Friday, January 19, 2007

Mark Fields of Ford Motors switch his private jet flights for a common air transport

Today, Mr. Fields announced to the workers at Ford that he would forgo the right to take a private jet to get home on weekends, guaranteed to him as a part of his compensation package, and make the flights on a commercial airline. That perk was negotiated in his contract, he didn't have to give it up. But when thousands of UAW workers are being fired it didn't make sense to keep the private jet commute.

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posted by blimpbot @ 2:48 AM