Assuning that you were representing employees during contract
negotiations and the company demonstrates it cannot afford the current
wage scale without massive layoffs.What would you be willing to do to
help the company from going bankrupt?Why would this be in your best
interest and the interests of the employees?

You want to consider upping the price of this question because you are
asking two somewhat difficult questions.  A researcher may be
unwilling to tackle this question at the current price.

Clearly the union should agree to take a pay cut if this is likely to
save the jobs. The employer may however be lying, and have no
intention of filing bankrupsey or even making extensive layoffs. If
the company is truthful they should agree to an audit by accountants
heired by the Union. A free independent audit would have considerable
value to a corporation that had little to hide.  Neil