Yup, unions are awesome!

[Jazz Spazz]

How bad does a company have to be, in order for the workers to prefer closing it down to taking a pay cut? You're right, the workers are risking their homes. Perhaps they felt it's worth the risk, or perhaps they felt they would lose their homes even ifr Hostess stayed open.

If they've already taken a huge cut, then they are asked to take another cut? They were probably promised the first time something along those lines and it never materialized. I'm sure they knew the executives probably took less of a cut and still got their bonuses while they are all taking a huge hit.

Fool me once, shame on you. Fool me twice, shame on me.
The more I hear about this, the more I side with the employees.

They probably have already risked their homes or lost their homes with the huge pay cuts and another pay cut would be just as bad or worse than unemployment.

What's not to say the company would follow through with the raises and wouldn't ask for even more cuts later?

 

[RJF]

There was an 8% cut across the board with give backs in the years to follow. 92%>0%. If I wasn't headed out job hunting I would post the entire proposed(ratified by Teamsters) contract.

 

[Gyp Rosetti]

There was an 8% cut across the board with give backs in the years to follow. 92%>0%. If I wasn't headed out job hunting I would post the entire proposed(ratified by Teamsters) contract.

Not trying to be a dick but you sound bitter.

 

[Jazz Spazz]

There was an 8% cut across the board with give backs in the years to follow. 92%>0%. If I wasn't headed out job hunting I would post the entire proposed(ratified by Teamsters) contract.

After the 30% cuts in 2005, loss of pension in all reality, no pension for new employees, double cost on health insurance with less benefit... it all adds up.

There's more to it than just one number.

 

[Stoked]

After the 30% cuts in 2005, loss of pension in all reality, no pension for new employees, double cost on health insurance with less benefit... it all adds up.

There's more to it than just one number.

I have no problems with alot of the first cuts. However I wonder what cuts the CEOs and management made? Did they give up all bonuses,take a 30% cut in pay and other similar efforts to truly get the ball rolling?

Everyone needs to ante up so to speak.

 

[Jazz Spazz]

I have no problems with alot of the first cuts. However I wonder what cuts the CEOs and management made? Did they give up all bonuses,take a 30% cut in pay and other similar efforts to truly get the ball rolling?

Everyone needs to ante up so to speak.

I'm with you. I'm guessing they did not. More cuts turns it into a pattern. At first glance I was thinking the employees should just suck it up.... with more information coming out I'm not so sure.

 

[Stoked]

I'm with you. I'm guessing they did not. More cuts turns it into a pattern. At first glance I was thinking the employees should just suck it up.... with more information coming out I'm not so sure.

Knew I was right to withold opinion till I had more info.

 

[RJF]

92% is still greater than 0. It's just like any other job, if you're unhappy with it, find something else. Instead, approximately 5000 Bakers Union members put 18,500 out of work.

 

[Stoked]

92% is still greater than 0. It's just like any other job, if you're unhappy with it, find something else. Instead, approximately 5000 Bakers Union members put 18,500 out of work.

I am not rubber stamp union lover. However one could say that bad management had a healthy amount to do with the loss of those 18,500 jobs.

 

[Gameface]

92% is still greater than 0. It's just like any other job, if you're unhappy with it, find something else. Instead, approximately 5000 Bakers Union members put 18,500 out of work.

I'd say that 5000 workers were unwilling to take it up the *** for 18,500 other workers due to the mismanagement of the company. Just because there was no limit to the sacrifice the bakers union workers were unwilling to endure doesn't mean everything is their fault.

 

[Beantown]

I hate onions.

 

[One Brow]

92% is still greater than 0. It's just like any other job, if you're unhappy with it, find something else. Instead, approximately 5000 Bakers Union members put 18,500 out of work.

It's not like the marketplace will disappear. Instead, people will buy Dolly Madison, Little Debbies, etc. Those companies will need to hire more bakers, delivery people, etc. Things shift around.

Then again, I'm a liberal, so unlike conservatives, I believe in the strength of the free market.