My friend Randy, who does a wonderful job of challenging my preconceived notions on practically everything (how else does one learn and grow?), wanted to know how much of the 12/5/08 layoffs at Chicago's Republic Doors and Windows were the fault of labor, management and/or Bank of America. A decent amount of Googling to look for a more in-depth report on this issue came up empty. However, a view of *gulp* Fox News' website for a report on the situation from yesterday does its best to look at the situation from the management/bank's perspective. Given that, as of this writing, only two comments were posted (when usually Fox News fans are fairly prolific when they perceive an issue having to do more with a liberal political lean than just a report on the situation), it looks like the ones at fault are management and the bank.
A update: as of around an hour ago, B of A agreed to make some money available to Republic to help address the employees' severance and vacation pay owed.
While no one escapes blame when a business permanently closes its doors due to not making enough or any money at all, I have yet to hear of a business closing where the majority of fault lies with labor. Please feel free to point me in the direction of any situation that disproves what I said in the previous sentence -- and, yes, the more facts presented, the more likely I am to be persuaded.
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