99 replies to this topic

[cookinwithgas]

I think 92 percent of the bakers union voted against the contract, am I right? That would tell you that whatever "concessions" they wanted were not worth it to hardly any of them, even though they knew losing their jobs was a possibility. Hostess has been on it's last legs for many many years because they make products not enough people want anymore.

[Jase]

What happened to the puns?

This thread was much batter with them.

[pstall]

This seems easy. What are the unions plans for the out of work workers now? Was that part of prior talks/concessions?

[Davidson Deac II]

I think 92 percent of the bakers union voted against the contract, am I right? That would tell you that whatever "concessions" they wanted were not worth it to hardly any of them, even though they knew losing their jobs was a possibility. Hostess has been on it's last legs for many many years because they make products not enough people want anymore.

So going from getting something to getting nothing is the right call? Since they were on strike, they might not even be elegible for unemployment. How about keep working for less money, and meanwhile start looking for something else? That seems rational. What the bakers union did was irrational. They made the teamsters look smart by comparison, and that takes some doing.

[Kevin Greene]

When you dont rise to the occasion, business falls flat.

[pstall]

are we trying to reheat this thread?

[rodeo]

Wow, CEO tripled his own pay all while convincing most of the population that him running the company into the ground was the fault of the labor.

I bet he could convince 90% of the Tinderbox to let him bang their wives too.

[stirs]

Wow, CEO tripled his own pay all while convincing most of the population that him running the company into the ground was the fault of the labor.

I bet he could convince 90% of the Tinderbox to let him bang their wives too.

I would probably strike at that point.

[pstall]

Wow, CEO tripled his own pay all while convincing most of the population that him running the company into the ground was the fault of the labor.

I bet he could convince 90% of the Tinderbox to let him bang their wives too.

its called breaking the union. only way in many cases is to just run the comp into the ground. its dumb and spiteful but both sides do it to themselves time and again.

[Davidson Deac II]

Wow, CEO tripled his own pay all while convincing most of the population that him running the company into the ground was the fault of the labor.

I bet he could convince 90% of the Tinderbox to let him bang their wives too.

That was the previous CEO. The current CEO, who was brought in first as CFO and a restructuring effort, is getting paid one dollar for the entire year, as are the other three top executives for the company.

Hostess is Bankrupt

Rayburn announced that the pay of the four top executives would go down to $1 for the year, but that their full salaries would be reinstated no later than Jan. 1. Hostess pays Rayburn $125,000 a month, according to court filings.

Or maybe you meant he tripled his salary to $3

[rodeo]

That was the previous CEO. The current CEO, who was brought in first as CFO and a restructuring effort, is getting paid one dollar for the entire year, as are the other three top executives for the company.

Hostess is Bankrupt



Or maybe you meant he tripled his salary to $3

Yeah the story I read is now updated with a correction that it was the previous CEO earlier this year. Even still, he did it knowingly while the company was preparing for bankruptcy.

http://www.sacbee.com/2012/11/13/4983174/hostess-continues-pattern-of-misinformation.html#storylink=cpy

[cookinwithgas]

Hey guys. those last 5 CEOs were total incompetent dicks but don't worry we have a new one and we promise he isn't a total dick this time, honest!

[mmmbeans]

http://www.dailykos....Hostess-Bankery


interesting anecdotes... apparently management also stole the unions' self-funded pension contributions.

[Montsta]

I knead to get in on this thread before it's too late.

[g5jamz]

Santa just won't have the same twinkie in his eye this season...