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Hostess made unreasonable demands, including wage and benefit cuts of around 30% for workers, while top executives of the company received large pay increases.
“The crisis facing Hostess Brands is the result of nearly a decade of financial and operational mismanagement that resulted in two bankruptcies, mountains of debt, declining sales and lost market share,” said union President Frank Hurt. “The Wall Street investors who took over the company after the last bankruptcy attempted to resolve the mess by attacking the company’s most valuable asset – its workers.”
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Originally Posted by jimhelm
yeah. those people aren't bakers. they're factory workers. they will get jobs through their union in some other factory where they stand around all day pressing a button, and twirling a dial over and over again as their heart slowly dies, and their soul runs out the bottom of their poor misbegotten hammer toe havin feetses.
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Isn't it better that Americans, not Chinese, stand around all day pressing a button, and twirling a dial over and over again as their heart slowly dies, and their soul runs out the bottom of their poor misbegotten hammer toe havin feetses? I mean isn't it?