18 Quotes by Sean McAlinden
- Author Sean McAlinden
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They've closed the productivity gap wonderfully, but they had to do so, because it's the thing they could address.
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There will be another burst of gypsy moves. GM will have to move another 20,000 to 30,000 in the next two to three years. You're really going to have to get a lot of these people to retire or move back to Michigan and Ohio.
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This marks the end of 20th-century industrial America and maybe, finally, the beginning of 21st-century industrial America.
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They're liquidating, they firing, they're retiring. This is a GM that's getting in shape much faster than it's ever before, in any past restructuring.
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It really seems to infuriate a lot of Americans. They give the rich people that live on (bond) coupon clipping in resorts all over the world a full pass. But when some autoworker spends weeks or months on a system making that much money, it drives people crazy.
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It's our Category 5, our economic New Orleans.
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It's up to the UAW to make a counteroffer. Miller wants to see how far they're willing to go.
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In Caterpillar's time, replacement workers were seen as dirty pool by the union. That was kid gloves compared to bankruptcy.
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Clearly, the dividend cut was overdue. It's interesting that it only finally happened when (Jerome) York joined the board. The 50 percent dividend cut in the eyes of the union is a necessary action, it had to happen.
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