Strike at Deere plants in the US, more supply chain shortage to come

[Snobdds]

I was trying to think of an example of a major corporation that went under because they paid their workers too well.

There must be some examples of that happening.

GM had to go through bankruptcy to shed their unstainable union contracts...

UAW took it on the shorts on that one.

 

[sd455dan]

Deere factory list:

Where are John Deere Tractors Made? | MachineFinder | John Deere Machinefinder

Mmm that still lists China locations.


Maybe Deere just closed down in China temporarily due to the virus.
Just checked Deere's own current worldwide map- still has all of the china plants.

 

[Steppenwolfe]

GM had to go through bankruptcy to shed their unstainable union contracts...

UAW took it on the shorts on that one.

Reminds me of what Bethlehem Steel did to their "retiree's" ...

 

[PuffyC]

GM had to go through bankruptcy to shed their unstainable union contracts...

UAW took it on the shorts on that one.

Forgot about that one. Actually had a relative who got shafted in that deal somehow and he wasn't even union. He was quite bitter and had much to say about unions and their crazy contracts after that.

 

[oldballs]

GM had to go through bankruptcy to shed their unstainable union contracts...

UAW took it on the shorts on that one.

Thus, I will never again buy a GM or a Mopar for that matter. Government bailout is "free" enterprise??

Cheers,
Mike

 

[Snobdds]

Reminds me of what Bethlehem Steel did to their "retiree's" ...

UAW is doing to deere what they did to GM. Deers's out will be bankruptcy, but it can reorganize in bankruptcy and come out stronger without the labor stranglehold. Employees have no out.

There is a limit on how much labor costs a company can afford.

 

[Pixguy]

GM had to go through bankruptcy to shed their unstainable union contracts...

UAW took it on the shorts on that one.

As did shareholders.

 

[Snobdds]

As did shareholders.

nah...they were bailed out by the tax payers...

 

[RickB]

UAW is doing to deere what they did to GM. Deers's out will be bankruptcy, but it can reorganize in bankruptcy and come out stronger without the labor stranglehold. Employees have no out.

There is a limit on how much labor costs a company can afford.

You won’t live long enough to see Deere bankrupt. Deere calls this offer their highest and best. Plan on this strike lasting into 2022.

 

[Username Taken]

I was trying to think of an example of a major corporation that went under because they paid their workers too well.

There must be some examples of that happening.

Thousands. Not dozens, or hundreds...... Thousands.

I just can't believe... Nevermind