Another Engineering firm struggling.....

Miscellaneous Forums/General Discussion/Another Engineering firm struggling.....

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If Jaguar in the UK is anything like General Motors in the US then it is unfixable.

There was a golden age about fifty years ago when the auto companies could pay very high wages for semi-skilled assembly line workers. The legacy of that age lives on in the labor contracts of today. GM pays about twice as much for labor as it should. The worst part is their obligation for health care. There is no limit to how high this can go.