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Apparently Hostess's bakers went on strike and the CEO gave them until 5 p.m. last night to come to an agreement or else they'd close the company. The bakers continued to strike and the CEO declared bankruptcy. Around 18,000 employees will be kicked to the curb and God knows what will happen to Twinkies, Wonder Bread, etc. The CEO is in the midst of selling those particular licenses to other companies. Some union called The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union is apparently to blame for the strike.
Good, stuff is straight up poison
No twinkies? What will we eat in the Apocalypse?
Beef jerky is basically destruction-proof, right?
When this dude finds out, heads will roll.
Good. Crazy ass Union bakers probably wanted 40 bucks an hour to work the oven.
Now If states would follow suit with Teacher unions the world would be right.
This post was edited by DrStache 17 months ago
In related news, riots have erupted across Mississippi
Not guilty y'all got to feel me
This. Socialism FTL
Only 5,000 of the 18,500 workers were union.
72% of them were smart.
100% are now unemployed.
They will still exist.
Hostess just sold all the brands to other companies
Talk about playing hardball lol.
Because 25% of them are idiots.
Talk about your all time backfires...
You're acting like this is a good thing.
It is in the long run. I hate it for the 13000 non-union employees but 5000 union members wouldn't break their strike. The owner tells you they can't maintain it's financial stability then what else can e done? Same thing should have happened at GM,Chyrsler and Ford. Should have let those companies go into bankruptcy. They could have come out stronger, union free and if they didn't, new companies with better business plans could have taken their place in the market. Unions do nothing but drive costs of operation up and companies can't compete with the likes of Toyota and still earn profits that keep shareholders happy.
Looks like someone just informed Hoke...
Agree. In economics sometimes things have to die before there can be growth
Stupid fvcking unions.
3 time POTW, member since 2006, MLWTI: 4-3
This didn't just happen overnight it's been going on for years. The Teamsters settled with the bakery for an 8% increase but the other union turned it down.
Does that sound like the bakeries fault?
Looks like another perfect day.
Damn union ruined something else
mkillian247 on twitter..... I say a lot of stuff you wont care about.
I'm not sure if this played a role or not but top management personnel increased their salaries by 75% to 80% back in July 2011.
Actually know a guy who lost his job at their Columbus Indiana plant today. Called him this afternoon and from what he tells me all the non-union workers are extremely pissed at the strikers, and some of the union workers are mad with the union as well.
He says that Hostess made their position very clear and that the Union must have thought they were bluffing all the way till the end. Ultimately the union cost their members their jobs demanding pay raises from a struggling company.
Strangely he says that quite a few of the strikers somehow think they have won by "sticking it to the man". Weird.
Unions are a cancer. This isn't 1940 anymore.
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