Share the pain

As we head into the deepest recession since the 14th century, a new report published today by the Mutual Agony Foundation reveals an unprecedented level of cooperation between employers and staff in solving financial problems. The recent situation at BA where almost 7,000 workers agreed to participate in the company's 'work for free' initiative is just one example of the solidarity workers are showing employers. Now BA has announced it will build upon its success and merge with Honda to form a new super company known as Bonding plc. But how have these breakthroughs been achieved? Our WORLDbytes reporters were granted exclusive access to film a 'town hall' staff meeting at the newly formed recession-proof, super company to find out.

Recommended links:

• Times article: British Airways asks staff to work for free
• BBC article: Honda staff vote for 3% pay cut
• Time Magazine article: When Companies Opt for Pay Cuts
• Article by Brendan O'Neill: Against Austerity