From previous postings we learned that the baker’s union was reasonable and had approved concessions in previous contracts but the delivery drivers, who were raking in 6 figures, were the idiots. So in the last and final round the bakers said they would not make concessions since the drivers sucked up anything they gave and decided to take their chances on the new company.
So it looks to be working out for at least some of the bakery personnel and none of the Thugster drivers.
Don’t forget though that Obammy took care of his Teamsters buddies with trade act displacement assistance funds.
“From previous postings we learned that the baker’s union was reasonable and had approved concessions in previous contracts but the delivery drivers, who were raking in 6 figures, were the idiots”
That’s incorrect. You have it backwards. ALL the unions (including Teamsters) granted concessions EXCEPT the bakers. It was the bakers union that killed the whole deal, and in the long run, the Teamsters go royally hosed since the new owners dumped the delivery routes.
I copied the first thing google turned up about this:
“The Hostess unions thought they held a royal flush.
Mark Lennihan, The Associated Press
Twinkies first came onto the scene in 1930, but unions overplayed their hand last year and now non-union workers will produce the next version.
As it turns out, they weren’t even in the game.
After 18,500 Hostess employees lost their jobs because the Bakery, Confectionery, Tobacco Workers & Grain Millers International Union went out on strike (the Teamsters did not want to strike) the company went into bankruptcy and shut down, as its executives had warned it would, given a labor stoppage.”