Thread regarding Wabtec layoffs

Guys, I'm sorry to say, it is becoming apparent to me that WABTEC is just a corporate takeover machine to increase shareholder earnings and stock value.

What does that mean for us? If you get bought by them like we have (Motive Power Boise) they will gut you for profit, and invest nothing into you, demanding increased profits and reduced cost.

They will now bleed you dry and drive your workforce into the ground, so lean that you will bleed. And they will fight the union tooth and nail to get you to work for as cheap as possible.

Nope! Your days in Erie ,Pa are numbered as the 506 presently. No way will we allow that much disparity between sister companies. Expect an entirely different wage and benefit package when present contract is either expired or voided upon completion of deal. No need to offer grandfather clause or even consider the 506’s position because they will not have an actual seat at the table, it will be a chair by the table or in laymans terms “the bench”.