Posted on 11/18/2012 2:02:15 PM PST by IBD editorial writer
Politics: Union intransigence and unrealistic expectations at Hostess Brands have forced the bakery to shut its doors permanently and throw 18,500 people out of work. So much for Big Labor caring about the little guy. A down economy and two restructurings in three years left Hostess, maker of Twinkies and Sno Balls, in dire fiscal straits. The company warned its workers, union and nonunion, to make concessions or everyone would go down in a liquidation. Instead, one union, the AFL-CIO-affiliated Bakery, Confectionery, Tobacco Workers and Grain Millers International (BCTGM), imagined the company was bluffing and went on strike.
(Excerpt) Read more at news.investors.com ...
You can bet that those receiving UE won’t be paying their dues anytime soon ;^)
Wow.... too much 5 hour energy drinks??? Chill.
I’m really curious. I wonder how good those cakes would freeze?
Nine weeks of paid leave? Wow, that's almost as much as a congressman.
To add to your point: good luck finding a job with those types of bennies. How many of these "bakers" were actually bakers in the traditional sense of the word? Probably none; they were factory workers that were trained to tend highly specialized machinery that cranked out pastry by the thousands. Their livelihoods were tied to a machine and that machine just died. Sure, if I made $22/hour with med bennies, a full pension, and 9 weeks off/year I'd think that company revolved around me too, but alas a lot of union workers are starting to realize that they were a mere cog in the machine. They can put "extensive skill operating the Hostess CF725 Twinkie Cream Filler" on their resumes, but I suspect that few potential employers will be impressed.
I’m thinking of transferring them into hard plastic containers or just putting them in the freezer for a while to harden them and then put them in Foodsaver vacuum bags. :~)
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