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A comment on G.M. Strike: 50k Union Workers Walk Out Over Wages and Idled Plants. Parent comment

Re:G.M. Strike: 50k Union Workers Walk Out Over Wages and Id... by maxerickson on Monday September 16, 2019 @10:51AM (#20984621)
The government dissolved the old company and gave the union a significant chunk of ownership in the new company.

It's sort of a technicality, but it's an important one.

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Re:G.M. Strike: 50k Union Workers Walk Out Over Wages and Id... by wil421 on Monday September 16, 2019 @11:04AM (#20984770)
It’s the same company if the same executives, managers, salaried and union employees are still there.

Did they rehire everyone and start their plants from scratch when the legal entity changed?

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Re:G.M. Strike: 50k Union Workers Walk Out Over Wages and Id... by maxerickson on Monday September 16, 2019 @11:10AM (#20984835)
You can read about it:

https://en.wikipedia.org/wiki/General_Motors_Chapter_11_reor...

The new company had ~23,000 less people (I think many of those jobs were sold to other companies).

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Re:G.M. Strike: 50k Union Workers Walk Out Over Wages and Id... by coliveira on Monday September 16, 2019 @11:25AM (#20984991)
Just because a company reduced its workforce it doesn't mean it is a different one.
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Re:G.M. Strike: 50k Union Workers Walk Out Over Wages and Id... by chrischen on Monday September 16, 2019 @12:29PM (#20985751)
I'd say it's the same company if the same stock holders exist.
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