Do labor unions slow down innovation in struggling companies?
When our factory announced layoffs last quarter, the union negotiated a severance package that covered six months of health insurance, but management still pushed back on every demand. I've seen unions protect workers during downturns, yet I wonder—do they also slow down innovation or make it harder for struggling companies to adapt? For those who've been on either side of the table, what's your experience with labor unions in today's economy?