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[serious];61781562 said:The company blames it on the union. however, ask yourself this:
When is the last time you saw someone eat a twinkie? It's been years for me. Likewise with wonderbread. They are trying to sell products that are simply no longer in demand. It's the exact same thing that happened with the American auto industry. they wanted to keep making the same cars after people stopped wanting to buy them.
Then the union/employees needed to realize that they are working for a company that is losing customers, and that in order to stay competitive, they needed to take pay cuts. Regardless of who is at fault, how does it help any of the employees to be out on their butts without a job now? At the very least, it would have benefited them to take the hit and keep working while they explored other employment opportunities. As it stands, now a bunch of people with similar skills are all going to be looking at once, in a crappy job market.
And, as union workers, they were probably making a pretty good wage and had decent benefits. Good luck to them finding anything even close to what they were making in this job market.
I'm suddenly realizing what a huge boon this is for my company. We are doing well and are in the same area of business. Chances are some of those brands and workers are coming our way.
They went into bankruptcy in the first place because of poor management skills. The fact that the union gave up quite a bit shows how bad it was at Hostess. The fact is that junk food is becoming less popular as eating health gains steam. Hostess thought the only way to be competitive was to cut employee pensions and benefits.
kermit said: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.
Is your company union or non-union?
The issue is the workers being asked to take a cut while the management receive raises instead, including a 300% pay bump for their CEO. That's insane. The increase in his salary could have paid for nearly another 40 middle wage workers.
Excepting that those raises where all rolled back last year, with some of the execs taking pay cuts down to $1 a year.
Regardless, even if it's all true, how does 18500 people out on their butts without jobs help any of that?
Excepting that those raises where all rolled back last year, with some of the execs taking pay cuts down to $1 a year.
Regardless, even if it's all true, how does 18500 people out on their butts without jobs help any of that?
The reason I ask is union workers get an average of 28% higher wages than non-union workers in the same industry. If your company increased it's entire payroll by 28%, what would be the impact?
We pay about the going union rate actually. I've seen several union positions for my job that are below my current payscale.
Our business pays based on cost of labor, aka what other people in the area are paying for similar or same jobs.
[serious];61781562 said:The company blames it on the union. however, ask yourself this:
When is the last time you saw someone eat a twinkie? It's been years for me. Likewise with wonderbread. They are trying to sell products that are simply no longer in demand. It's the exact same thing that happened with the American auto industry. they wanted to keep making the same cars after people stopped wanting to buy them.
Given Hostess' product line, and greater consumer awareness about nutritional value, it doesn't seem like they could remain a stand-alone company anyway (see their sales trends in the article ...)
Twinkies were mediocre and hideously unhealthy. Why people here think that Hostess failed primarily due to a strike than their product being terrible is beyond me.
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You need to look at what Hostess actually is. It is much more than just Twinkies; Twinkies is just getting all the attention because of it being a part of Americana.
The brands owned by Hostess that are now out of business are:
[*]Baker's Inn
[*]Beefsteak
[*]Blue Ribbon
[*]Bread du Jour
[*]Butternut Breads
[*]Colombo
[*]Cottons
[*]Di Carlo
[*]Dolly Madison
[*]Drake's
[*]Dutch Hearth
[*]Eddys
[*]Good Hearth
[*]Holsom
[*]Home Pride
[*]Hostess
[*]J.J. Nissen
[*]Merita
[*]Millbrook
[*]Mrs. Cubbison'sFoods
[*]Nature's Pride
[*]Parisian
[*]Standish Farms
[*]Sweetheart
[*]Twinkie
[*]Toscana
[*]Wonder Bread
They didn't only make junk food that was empty calories.
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