UAW Workers To Be Paid For Not Working
If you want to know what is wrong with companies like Chrysler all you have to do is read a story about how despite shutting down their plants for a month they are going to still pay their employees for not working:
DETROIT (Reuters) – Citing a credit crisis and dwindling sales, Chrysler LLC on Wednesday said it would shut down all of its manufacturing operations from the end of this week for at least a month.
The blanket shutdown marked a deepening of the financial crisis for the embattled U.S. auto industry and came as Chrysler and its larger rival General Motors Corp both seek to shore up cash as they seek a federal bailout they say they need to survive.
Chrysler, considered the weakest of the Detroit automakers, made the announcement on its plant shutdown in a letter sent on Wednesday to its employees, suppliers and the United Auto Workers union that was also posted on its website.
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The more than 30,000 Chrysler workers in the United States represented by the UAW receive nearly full benefits and wages during plant shutdowns, but labor costs represent only about 10 percent of the total cost of the average vehicle.
You have to admire Reuters for trying to slough off this idiotic plan by justifying the costs as only 10% of the cost of a new car as though that is supposed to make the concept of paying people for not working more palatable? Chrysler deserves to go bankrupt if this is the way they are going to run their business.
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