@Imperious:
Well some have can blamed management, but those executive increases aren’t gonna be paid in any case.
Reminds me of when Reagan fired the traffic controllers union. What an awesome day that was!
The economy can’t afford these benefits and practically nobody gets so many benefits…especially making bakery goods. No wonder why generations of people worked for them. They knew a good thing when they saw it.
“Many production workers earned up to $20 an hour, plus had access to medical benefits,”
“Trucking is a higher paying field, offering a national average of $22 an hour. Including base pay and commission, Hostess Teamsters workers could have earned between $50,000 to $100,000 a year, said O’Brien”
100K for delivering zinger’s? Oh boy. not a sustainable business IMO.
They filed for chapter 11, but ANOTHER company will buy the assets, minus the damm Union and rehire them at sustainable wages and benefits. That will teach them.
I completely agree with you. I’m very anti-union and believe that many of these unions have outlived their purposes. Not that I wouldn’t mind delivering Zingers for 100K, but I agree that it is a bad company model. I wasn’t really old enough/self aware of the politics in the 80’s at the time, but have heard numerous stories of the day Reagan fired the union.
I hate when teachers strike too, but I’ll save that for another day.
I know of businesses that were flailing, but I didn’t think Hostess was one of those. I sure expected to see JCP, Best Buy, Sears, and American Airlines fold here in the near future, not Hostess.