What would you do:
You have very little employable skills. You've spent the last 10 years screwing in bolts, with little more than a high-school diploma. You've been making about 70 grand a year doing so. Straight 40 hours a week, no overtime. Two weeks of shutdown in the summer, week off at christmas, plus two weeks of vacation. All paid. Not included are the various 3 day weekends that your collective agreement has turned into four day weekends.
Now, after the expiration of your collective agreement, and the sale of your employer - the new owners want to cut your wages by about half, as well as your benefits.
The options: accept the lesser offer, continue working.
OR
Decline the offer, be locked out of work for an undetermined amount of time, and then have the factory moved out of country.
What would YOU do?
http://www.lfpress.com/news/london/2012/01/09/19222376.html