Not good, not good at all: Union Votes Go Against Cuts at Ford (no good deed -- Ford's not having to file bankruptcy -- goes unpunished by the union)

From The New York Times:

Many workers at the Ford Motor Company are signaling that they are unwilling to help the automaker cut its labor costs further, by voting against what would be the third round of concessions in the last two years.

Ford, the only one of the three Detroit automakers to avoid bankruptcy this year, says it needs the modifications to remain competitive with General Motors and Chrysler, whose workers agreed to similar deals in the spring. Compared to its crosstown rivals, Ford has been surging.

The U.A.W.’s president, Ron Gettelfinger, has been urging workers to approve changing their contract, arguing that Ford is still heavily in debt and that workers could end up worse off if they do not agree to the deal.