Page 43 of 66 FirstFirst ... 33414243444553 ... LastLast
Results 421 to 430 of 653

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

  1. #421
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

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

    Quote Originally Posted by MaggieD View Post
    I think you've lost sight of what you're arguing about. If you're saying that executive greed may have contributed to the destruction of Hostess, I doubt anyone would disagree with you. So what are you arguing??
    What I've been sayingis that Hostess' executive's greed is what got in the way of reaching a deal with the union.

  2. #422
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

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

    Quote Originally Posted by Dickieboy View Post
    No, I caught that but I typically require a little more proof than 'Some unsecured creditors had informed'...do you have anything more credible?
    Why on Earth do I need something more credible than your source???



    Are you saying your source isn't credible???

  3. #423
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

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

    Quote Originally Posted by Dickieboy View Post
    Did you miss where I said 'You are correct'? Considering the cost difference - 4 Mgt x $1 = $4 and bakers 4,000x40hrsx$18x4wksx10mo=$115m It may have been more beneficial to the overall outcome if the Bakers had agreed to what management had agreed to...but of course I'm sure you would disagree with that...huh?
    The top executives agreed to, what amounts to no salary, for less than a year. At which time, they return to their previous salaries that were increased by as much as 80% in anticipation of filing for bankruptcy.

    I have no doubt that had execs made that same offer to the rank & file employees (to go for 9 months without any salary but then go from $20/hour to $36/hour (an 80% increase)), the strike would have ended immediately.

  4. #424
    Sage

    Join Date
    Oct 2011
    Last Seen
    07-25-17 @ 12:35 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    5,878

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

    Quote Originally Posted by Sheik Yerbuti View Post
    Why on Earth do I need something more credible than your source???



    Are you saying your source isn't credible???
    Ah, being obtuse I see...carry on
    "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!

  5. #425
    Sage

    Join Date
    Oct 2011
    Last Seen
    07-25-17 @ 12:35 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    5,878

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

    Quote Originally Posted by Sheik Yerbuti View Post
    The top executives agreed to, what amounts to no salary, for less than a year. At which time, they return to their previous salaries that were increased by as much as 80% in anticipation of filing for bankruptcy.

    I have no doubt that had execs made that same offer to the rank & file employees (to go for 9 months without any salary but then go from $20/hour to $36/hour (an 80% increase)), the strike would have ended immediately.
    Ok, let's compare. Four exec went from +/-$750k/yr = 3m/yr to 5.4m/yr. Bakers w/80% increase annually would be $133m. OH yes I see your logic now...considering the exec increase is .6% of the debt and the Bakers increase would be 15% of the debt that SURELY would be sustainable...try again
    "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!

  6. #426
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

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

    Quote Originally Posted by Dickieboy View Post
    Ok, let's compare. Four exec went from +/-$750k/yr = 3m/yr to 5.4m/yr. Bakers w/80% increase annually would be $133m. OH yes I see your logic now...considering the exec increase is .6% of the debt and the Bakers increase would be 15% of the debt that SURELY would be sustainable...try again
    No, you don't see. I never said the executives' collective salaries were greater than the collective salaries of the employees.

    I said their greed is what prevented a deal from being reached.

  7. #427
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

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

    Quote Originally Posted by Dickieboy View Post
    Ah, being obtuse I see...carry on
    Not being obtuse. Merely pointing out that if YOUR source is good enough for you, I expect you to accept YOUR source as good enough for me.

    Of course, the flip side to that is why are you citing sources you find not credible enough to be cited???


  8. #428
    On Vacation
    joko104's Avatar
    Join Date
    Jan 2009
    Last Seen
    Yesterday @ 10:41 AM
    Lean
    Undisclosed
    Posts
    31,568
    Blog Entries
    2

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

    Why should the stockholders, board of directors or anyone else care about the employees? What happened is the correct thing in the New America. Employers and employees are fundamentally enemies who rightly should get as much as they can from and give as little as possible to employees.

    The social benefactor is the government, not companies or employers.

    ^ Those are the rules that people just voted for. So that's the playing field. Everyone for him/herself and any pity or charity is concerns of the government, which the goverment must take care of. So the ONLY possible complaint the 18,000 employees might legitimately have is if the government does not sufficiently take care of them now. That's what the government is for.

  9. #429
    Sage


    MaggieD's Avatar
    Join Date
    Jul 2010
    Location
    Chicago Area
    Last Seen
    @
    Gender
    Lean
    Moderate
    Posts
    43,243
    Blog Entries
    43

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

    Quote Originally Posted by winston53660 View Post
    Hostess was a sinking ship and had they undermined their peers at other bakeries that would probably be frowned on if they managed to get hired at another bakery.
    That is one desperate reach to appear right.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  10. #430
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

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

    Anybody else buy Hostess products since Friday for the first time in years?

Page 43 of 66 FirstFirst ... 33414243444553 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •