Another case of unions hanging themselves.
“Another case of unions hanging themselves.”
The union here was idiotic, but there’s more to this story than the union’s stupidity. Hostess was ALREADY in bankruptcy, largely on account of $700 million of debt it had accumulated in recent years.
This looks like one of those ‘perfect storm’ cases, with mismanagement and union stubbornness leading to the collapse of an iconic American brand.
“Another case of unions hanging themselves.”
After these workers run out their unemployment benefits and are forced to look for work, what is the likelihood that company will be unionized? I think it unlikely. So the unions hang themselves twice in this case.
I am going to buy a package of Twinkies to enjoy one last time.
Better to take an 100% pay cut than an 8% pay cut! Morons.