GM and the Unions: Some Things Never Change
Posted on May 17, 2010 at 01:11 AM EDT
Remember how much more competitive GM was going to be coming out of bankruptcy. Aside from shedding a lot of its debt and attendant costs, the company was going to emerge with a competitive labor cost structure. Turns out that it didn’t quite happen that way. From the WSJ: Three years after General Motors Co. won wage [...]