Originally Posted by
Busdriver01
Intelligent, maybe. Maybe not. We hear more and more now how this is an opportunity to rebuild / new normal etc. Even a 45-50% pay cut (as Lufthansa Pilots have offered) would be better than being made redundant in this job market. As much as I don’t see it happening, perhaps it really is time big business looked after its employees rather than chasing a big profit.
I'm afraid big business answers to its shareholders, they want dividends and increased share value, so profit has to be the name of the game for any board member, staff costs are an inconvenience that eats into that profit. Lufthansa staff have shown the grim reality of this situation, redundancy effectively means end of career for many so it's a stark choice of accept a new contractual reality or walk away to find another job in an economy that seems to only need fruit pickers or supermarket shelf fillers for the foreseeable future.