They want these guys to take 25% wage cut and to give up seniority rights, How does seniority effect the profitability of a company? Can someone explain this to me please.
"History is a great teacher. Now everyone knows that the labor movement did not diminish the strength of the nation but enlarged it. By raising the living standards of millions, labor miraculously created a market for industry and lifted the whole nation to undreamed of levels of production. Those who attack labor forget these simple truths, but history remembers them." Martin Luther King Jr.
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