0-0-0 a generous offer
Therefore the company is well within its rights to offer to terminate “only” 25% of its staff.
After some negotiation, they can reduce it to 20%.
In that scenario, and given the dire financial straits in which the company finds itself (the reasons are not relevant here), Petrotrin workers should be thankful for the rather generous offer of 0-0-0.
They should be asked, would you rather lose your job or remain employed at your current high salary? I think many would be willing to take a 10% cut to retain their jobs.
If you doubt me, ask the ex-Arcelor- Mittal workers.
A CHARLES
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"0-0-0 a generous offer"