Hostess Closing Down... No More Twinkies?

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The bakers union did them in. Wouldn't agree to pay cuts with future raises. Now the 12,000+ employees will have no job. Gotta love the union.

This is NOT a union issue. CEOs gave themselves 80% raises a few years ago. Then wanted huge pay cuts for everyone else. They have been circling the drain for years and have filed for bankruptsy before iirc.
 
How can anyone say this is not a union problem. In this economy workers have to bend a little. A pay cut is better than no job at all. Workers were asked for an 8% pay cut, with a 4% raise the next two years, a 1% raise in the third year, and a 25% stake in the company. The union workers stood their ground, and management had no choice but to liquidate the company. Duh!
 
How can anyone say this is not a union problem. In this economy workers have to bend a little. A pay cut is better than no job at all. Workers were asked for an 8% pay cut, with a 4% raise the next two years, a 1% raise in the third year, and a 25% stake in the company. The union workers stood their ground, and management had no choice but to liquidate the company. Duh!

Another guy on a gun forum im on said it best.

Explain to me how the fact this company was managed so poorly it went bankrupt in 2004, then again managed so poorly it once again went bankrupt this year is the fault of the union workers and not the management, whose sole purpose in the company is to manage it and make it profitable, and who again were demanding workers take pay and benefit cuts while they dished out bonuses and raised their pay each year?


Frankly though we are venturing into politics abd should stop so im out.
 
The bakers union did them in. Wouldn't agree to pay cuts with future raises. Now the 12,000+ employees will have no job. Gotta love the union.
Gotta love the ignorance associated with your view of labor unions
 
Gotta love the ignorance associated with your view of labor unions

All I know is in one job engineers can not solder one wire by himself and have to wait for an union person to do it. That and the fact that the union forbid parent volunteers for a school librarian in time of budget cuts cemented my opinion of American unions.


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