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It was MANAGEMENT which took 'the whole thing down' not the union.
Both are to blame. Union drivers dictating Twinkie trucks could not carry other Hostess stuff is featherbedding, and added a ton of extra cost.
Now if liquidation does come to pass, neither labor nor mgmt deserve any pity for their lost income.
For every exec with a retention package, 20 more will be shown the door permanently, as will hundreds if not thousands of white collar professional support staff, plus of course, the bakers, delivery folks, DC center folks,...
I thought you needed to be in a union to have a successful strike.
Oh, yeah, back to Hostess - I also really enjoyed their Snowballs! So pretty, and a nice combination of textures and tastes in one: creamy filling, chocolate cake, marshmallow coating and coconut covering. Mmmm!
Fire them all. There will be millions of others willing to have those jobs.
You can tax the hedge fund managers who will probably profit from the bankruptcy and liquidation if it goes that far. Don't worry --- they will get their "return on investment" before anyone else does.
As they should.
Become a venture capitalist, since you think it's a simple process.
The workers already took pay-cuts over the last few years, the last time Hostess had a brush with bankruptcy. Management on the other hand gave itself massive raises last year, like a 300 % increase in salary for the CEO, while they were already preparing for bankruptcy.
"as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256."
Both are to blame. Union drivers dictating Twinkie trucks could not carry other Hostess stuff is featherbedding, and added a ton of extra cost.
Now if liquidation does come to pass, neither labor nor mgmt deserve any pity for their lost income.
For every exec with a retention package, 20 more will be shown the door permanently, as will hundreds if not thousands of white collar professional support staff, plus of course, the bakers, delivery folks, DC center folks,...
it really is sad.
i used to go to a bakery outlet to buy surplus bread for wildlife, and they were always busy-they sold merita and wonder bread, and hostess cupcakes. (oooh, orange )-and they often ran out of bread.
they were told on saturday that they wouldn't be getting any more deliveries, and they would liquidate their remaining stock and close permanently.
that was a successful business that will now close, and jobs that are now lost.
It was MANAGEMENT which took 'the whole thing down' not the union.
The union should buy the company, to help out their union members...
What? That isn't their job?
Who called who's bluff?
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)-and they often ran out of bread. 
