One of these things is Opposite the other.
Republic Windows AND DOORS
"Empowering employees and encouraging the free flow of new ideas creates enthusiasm, pride, and a spirit of innovation at Republic that shows up in every window we manufacture."
That free flow was ONE WAY? Republic downsized from 600 to 300 employees and increased production by innovation beating the remaining workers with the threat of losing THEIR jobs too! Production increased, PROFIT increased, workers got mandatory overtime. Hooray! The 7-Day 80 hr. workweek returns!
Republic Windows CLOSES Doors
"Republic Windows & Doors will shut its doors Friday, causing about 300 workers to lose their jobs at the North Side manufacturer."
But wait! That's not the whole story. In a 2007 Press Release Republic Trumpeted "great news"
"Republic Windows & Doors, LLC, a leading manufacturer of vinyl windows and doors, announced today that Chase Capital Corporation, a subsidiary of JPMorgan Chase & Co., has acquired a minority interest in Republic."
This would be the same Chase who has done quite well with bailout money too. What influence would Chase have on Republic? 
Mission Accomplished?
Maybe Not if anyone's paying attention like
Driftglass?
Monday, December 8, 2008
Is it wrong? -OR- Just asking this stupid question exposes your cluenessness.
Subscribe to:
Post Comments (Atom)
1 comment:
I was glad to hear Obama voice his support of these workers. I hope they get every bit of what they're owed and I hope the owners of this company get properly disciplined or fined. When I first heard this story I could not understand that they thought they could even get away with this - but the fact is - they would have gotten away with it if these workers hadn't stood up. Kudos to all of them.
Post a Comment