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

  1. #281
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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Harry Guerrilla View Post
    Executive management have already had their pay cut to $1 a year......
    Good to know that it will be a case of "shared sacrifice" after all. Mind you, I'm not advocating for any cuts of any specificity, just refuting the notion that executive pay isn't relevant to a cost cutting effort by a corporation of any kind.

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

    Quote Originally Posted by a351 View Post
    That's ultimately their judgement.
    It sure was, and it's now been proved beyond a shawdow of a doubt, that their judgement sucked.

    Quite obviously costs had to be minimized in some manner, why wouldn't executive and managerial pay come into play at some point in the talks?
    That wasn't the issue... Are you kidding me?

    This was between the bakers and the company... Nobody else. Besides, all the companies payroll issues had been settled with everyone execpt with the bakers union.

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

    Quote Originally Posted by rocket88 View Post
    Then why are they having trouble with Unions? I thought the whole point of the "right to work" was to put unions out of business.
    1-888-NO-UNION.COM
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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by VanceMack View Post
    It seems like a win-win. Not sure what everyone is upset about. Hostess says it must cut costs due to a bankruptcy agreement and will in no uncertain terms shut down if the strike continues. Unions declare they refuse to work for the salaries offered. Shut it down. Win win. The world will live without Twinkies.
    bite your tounge. the end of the Twinkie is surely a sign of impending doom.
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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by AdamT View Post
    That could be the case, sure.
    So management is at fault because they entered into union contracts they thought they could support. Then they find out to survive they need to cut back on those union packages and the union says "NO". So under that logic the union is at total fault for the closing of the company. And you wonder why people hate unions. Cities all across this country are taking on the unions or go bankrupt, and in many cases they go bankrupt. Then the unions are busted by the bankruptcy laws, unless you have Obama bail out the state or city and keep his beloved unions on the government payroll.
    Liberals - Punish the Successful, Reward the Unsuccessful
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    re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by rocket88 View Post
    It makes a huge difference. If they'd been better managed 5 years ago, they'd still be in business.
    That's certainly true. Had they closed their American plants and moved production to Mexico they'd be fabulously profitable about now. THAT would have been good management. But for some reason they had to stay loyal to US workers, the doofs. Fat lot of good it did them.

    "The urge to save humanity is almost always a false front for the urge to rule." --HL Mencken

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

    Quote Originally Posted by LowDown View Post
    That's certainly true. Had they closed their American plants and moved production to Mexico they'd be fabulously profitable about now. THAT would have been good management. But for some reason they had to stay loyal to US workers, the doofs. Fat lot of good it did them.
    One of the speculative suitors is a Mexican company, who would most probably produce at least some of the product in Mexico and ship it here.

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

    Quote Originally Posted by rocket88 View Post
    It makes a huge difference. If they'd been better managed 5 years ago, they'd still be in business.
    That seems like a HUGE overreach…
    Twinkies maker Hostess Brands Inc., is again seeking protection from its creditors, filing for Chapter 11 bankruptcy as the company tries to cope with high debt and rising costs of labor and raw materials….

    …In this most recent filing, Hostess lists the Bakery and Confectionary Union Pension fund as its largest creditor, with a debt of $994 million. Hostess is also behind in payments to a long list of suppliers, such as Cargill."
    Hostess, Maker Of Twinkies, Files For Chapter 11 Bankruptcy Protection : The Two-Way : NPR

    Given the lack of management’s control over union’s driven ‘rising costs of labor’ and the on rising ‘raw materials’ I’m not sure that ‘better managed 5 years ago, they'd still be in business’ can be asserted . Can you expound on this assertion with specificity?

    …thx
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

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

    Quote Originally Posted by rocket88 View Post
    It makes a huge difference. If they'd been better managed 5 years ago, they'd still be in business.
    If the bakers' union hadn't stayed on strike they'd still be in business. What the heck are you talking about?
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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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
    The Union was being greedy in the sight of a failing company.
    They screwed their members over as well as another's Unions members and the non-union workers as well.


    Give it a shot slick.
    You will be wrong from the get.
    But I do not expect a socialist to understand that.
    Really?



    What is your counter argument? Or is this where you just nod like all Plutocrat sycophants do and say "my counter argument is top secret, you gotta be in the club to know"?

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