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The Faceless Face of Capitalism
[I was frankly a bit stunned by the method this company used to fire 15,000
employees. One does have to admire the efficiency of the method which
cleverly avoids the possibility of "unfortunate repurcussions" should so
many disgruntled employees receive the "sad news" in person, en masse. I
then did a search on this company, only to find that "Fortune" had named
them one of the most "admired" companies in 2002!!! They scored a perfect
10 in almost all categories, though only a "9" in social responsibility.
One wonders what a score of "5" might have meant! ]
Consolidated Freightways Corp. filed for Chapter 11 bankruptcy September 3,
citing debts of more than $100 million. The trucking company's 15,500
employees learned of the news a day before when they dialed a toll-free
number and heard a recorded message from Consolidated President John
Brincko: "I have some extremely urgent and sad news to share with you
today.... Your employment ends immediately."
Full story at:
http://www.wsws.org/articles/2002/sep2002/jobs-s07.shtml
~~~~~~~
PLEASE clip all extraneous text before replying to a message.
- Thread context:
- Enemy at the gate, (continued)
- Quest for fire,
Louis Proyect Sat 07 Sep 2002, 16:59 GMT
- DSP etc part 2,
Nigel Irritable Sat 07 Sep 2002, 15:53 GMT
- The Faceless Face of Capitalism,
viveka Sat 07 Sep 2002, 15:33 GMT
- Autobiographical Writing For Reality: It's A Damn Good Thing For All Of Us,
Hunter Gray Sat 07 Sep 2002, 15:25 GMT
- DSP etc (part 1),
Nigel Irritable Sat 07 Sep 2002, 15:00 GMT
- Re: DSP's initiative,
Peter Boyle Sat 07 Sep 2002, 13:59 GMT
- DSP, Socialist Alliance, USFI, SSP, SWP ...,
John Paramo Sat 07 Sep 2002, 13:57 GMT
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