Bridge loan to nowhere..
wrote in message
t...
On Sat, 06 Dec 2008 08:38:52 -0500, D.Duck wrote:
You just want to see what some bankruptcy judge would do to union
contracts.
Direct labor costs are only @10% of the cost of building a car. If you
want to cut costs, labor isn't the place to start.
Someone outside and disconnected from management and the labor unions needs
to review and determine that.
What if your fixed labor costs are based on selling 18 million cars a year
but you only sold 10 million last year?
Eisboch
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