As a result of laying off half the workforce their own in an ambitious program to reduce the company - a major producer of medium and heavy trucks - the struggle with the huge ($ 2.6 billion) liability for retiree health care costs. Although the company has promised its retirees (and their families), full-term health insurance, he must agree to a substantial reduction of these benefits in order to avoid bankruptcy. "Hide
by Stuart C. Gilson, Jeremy Cott Source: Harvard Business School 23 pages. Date of publication on the site: 23 Nov, the year 1994. Prod. #: 295030-PDF-ENG
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