Cutting health costs,
renegotiating labor contracts, selling off profitable finance divisions, or buying bits in China won't fix the situation, however important all those efforts may be.
A big test will be how Cuomo
renegotiates labor contracts.»
Not exact matches
This enables corporate managers to threaten bankruptcy of their pension plans or entire companies, General Motors - style, if
labor unions do not
renegotiate their pension
contracts downward.
«We make no assumptions that he's going to be easy,» said Arthur Cheliotes, president of the city agency administrators» CWA Local 1180, which is among the groups readying to
renegotiate the approximately 152
labor contracts up for renewal.