them buy out several competitors eliminating a bunch of the competition and massively driving up their debt. Then you eventually run yellow into the ground and blame the union. The stock holders are only liable for their initial investment. Although they lost that initial investment in yellow they are set up to make a killing at their other business now that a big chunk of the competition is gone. Pluss now you can hire yellow experienced drivers on as new employees at new driver wages while telling all the employees and drivers see what happens if you go union.
its ALL Apollo Global Management.
Wall Sf hates labor and they got 3 or 4 birds with one stone.
Look up "Yellow Freigt and Apollo Global Management: What Are Workers Up Against?" by Alex Findijs and see what the real story is.
29 yr Roadway heritage, 422
Yeah..... It was actually the union but ok.
Non Union carriers are going to be reluctant hiring Yellow employees for fear of inviting Unionization to their companies !
@@mattbarker1411 The union gave Yellow concessions and Yellow took a 700 million dollar bailout from the government. To think a trucking company wasn't poorly managed by people with cushy jobs and fat pay checks is laughable.
all kinds of industries do this walnut shell game. and today, you don't know who owns who. some yahoo pedophile that died young and started DHL Courier in Asian ended up buying Loomis, who then bought DHL who then sold Loomis in Canada to rename it DHL who renamed it Loomis , again. I worked for L. when it was number one in western Canada, and I'm confused!!
They filed Monday. Where ya been.
Hahaha, reeeeee. Woke tv8 payed by phiser, they are told what to do .
Wait what? 700 million (at least) of unpaid loans and that's just in the last few years. Am I missing something? Why'd they shut down? ✌️❤️
It's called poor management.
@@timl545 to say the LEAST! I just wonder where that 700 million went cuz that's not including any other loans and whatever $$$ they've been making these last cpl years. ✌️❤️
@@timl545 It may be poor management but first reason is cheap loads ! I have been OO since 2002 but I have not seen such cheap loads since !
Take the money and run
nope... its not missing .. all the vp's and regional exes and directors know exactly where that money is...
wonder how Schneider trucking is doing?
$22.00/hr
What about new penn
Please refer to the correct name of the company, when giving a report.
Worked at Yellow Freight here in NJ for 23 years until 2018 when I jumped ship for UPS. I guess I made the right decision. Yellow Freight was a great job back when I first started. The beginning of their downfall was purchasing the failing Roadway Corporation back in July, 2003 and taking on their debt.
There was no debt.
Roadway wasn't failing at all never did, don't know where you got your wrong info from but it was yellow who had problems through the years infact roadway helped yellow out in the past that saved them from going under much earlier, roadway had everything paid for trucks trailers properties etc, had everything paid for which yellow never did, that in itself was a strong indicator that yellow eventually would be going under not able to manage their company unfortunately yellow took down roadway Holland new pen & others all same time a dirty Shame..
@HerbertAtkinson If Roadway was doing so well why did they allow Yellow to purchase them?
@@TheTallMan50 the family owners of roadway express wanted to sell off the company back in 2003 to yellow freight they basically just wanted to let go of their company & being yellow wanted it they sold it to them, roadway was a great company to work for back in the days they had no debt on anything everything was paid for, yellow got big headed by buying up other carriers that was the final nail in the coffin why everything happened the way it did they couldn't continue with the debt they got themselves into.
@HerbertAtkinson Ah, so basically the owners of Roadway screwed over their employees by selling them out to a failing company. Wow! And here I was thinking Yellow were the bad guys. Speaking of which, I believe Swift will eventually meet the same fate after acquiring 7 companies...4 in the last 5 years.
If you're in a union and your niche industry let's say LTL trucking has NON-union competitors have a stronger balance sheet s there is a good chance corporate might do anything to get out from those union contracts. After all a company is just a name anyway. Let's see where the corporate executives end up😉
I am going to miss them passing us on the interstates highways
passing you ?
their trucks only go 62. what you talking about ?
@@hayleyandkilo 62 miles? 62 miles per hour is fast. How fast do you drive? Do you drive a Massarotti or something?
@@cashed-out2192 62 mph isnt even the speed limit.
most trucks can actually do the speed limit
we always pass Yellow and laugh our asses off.
@@cashed-out2192 are you one of those morons driving 55 mph in the middle lane pissing everybody off ?
i mean how are they passing you in a car ?
@@hayleyandkilo Big rigs on interstates always pass cars. I have yet to see a slow hauler
Thank you Union! Smh…
Thank you CEO for stealing $700 million.
Don't blame the union. The company got a $600 million dollar loan, a $700 million dollar loan, 15% of our pay for 10 years. They took 10 weeks vacation and only paid 25% into the pension
Teamsters did this.
Overpaid CEO did this. He stole $700 million in tax payer money.
@@jaygold4467 better read upon buying debt, unruly and arrogant union officials, and how corporations work.
its better they are gone. more for ever one down road.
UAW is next.
That trucking school is doing a disservice to its students by only having automatic trucks
Not really all the newer trucks are auto.
@@improvisedsurvival5967 god forbid a person wants to buy a truck with a stick or go work for a non mega that doesn’t use autos. And no not all newer trucks are auto
@@devilman3136 I prefer automatic. Driven them all shifting sucks why would I wanna do more work. Working for small companies sucks they don’t have the capital. Been there done that. No union contract I’m all set. Abf here I come.
@improvisedsurvival5967 You have no idea what you are talking about. Automatics are horrible in the snow, and the Eaton pneumatic transmissions are garbage. You almost never see an Alison other than busses and heavy construction equipment unless it's an owner operator because it adds $40,000 to the base price. Manual is the way to go. You have more control over traction on slick roads and don't bump the docks as hard.
You bump the dock if you arr unexprecinced. It takes time but eventually you can be good on manual or automatic, I believe in you.
Pay truckers better
Another Teamsters Union casualty.
Yeah. We killed Yellow by taking a 15% pay cut for 15 years to try to save this company. We allowed them to pay 0 $ into our 401k to try to save this company. We allowed them to pay 25% into our Pension Fund to try to save this company. Yeah, the Teamsters REALLY just murdered Yellow over the last 15 years. You probably should know a little more about what yer sayin before ya open yer mouth. Better to remain silent and be THOUGHT of as a fool, than to open it and remove ALL DOUBT.
Teamsters Local 745 Dallas
@@knucklehead7456 Sooo.... What was your hourly rate? Annual earnings? My guess is that you were making some pretty good coin. Oh, I have almost 2 million miles driving Class 8 equipment. I started driving Semi's in 1978. 48 States, all 4 seasons. So you might say I do have knowledge of the trucking industry. Drove for both Union and Non Union. So there tuff guy.
Another over paid CEO stealing $700 million in tax payer money.
@@knucklehead7456 251 East prov ri
@@johnharper2016 $27.23 hr 0 pay 401k 25% Pension. You can hardly say we were robbing Yellow Freight
After 25+ years with YELLOW, I would suggest to ANYONE. FIND A DIFFERENT CAREER! I sure wish I had. There are BETTER WAYS TO MAKE MONEY!!! Good luck.
The CEO stole $750 million of public money. Arrest him for malfeasance!
Ask the Union why they got a 36 billion dollar bail out last December deposited directly into the pension.....why are they not telling you all the whole truth....got to start looking without someone telling you....that is way more than company got.
Cost is killing everyone now
Sorry they rode a good horse to death
Unions are death to jobs
No red ink it's the unions that caused all the problems I went through the same problem years ago
Executive's loot the company.
Business that cannot adapt and thrive in changing market environments must fail. Then new businesses take their place and do better. That is how capitalism works. Sure there is some pain, but that is why we have social security and programs to help people out.
Yup, blame the unions as usual. The same old comments all the time. Pick a new song, that one is wore out.
Nothing new go bankrupt and open a New company. Or retire with the money 💰
What greedy unions do to jobs.
I’d go after them take all there money and personal assets and give to the employees let them know how it feels to be bankrupt! Especially knowing they took the money and running! I would have no sympathy for the owners!!! Prayers go out to all employees and family’s effected by this