Word: ultimatum
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...What has been the case for many years is the privatization and restructuring of state-owned enterprises. The selling-off of state-owned assets and merger of state-owned companies has nearly always been done behind closed doors. The workers are never involved -they are simply presented with an ultimatum." Employees are angry not just because of their lack of input, Crothall says, but often also because the process is tainted by corruption. "Workers have no idea about the true value of the assets that are being privatized," he says. "Very often they accuse management - correctly in many cases...
...Though French government officials have shown a willingness to placate - and pay off - rambunctious protesters in the past, they may think twice about bending to the threats of blowing New Fabris sky-high. That violent ultimatum is only the most recent in a series of escalating acts of intimidation by French workers facing layoffs. Last April, French fishermen furious over the effect European Union fish quotas were having on their bottom line blocked traffic in and out of North Atlantic ports for two days until they were promised state aid. Recently, France has witnessed a series of so-called bossnappings...
...control of Porsche, rather than the other way around. He's offered to buy Porsche's auto operations - but in a manner that provoked a furious response. Last weekend, the usually press-shy Wolfgang Porsche fired off an angry statement to the media accusing his cousin of issuing an ultimatum that he termed "blackmail." Piech shot back denying that it was an ultimatum. But a phrase in Porsche's statement points to the shock and bewilderment in the family camp about the deterioration of relations. "The 21st century is not the time for ultimatums," he wrote. "We wonder what...
...standardized engine across all teams - a nonstarter for the likes of Ferrari - quickly looked like scare tactics aimed at exacting concessions elsewhere from the teams. "Formula One is Ferrari, and Ferrari is Formula One," Bernie Ecclestone, the sport's commercial-rights holder, said in response to the Italians' ultimatum. "That is not going to change." (See a brief pictorial history of the Pontiac...
...that the board has backed Lewis through a remarkably difficult period in which there was pressure from many quarters to oust him, his job is almost certainly safe and will be for a long time. It is very likely that the government did not give the board an ultimatum about Lewis's future because, if it did, the action would have been disclosed and Lewis might be gone...