Twinkies Strike: Did Hostess' Bakers Cut Their Own Throats?
The ripple effects of the collapse of Hostess Brands hit Patch towns around St. Louis as employees lost their jobs last week.
If your company said it must cut wages and benefits or it will go out of business, would you believe it? That is really at the crux of the drama that played out over the 10 days surrounding Hostess Brands, the makers of iconic bakery names such as Twinkies, Ho-Hos and Wonder Bread. That drama hit close to home in the days leading up to the Thanksgiving weekend when stores in Manchester and St. Charles that sell Hostess foods abruptly closed their doors, leaving employees wondering what would happen next. That came after news that the company could not come to terms with its bakers union. Without an agreement over 8 percent cuts in wages and 17 percent cuts in benefits, the company said, it would have to shutter its doors and liquidate the …
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MIKE K
10:50 am on Monday, December 3, 2012
The problem with Unions is that they tie the companies hand with crazy work rules. Hostess is a prime example since they drivers could only deliver certain kinds of products. I think in the old days they referred to that as featherbedding. Another problem with Unions is that they defend poor performing workers. The teacher unions are the worse where practically senile old teachers hang on past … more ›