It's a good thing the better alternative is still on the market.
The workers weren't going to take a drastic pay cut for a failing product. I'm not agreeing with them, but I hope we see the fault of the company decision-makers as well.
Hostess has been the biggest symbol for eating poorly, outside perhaps for McDonalds. Steve Ettleinger wrote a very popular book called, Twinkie Decontructed, which broke down how bad processed foods are for your health.
If we are going to talk about personal responsibility for your own health in one thread, we should be talking about Hostess changing their products with the times in another. Hostess produced crap that dieticians have been warning us against since the 80s.
"This was a difficult decision," said Teamsters General Secretary-Treasurer Ken Hall. "At the end of the day, our members recognized that they can't replace their pay and benefits in the non-union sector."
18,500 jobs destroyed by a 5,000 member union refusing to budge at the bargaining table. Awesome. I love our liberal overlords.
The workers weren't going to take a drastic pay cut for a failing product.
The new contract cut salaries across the company by 8% in the first year of the five-year agreement. Salaries were then scheduled to bump up 3% in the next three years and 1% in the final year.
Hostess also reduced its pension obligations and its contribution to the employees' health care plan. In exchange, the company offered concessions, including a 25% equity stake for workers and the inclusion of two union representatives on an eight-member board of directors.
Randolphkeys said:I'm not agreeing with them, but I hope we see the fault of the company decision-makers as well.
Hostess has been the biggest symbol for eating poorly, outside perhaps for McDonalds. Steve Ettleinger wrote a very popular book called, Twinkie Decontructed, which broke down how bad processed foods are for your health.
If we are going to talk about personal responsibility for your own health in one thread, we should be talking about Hostess changing their products with the times in another. Hostess produced crap that dieticians have been warning us against since the 80s.
This who thing make me sick, the union would not agree to take less, now the government and the tax payers get to flip the bill for them to sit at home. I believe unions do have a place, but this is a prime example showing unions have to much power.
Just another union story, I have a friend who is part of a union, received his job about 2 years ago, and has been a hard and loyal worker, he has built the reputation as one of the best workers at his job. Last month, the company he worked for had to lay some people off, he was the first to go because of seniority. The company was forced to keep workers that produced less then he did, and made almost 30% more then he did. What would have been better for the company, a guy who is more productive and makes less, or a guy who is unproductive and makes more.
Unfortunately that's not an isolated incident. Seniority is king in union environments.