Latest plant closures were the last nail in the coffin. The sad thing is management acts like what they did solved our problems - when in reality things went to hell. Any gain was short-term - something that long-term well-being of the company will pay for.
But as long as shareholders are satisfied, all is good, right? We’ll see how satisfied they are once the company is done for good.
Which are closing?
Meanwhile.. The top dogs will be guzzling wine and filet mignon. While the operators will be laid off on their knees begging unemployment offices to give them enough money for bread and meat.
Agreed! The pro formas for the multiple plant closures must have been so overstated concerning the cost savings and not taking into account future fuel (transportation) cost increases. They were obviously very negligent and just looking to satisfy the executive team.