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Thread: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Ok...it's a surprise to me that anyone eats that over-priced garbage anymore. In most cases they sit next to the fresh bakery donuts and pastries..and cost more.

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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Quote Originally Posted by lizzie View Post
    I think it's a sign that the Zombie Apocalypse is imminent.
    I says we pull together an Occupy Hostess sit in.

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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Quote Originally Posted by MaggieD View Post
    Since people have lost faith in their companies, most employees probably don't believe the company that they'll go out of business with a significant work stoppage -- and that they need to make these cuts to survive.

    Too bad.

    Twilight for Twinkies? Hostess Workers Strike as Company Struggles - ABC News
    Personally I blame extremely high executive pay and benefits while at the same time cutting the wages and jobs of workers at the bottom for the perception that companies are lying when they say they are struggling. I remember years ago there were stories of American airlines or some other airlines cutting the wages of their workers and then turning around giving their CEO an extreme high salary and benefits.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Quote Originally Posted by jamesrage View Post
    Personally I blame extremely high executive pay and benefits while at the same time cutting the wages and jobs of workers at the bottom for the perception that companies are lying when they say they are struggling. I remember years ago there were stories of American airlines or some other airlines cutting the wages of their workers and then turning around giving their CEO an extreme high salary and benefits.
    I think these companies run into the very same thing my small company ran into. As employees stayed with my company longer and longer, their raises finally priced them out of the job they held. After a year, an employee doing a rote job is pretty well trained. After 20 years, why should he be making three times what I can hire a new person for?

    Should we really be rewarding longevity alone? Does that make economic sense to you?
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Quote Originally Posted by MaggieD View Post
    I think these companies run into the very same thing my small company ran into. As employees stayed with my company longer and longer, their raises finally priced them out of the job they held. After a year, an employee doing a rote job is pretty well trained. After 20 years, why should he be making three times what I can hire a new person for?

    Should we really be rewarding longevity alone? Does that make economic sense to you?
    There was your mistake--you gave them raises--know better next time

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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Quote Originally Posted by MaggieD View Post
    Tommy Boy worked for two companies (union shops) that told their workers the same thing: take concessions or we are going to have to close the plant. In each case, the unions said, "You're liars!!" In both cases, the plants closed. On the second one, Tom believed them and tried to talk to other workers. They'd have none of it. Their union said, "Strike!" They struck. The company closed three or four months later. Pensions taken over by the PBGC, retiree healthcare lost . . . what a tragedy.

    These workers are foolish, in my opinion. Their unions should be working with the company, not against it.
    Union members never believe what the company says right up to the point where the company closes and they lose their job and much of their pension. The whole union ethos encourages this sort of adversarial relationship.

    It's time that Wagner Act unionism was brought to an end. The government has taken over the task of protecting workers anyway.

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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Quote Originally Posted by MaggieD View Post
    I think these companies run into the very same thing my small company ran into. As employees stayed with my company longer and longer, their raises finally priced them out of the job they held. After a year, an employee doing a rote job is pretty well trained. After 20 years, why should he be making three times what I can hire a new person for?

    Should we really be rewarding longevity alone? Does that make economic sense to you?
    Neither does the fact that Hostess has been put through bankrupcty a few times before in just the recent past. What has management done during the last period, how much if any money did the PE funds take out of Hostess, how did they get a $700 million dollar loan without fixing the problems the last time they went bankrupt. I would not be suprised if alot of money was paid out to the investors
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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Quote Originally Posted by MaggieD View Post
    I think these companies run into the very same thing my small company ran into. As employees stayed with my company longer and longer, their raises finally priced them out of the job they held. After a year, an employee doing a rote job is pretty well trained. After 20 years, why should he be making three times what I can hire a new person for?

    Should we really be rewarding longevity alone? Does that make economic sense to you?
    On the last job I got, as a nurse (my current one), starting pay was based on career years, with 8 years as an RN being the max starting pay. I (at the time) had been a registered nurse for 22 years, so I naturally was maxed from the start, with the exception of yearly across the board pay raises, for every employee in the hospital, based on a yearly job performance review. There really is no sensible reason to pay anyone with 22 years of experience any more than a nurse with 8 years of experience, as we are doing the exact same job. It seems like a happy medium from my standpoint.
    "God is the name by which I designate all things which cross my path violently and recklessly, all things which alter my plans and intentions, and change the course of my life, for better or for worse."
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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Quote Originally Posted by Lord Tammerlain View Post
    Neither does the fact that Hostess has been put through bankrupcty a few times before in just the recent past. What has management done during the last period, how much if any money did the PE funds take out of Hostess, how did they get a $700 million dollar loan without fixing the problems the last time they went bankrupt. I would not be suprised if alot of money was paid out to the investors
    I don't know the details and neither do any of us. But what we do know is that the union recommended a strike that is more than likely going to put this company out of business.

    As LowDown says above, the complete adversarial relationship has got to stop. Hostess financials are public record. Their bankruptcy proceedings are public record. The union recommended a strike. Was that the wise move? Time will tell, I guess:

    In July, 2012, the New York Post reported that negotiations (lead by Silver Point Capital) with the Teamsters Union were close to a possible agreement that could allow Hostess Brands to cut employee pay and benefits, if the company maintained funding of existing pension plans. In May, all 19,000 workers had been warned (as required by the Worker Adjustment and Retraining Notification Act) that they could face a mass layoff. In an email to the Appeal-Democrat Hostess spokesman Erik Halvorson said that the May notices were to alert employees to possible sale or wind down of the company, but that "our goal is still to emerge from bankruptcy as a growing company with a strong future." These layoff notices listed the dates as July 7-21, but on July 5 another company spokesman told the Financial News & Daily Record that there were no immediate plans to start laying off Hostess employees.[17] In November 2012, Hostess employees nationwide went on strike. The Bakery, Confectionery, and Tobacco Workers International union, which represents 6,600 Hostess employees, took the strike action after the latest contract proposal from Hostess Brands was rejected by 92 percent of its members. In response, Hostess Brands issued the following statement:"A widespread strike will cause Hostess brands to liquidate if we are unable to produce or deliver products. If that's the case, the company will move promptly to lay off most of its 18,300-member workforce and focus on selling its assets to the highest bidders. We urge our employees to remain on the job to rebuild the company.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Twilight for Twinkies? Hostess Workers Strike as Company Struggles

    Quote Originally Posted by MaggieD View Post
    I don't know the details and neither do any of us. But what we do know is that the union recommended a strike that is more than likely going to put this company out of business.

    As LowDown says above, the complete adversarial relationship has got to stop. Hostess financials are public record. Their bankruptcy proceedings are public record. The union recommended a strike. Was that the wise move? Time will tell, I guess:
    Frankly, what unions are eventually going to realize, is that they have priced themselves out of the market in many cases. I think it's pretty sad, but I would bet those same union members eagerly buy cheap crap made overseas or in Mexico, so essentially they aren't willing to support their bretheren American workers.
    "God is the name by which I designate all things which cross my path violently and recklessly, all things which alter my plans and intentions, and change the course of my life, for better or for worse."
    -C G Jung

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