The Union sits down with the Company and mutual negotiations usually lead to an AGREEMENT between the parties. When the profit margin goes south and Management has no idea how to make the product more desirable to the consumer, it takes the easy way out and gives the Union an ultimatum. You see the Union give back dollars and benefits in concessions in exchange for the Company giving back....er, sorry I missed that part. If the million dollar management was worth their salary, which they also negotiated and agreed to with the Company, should they not have been aware of a pending downturn in business and done something proactively to compensate? If they didn't, are they not doing their job as agreed? What happens when a normal person doesn't do his job? He gets sh*tcanned and doesn't walk away with a multimillion dolar bonus for being incompetent. I work for a company that has been feeding us the same crap for 12 years. When I asked them at a "skip-level" meeting, how they can justify paying out millions in salary and bonus/compensations to Executives that have been unable to turn a profit for 12 years. The standard answer is that they have to offer that much in order to get the quality Executive interested in the position. And they say it with a straight face. They have not improved the product, or made it more desirable to the consumer. They have laid off over 110,000 employees, Management and Union, and by lowering the overhead and using some creative accounting, they keep the cost to revenue numbers a little closer. It has nothing at all to do with the product. Welcome to American Business 101. HD will survive. After the Executive vultures finish cutting the meat off the bones, it will be sold like every other American icon.