Originally Posted by
hummingbear
This is basically what happened in 2020. Yes, the situation was dire, but there is no way the company was going to get 4,000 deep in furloughs. Yet they were threatening that & hinting at much, much deeper cuts. Why? To get us so scared that we’d volunteer to take pay cuts.
Ultimately, the outcome was about as good as we could hope for, but sometimes the risk of winning a bad bet is that you walk away learning the wrong lesson. I don’t doubt most LOA yes voters had the noblest of intentions but my fear is that many see that as the new standard for how we respond to economic downturns.
I think hindsight will be 20/20 in a good way.