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Thread: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    With unemployment paying $11 an hour, why work for $18? The government is going to literally finance the destruction of Hostess.

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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Fisher View Post
    Little Debbie and whoever buys the rights to the Hostess Brands
    Why can't the union just take over like workers did in Argentina when factories closed down? Let Hostess become an employee-owned company.

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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Zalatix View Post
    Why can't the union just take over like workers did in Argentina when factories closed down? Let Hostess become an employee-owned company.
    It wouldn't be employee owned, it would be union owned.
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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Zalatix View Post
    Why can't the union just take over like workers did in Argentina when factories closed down? Let Hostess become an employee-owned company.
    Let?
    Because the Name, property, and equipment belongs to the Company/Share holders.

    Let the Union and the employees buy it if they can afford it.

    What's really messed up about this is basically you have one Union screwing over it own members and another Union just to make a point.
    And some people think Unions actually care about them. Doh!
    Last edited by Excon; 11-16-12 at 07:47 AM.

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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Excon View Post
    Let?
    Because the Name, property, and equipment belongs to the Company/Share holders.

    Let the Union and the employees buy it if they can afford it.

    What's really messed up about this is basically you have one Union screwing over it own members and another Union just to make a point.
    And some people think Unions actually care about them. Doh!
    Unions are fighting for better wages. Sorry but the world doesn't work the way Gina Rinehart thinks it should.

    Should I point out how wages have failed to keep up with productivity growth?

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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Excon View Post
    Let?
    Because the Name, property, and equipment belongs to the Company/Share holders.

    Let the Union and the employees buy it if they can afford it.

    What's really messed up about this is basically you have one Union screwing over it own members and another Union just to make a point.
    And some people think Unions actually care about them. Doh!
    Unions are trying to get better wages for workers. You do realize, of course, that workers have become 300% as productive as they were in 1947, but have only received about a 100% wage increase since then? Workers are giving Corporations far more than they're getting in return.

    Get used to workers fighting for better wages - nationwide. Your beloved CEOs get better pay as time goes on. Workers are people, too.

    Sorry, but reality isn't what Gina Rineheart says it is.

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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Zalatix View Post
    Why can't the union just take over like workers did in Argentina when factories closed down? Let Hostess become an employee-owned company.
    If it liquidated they could if they bought what they need from the bankruptcy trustee to reopen, but I doubt the employees have the money. When that has happened in the US, it usually was when there was a large multi-generation pension plan that bought the company's stock out.

    EDIT: It is done.

    http://www.nbcnews.com/business/host...ness-1C7112898

    In a statement, Hostess said its bakery operations have been suspended at all plants and that it would lay off most of its 18,500 workers to focus on selling its assets. It said it has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets, including 33 bakeries and 565 distribution centers.

    The company said it would continue to deliver products and its stores would remain open for several days to sell already-baked products.

    "The Board of Directors authorized the wind down of Hostess Brands to preserve and maximize the value of the estate after one of the company's largest unions, the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM), initiated a nationwide strike that crippled the company's ability to produce and deliver products at multiple facilities," Hostess said in the statement.
    Last edited by Fisher; 11-16-12 at 09:05 AM.

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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    too bad i guess.. but they havent made a good fruit pie in years.. probably decades..

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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Dickieboy View Post
    No, honestly it was self concern...I don't want to pay more for a loaf of bread...
    since when is wonderbread the cheapest bread? it is usually a local or store brand....
    besides, wonderbread sucks....
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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    The people's mindsets need to change. 18,000 unemployed now. They opted to be unemployed instead of a small sacrifice with a paycut. We took a nation-wide paycut and salary increment freeze for 2 years when the economy was bad.

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