Many companies are looking to roll back benefits, and benefits for retirees are at the top of the list. This decision says that while they may be first on the list, they may not be easy to cut.
Historically, GM has been the most tone-deaf of the auto companies when it comes to labor issues. But York is speaking plainly and directly about critical issues between GM and the UAW.
A lot will depend on who's the first company up. You may almost have an insipid auction taking place among the companies trying to be first.
The hotels are confronting a union that has significantly more leverage and more imagination than in the past. The union is slowly but surely introducing national bargaining in an industry in which the companies used to tower over the local unions.
It's going to have significant impact on the companies and on the industry. It is a painful option for the union but it is the best option of those available.