Hostess Brands said Wednesday that it will go into liquidation unless bakers striking in protest against a new contract imposed in bankruptcy court return to work by the end of the day Thursday.
Looks like today might be the end of Twinkies.
http://money.cnn.com/2012/11/14/news/companies/hostess-liquidation-thursday/index.html?iid=Popular
Maybe after the dust settles the Chinese will buy the rights to Twinkies and make them in China for sale in the US.
This guy will pissed
Yet again... stupid union workers are choosing no job and zero benefits.
Yet again... stupid union workers are choosing no job and zero benefits.
No job is better than a job making $8 an hour with no benefits working for some asshole who is trying to up productivity and cut costs to impress his imperial slave masters. Meanwhile, there are people in that company making millions. So yeah, read the article next time. They already accepted a deal that lowered their salaries and took their benefits before, enough is enough.
How low a wage should people accept? Is $5 an hour a suitable wage to pay someone? I think we are re-litigating debates we had in prior points in the history of our country.
No wage is low enough for a Rightist unless it is his/her wages.
Beat me to it...lol
My wife and I saw chocolate Twinkies in the store the other day and we both commented on whether Tallahassee would eat them.
How low a wage should people accept? Is $5 an hour a suitable wage to pay someone? I think we are re-litigating debates we had in prior points in the history of our country.
I had no idea their wages were cut to 5 dollars an hour. Soon it looks like they will be cut to 0 dollars an hour and twinkies will be made in China. Those jobs never to come back.
At what point do unions and their members look at reality and realize a company in bankruptcy has nothing else to give?
And I think the most interesting thing about this story is they are asking for an initial pay cut then will grant pay increases after. In other words the company is trying to get through bankruptcy and asking the workers to sacrafice some to keep their jobs. The workers are apparently saying they would rather not have a job.
Are you saying that If it gets to point where a company can only pay $5 and hour. The workers should accept that and continue working?
And do you plan to answer my questions about at what point does a union and its members face reality?
Are you saying that If it gets to point where a company can only pay $5 and hour. The workers should accept that and continue working?
If wages are too low, find a higher-paying job or improve your skills/resumé so you can get a higher-paying job.
When they are roasting the greedy pig that tried to pay them 5$ to support their family and realize they didn't bring any salt?
Hostess filed for bankruptcy in January, its second trip to bankruptcy court since 2004.