Considering the products that "Hostess" produces, humanity would be better served if they never pulled another thing out of the oven, let them go bankrupt, they sell garbage and call it food
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Considering the products that "Hostess" produces, humanity would be better served if they never pulled another thing out of the oven, let them go bankrupt, they sell garbage and call it food
I take it you've never eaten it then?
And hey, while we're at it, let's just shut down all the Fast Food restaurants as well because they serve unhealthy stuff! Shut down the tobacco factories!! Shut down the candy bar manufacturers!!!
http://www.teamsters26.org/Flyers to Add/HOSTESS MANIPULATED PAY.pdfsource for the 80%?
The major flaw, contained right in the title, is thinking of the workers as one thing and the union as another thing. The workers ARE the union. The workers voted, and rejected the contract. This isn't the union doing something to the workers, this was the workers saying "Our labor costs more than that, if that's what you're offering, then we aren't selling our labor." That's capitalism in action. This company wasn't able - whether due to market forces or bad management or whatever - to survive in the market and so they failed. Capitalism isn't a one way street where owners are the only ones who get negotiating power, and the sales side isn't the only place competition occurs.
The major flaw, contained right in the title, is thinking of the workers as one thing and the union as another thing. The workers ARE the union. The workers voted, and rejected the contract. This isn't the union doing something to the workers, this was the workers saying "Our labor costs more than that, if that's what you're offering, then we aren't selling our labor." That's capitalism in action. This company wasn't able - whether due to market forces or bad management or whatever - to survive in the market and so they failed. Capitalism isn't a one way street where owners are the only ones who get negotiating power, and the sales side isn't the only place competition occurs.
Ridiculous straw man. Nobody is talking about shutting anyone down. It would actually be a good thing if, due to lack of demand, tobacco factories shut down. But nobody is talking about forcibly doing anything - they're talking about the invisible hand of the free market doing its job.
http://www.teamsters26.org/Flyers%20to%20Add/HOSTESS%20MANIPULATED%20PAY.pdf
However, in response they rolled back the raises. Food Business News | Hostess executives to roll back pay raises
Please note that I updated my post. The raises were rolled back due to the Teamsters making it public.Thanks, kermit. I saw the 80% claim echoed throughout the internet, but was having trouble finding a good source for it.
Please note that I updated my post. The raises were rolled back due to the Teamsters making it public.
That Hostess was willing to give extremely extravegant raises to the top execs while the company was going through bankruptcy proves the point that Hostess' problems were a management issue not a union issue.
Please note that I updated my post. The raises were rolled back due to the Teamsters making it public.
That Hostess was willing to give extremely extravegant raises to the top execs while the company was going through bankruptcy proves the point that Hostess' problems were a management issue not a union issue.
Perhaps the OP would care to explain why Germany, Canada, Finland and virtually every other modern democracy in the world have a higher % of unionized workers than the US - and yet they continue to remain competative.In 2010, the percentage of workers belonging to a union in the United States (or total labor union "density") was 11.4%, compared to 18.6% in Germany, 27.5% in Canada, and 70% in Finland. Union membership in the private sector has fallen under 7% — levels not seen since 1932.
..... The percentage of workers belonging to a union (or "density") in the United States peaked in 1954 at almost 35% and the total number of union members peaked in 1979 at an estimated 21.0 million.
Labor unions in the United States - Wikipedia, the free encyclopedia
You're pretty naive if you think the "workers ARE the union". It hasn't been that way for quite some time now.
Also, it's worth noting that most CEOs get most of their compensation as part of guaranteed bonuses. I know for a fact that the last CEO I worked for had a salary of $500k, but really made $2.5M.I saw that they rolled back the pay raises as a concession, but i agree with your assessment that it goes to the heart of my concern with corporate America that even as a company is failing, those at the top seek to (and most often successfully) profit immensely, even as they are failing at the jobs they are supposed to be doing, and often at the expense of the workers.
You are attempting to take the culmination of a series of misteps, over many years, by the company and place it all at the feet of the Bakers Union.Not particularly. I still think, based on what I read, that there was something odd about those raises. I don't know what though, I admit.
But currently, RIGHT NOW...the issue is with the Bakers Union. That is a fact. The Bakers Union workers who are striking have led to the closure of three plants. You can't dispute that.
If I were employed by Hostess, I'd be looking at it this way. Three days ago I had a job. I might've taken a cut in pay, but I had a job. Now, I don't have a job at all. Which is better?
You are attempting to take the culmination of a series of misteps, over many years, by the company and place it all at the feet of the Bakers Union.This is why unions have outlived their usefulness. Union members are just sheep who have not grasped that union leaders have made their money and the sheep will be left without a job....stupid, stupid, stupid.
Companies are not going to continue doing business if there is no profit in it...duh.