that has got to be the pits, it's not like the bank will allow you to cut back your mortgage payments by 2.6% (even when the value of your home dropped by 20% in the last year...)
My heart goes out to the previously overpaid Crown Techs... ;-)
I wonder if Crown Inc. cut back on any of their expansion plans? are they still building a IC unit? and all the expenses that goes with that...
Did the Crown owners take a pay hit like if it was a stockholder owned company, and the stockholders got little or no dividend, and lost value in the stock they owned?
I wonder how long until every other forklift company "right sizes" their pay structure