Page 1 of 66 1231151 ... LastLast
Results 1 to 10 of 653

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

  1. #1
    Battle Ready
    Grim17's Avatar
    Join Date
    Jul 2009
    Location
    Southwestern U.S.
    Last Seen
    Today @ 10:20 PM
    Gender
    Lean
    Conservative
    Posts
    24,139
    Blog Entries
    20

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

    This isn't good... I guess the question for the union workers is:

    Is a job with a cut in pay, better than no job at all?


    Hostess threatens to lay off 18,000 employees unless strike ends


    TULSA - Hostess Brands, Inc. is telling its 18,000 workers to either get back to work by 5 p.m. Thursday or face unemployment.

    In a statement found on the company's website , Hostess threatened to "liquidate the entire company if enough striking employees do not return to work" by the given time.

    “We simply do not have the financial resources to survive an ongoing national strike,” said Gregory F. Rayburn, the Company’s Chairman and CEO.
    Read more: Hostess announces possible liquidation

  2. #2
    Sage
    Fisher's Avatar
    Join Date
    Sep 2012
    Last Seen
    12-06-13 @ 02:44 PM
    Gender
    Lean
    Very Liberal
    Posts
    17,002

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

    "Suck it, Big Boss Man, Obama won!!!"....oops

    On the plus side, whoever buys Hostess will likely make them cheaper to reinsert the brand into the market......I better stock up on Ding Dongs though......

  3. #3
    Uncanny
    Paschendale's Avatar
    Join Date
    Nov 2010
    Location
    New York City
    Last Seen
    03-31-16 @ 04:08 PM
    Gender
    Lean
    Socialist
    Posts
    12,510

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

    And this is why unions exist. So that those who have money and power cannot exercise that power over everyone else with impunity.
    Liberté. Égalité. Fraternité.

  4. #4
    Educator straykatz's Avatar
    Join Date
    Apr 2012
    Location
    Texas
    Last Seen
    Today @ 03:43 AM
    Gender
    Lean
    Moderate
    Posts
    752

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

    Quote Originally Posted by Grim17 View Post
    This isn't good... I guess the question for the union workers is:

    Is a job with a cut in pay, better than no job at all?




    Read more: Hostess announces possible liquidation
    I think if you went out and asked individuals who have lost their jobs and are still unemployed that many of them would say a pay cut would be better than no job at all.....I don't know what kind of wages these people have but I'm sure if they are union it is more than minimum wage or an unemployment check.

  5. #5
    Banned
    Join Date
    Nov 2010
    Last Seen
    02-13-13 @ 12:05 PM
    Gender
    Lean
    Undisclosed
    Posts
    18,536
    Blog Entries
    4

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

    It'd be interesting to see how this unfolds. There should come a point where a business simply can't survive by giving into a union's demands.

  6. #6
    Battle Ready
    Grim17's Avatar
    Join Date
    Jul 2009
    Location
    Southwestern U.S.
    Last Seen
    Today @ 10:20 PM
    Gender
    Lean
    Conservative
    Posts
    24,139
    Blog Entries
    20

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

    Quote Originally Posted by Fisher View Post
    "Suck it, Big Boss Man, Obama won!!!"....oops

    On the plus side, whoever buys Hostess will likely make them cheaper to reinsert the brand into the market......I better stock up on Ding Dongs though......
    The company has made it clear, that there is nobody waiting in the wings to buy them, nor anyone even offering to do so.

  7. #7
    Battle Ready
    Grim17's Avatar
    Join Date
    Jul 2009
    Location
    Southwestern U.S.
    Last Seen
    Today @ 10:20 PM
    Gender
    Lean
    Conservative
    Posts
    24,139
    Blog Entries
    20

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

    Quote Originally Posted by straykatz View Post
    I think if you went out and asked individuals who have lost their jobs and are still unemployed that many of them would say a pay cut would be better than no job at all.....I don't know what kind of wages these people have but I'm sure if they are union it is more than minimum wage or an unemployment check.
    The workers did average $20 per hour, and average over $18 an hour now with the pay cut.

  8. #8
    Sage
    Lutherf's Avatar
    Join Date
    Sep 2012
    Location
    Tucson, AZ
    Last Seen
    Today @ 10:26 PM
    Gender
    Lean
    Conservative
    Posts
    24,695

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

    Quote Originally Posted by Paschendale View Post
    And this is why unions exist. So that those who have money and power cannot exercise that power over everyone else with impunity.
    Hostess is in CH 11 right now and these cuts are part of that agreement. If they don't get these cuts then they can't complete the reorganization which only leaves the option of liquidation. The union is cutting off their nose despite their face but, frankly, it's the free market at work and I'm all for letting them reap the results of what they have sown.

  9. #9
    Banned
    Join Date
    Mar 2010
    Last Seen
    07-19-17 @ 03:51 PM
    Gender
    Lean
    Libertarian
    Posts
    60,458

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

    Quote Originally Posted by Paschendale View Post
    And this is why unions exist. So that those who have money and power cannot exercise that power over everyone else with impunity.
    Going on strike when the company they work for is going bankrupt is the dumbest thing they could be doing right now.

  10. #10
    Battle Ready
    Grim17's Avatar
    Join Date
    Jul 2009
    Location
    Southwestern U.S.
    Last Seen
    Today @ 10:20 PM
    Gender
    Lean
    Conservative
    Posts
    24,139
    Blog Entries
    20

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

    Quote Originally Posted by Lutherf View Post
    Hostess is in CH 11 right now and these cuts are part of that agreement. If they don't get these cuts then they can't complete the reorganization which only leaves the option of liquidation. The union is cutting off their nose despite their face but, frankly, it's the free market at work and I'm all for letting them reap the results of what they have sown.
    Which I predict, is exactly what is going to happen... Our economy will shed another 18,000 jobs thanks to their BS.

Page 1 of 66 1231151 ... 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
  •