Air Canada could bear brunt of merger layoffs
Article Abstract:
Air Canada could face the majority of layoffs that are set to result from its proposed merger with Canadian Airlines International Ltd. The issue of retrenchment became important after Onex Corp announced its intention to buy the two carriers and merge them. Downsizing in Air Canada is considered to be the more advantageous option since laid off employees in that particular airline would get the minimum payout allowed by federal law.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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CAW picks Daimler as next target
Article Abstract:
DaimlerChrysler Canada Inc has been chosen by the Canadian Auto Workers (CAW) as the next focus of union bargaining negotiations. The union intends to come up with a deal that will provide more employee benefits than the agreement recently forged with Ford Motor Co of Canada Ltd. The creation of a contract with 13,800 CAW union members is necessary for DaimlerChrysler to avoid a planned strike on Oct 5, 1999.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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