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Stellantis is making buyout offers to the non-union salaried employees.
This happens every time the unions strike.
The unions constantly misunderstand how businesses really work and it's never them that pays the price for their sinecures.
They use the word "deserve" a lot when they talk about their pay and benefits.
I don't see them getting what they deserve.
Union workers typically care little about white collar workers at their companies. In fact, in general they usually see them as more of the enemy than anything else. However, it is often short sighted. When white collar positions are eliminated like this it is often a signal that future cutbacks are coming. If there are fewer engineers, designers and even bean counters, marketers, etc., it often means that senior management is planning to eliminate whole product lines or plants and often it is part of offshoring plans. GM has already done a bunch of these "white collar buyouts". Stellantis workers should be particularly worried since being owned by Fiat, Renault, Pugeot and even worse, a Chinese motor company, Dongfeng (and Nissan has a hand in there too) means that they've got basically zero allegiance to US workers or commitment to long term US manufacturing. Expect more and more of those white collar functions to be shifted elsewhere. And with less and less US influence, expect more and more parts and eventually whole cars being made offshore.
ReplyDeleteBut typically you're not going to see many blue collar folk doing their due dilligence on this and the union people, government and media sure aren't going to let them know either.
-swj
What a lot of union leaders deserve is the Second Lesson of Ed Grubermann.
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