The unions seem surprised the spreadsheet jockeys at Bain have done the dirty on them. Bain are about as likely to stick to their word as the signatories to the Hitler-Stalin pact.
Commenter Jazz in the SMH article has it nailed;
"Bain is a leveraged buyout outfit. They will take a well-established but floundering business, strip it down to the few obvious areas of profitability, max out on debt and then cash out on the share market."
Boop boop de do
Marilyn