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#11
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![]() "Robert M. Gary" wrote in message oups.com... Discount airlines ate their shorts because of bad management decisions not related to pension costs I'm not sure what your point is. The airline couldn't compete against the discouts, the reason makes no difference. If management is good, employees don't mind enjoying the benefits of that, if management is bad you have to accept it. Remeber that the purpose of a company IS NOT to provide employement to people. People work for a company for as long as it benefits the company. If you don't like that, seek out a socialist place to lay your head. People forget the only reason a company is in business is to make money. The only reason they hire someone is so they can make money for the company. If your not needed your gone, if they don't get rid of you eventfully you will get rid of the company. If the company stock is traded publicly the only real concern is that it makes the stock holders money. BTW: The reason UAL filed bankruptcy was to avoid having to make their next massive payment to the pension fund. No one would argue that without the pension/benefits program of an "old school" airline UAL woudln't be in the situation it is in now. -Robert |
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