PPRuNe Forums - View Single Post - 20 buyers now circling Virgin Australia
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Old 8th May 2020, 09:15
  #119 (permalink)  
krismiler
 
Join Date: Jul 2010
Location: Asia
Posts: 1,539
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Any purchaser is in a much stronger negotiating position before a sale goes through as he can always threaten to pull out if he doesn't get what he wants. Once the sale is finalised, the employees position becomes more equal as money has been committed and laws governing workplace rights come into play.

The buyer of VA would be crazy not to take full advantage and insist on a comprehensive pay agreement being in place prior to signing on the dotted line.
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