Tornicade
2018 RBF League Champion
- Joined
- May 11, 2011
- Messages
- 17,542
- Reaction score
- 10,441
- Points
- 123
this is ridiculous. you act this is something that just came abut this month . this is a culmination of a decade of mismanagement
http://bctgm.org/PDFs/HostessFactSheet.pdf
that s from the group that went on strike. Hostess made their offer and I doubt bctgm will have little problems showing their right to strike as outlined by the bankruptcy court.
the company has shut down 21 plants since 2004.
they took the concessions the company did obtain and did not reinvest them into the business.
The companies bankruptcy plan doesnt cut the mustard.
the company certainly didnt ask anyone when they stopped paying pensions.
This company has spent over 7 years in bankruptcy court. the after efects of everything that happened will be a case study for years to come. there will be alot of manuevering and at some point the bankruptcy court wil want to hold someone accountable. 6 ceo's in 10 years is alot of eleadership change.
© 2012 BCTGM | The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union
In bankruptcy court, Hostess retained one of the top law firms in the nation (Jones Day) at ludicrously high hourly rates and attacked its union contracts. Hostess has demanded:
An immediate 8% wage reduction;
The shift of at least 20% more health care costs onto its employees,
Elimination of the employees’ W-1 (retiree medigap insurance) and P-Plan (a pension supplement used to pay health and funeral costs);
Closure of additional plants (10-12), refusing to tell the union which plants are profitable, which plants will be closed, why, etc.
Elimination of the eight-hour work day
12 plants would be closing not saying where and when. why would these guys agree to new contract that most likley would put them out of a job anyways.
http://bctgm.org/PDFs/HostessFactSheet.pdf
that s from the group that went on strike. Hostess made their offer and I doubt bctgm will have little problems showing their right to strike as outlined by the bankruptcy court.
the company has shut down 21 plants since 2004.
they took the concessions the company did obtain and did not reinvest them into the business.
The companies bankruptcy plan doesnt cut the mustard.
the company certainly didnt ask anyone when they stopped paying pensions.
This company has spent over 7 years in bankruptcy court. the after efects of everything that happened will be a case study for years to come. there will be alot of manuevering and at some point the bankruptcy court wil want to hold someone accountable. 6 ceo's in 10 years is alot of eleadership change.
© 2012 BCTGM | The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union
In bankruptcy court, Hostess retained one of the top law firms in the nation (Jones Day) at ludicrously high hourly rates and attacked its union contracts. Hostess has demanded:
An immediate 8% wage reduction;
The shift of at least 20% more health care costs onto its employees,
Elimination of the employees’ W-1 (retiree medigap insurance) and P-Plan (a pension supplement used to pay health and funeral costs);
Closure of additional plants (10-12), refusing to tell the union which plants are profitable, which plants will be closed, why, etc.
Elimination of the eight-hour work day
12 plants would be closing not saying where and when. why would these guys agree to new contract that most likley would put them out of a job anyways.
Last edited: