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What were they thinking???!

Posted: Nov 16, 2012

Sometimes unions are beneficial. Not this time. 18,000 out of work because of the union's stubbornness. http://www.nbcdfw.com/news/national-international/NATL-Twinkies-Maker-Hostess-Going-Out-of-Business-179643161.html;

Unions not in sync - lmn

[ In Reply To ..]
Teamsters Cross Picket Line, Fail to Save Twinkie - by Mike Flynn

"The most interesting tidbit in the sad demise of Hostess is the fact that the Teamsters union ignored a strike by a fellow union and crossed the picket-line in a bid to save the company. The Teamsters, not exactly a shrinking violet, got a look at the company's books and realized the dire financial situation Hostess was in. They even implored the Bakers' Union, which called a strike, to accept wage concessions and get back to work. Alas, they didn't and now the company faces liquidation. The Bakers' Union ultimately accomplished what mere physics couldn't; they pushed the Twinkie past its sell-by date."

How very sad to see an American company go under because of union greed.

union - Effie

[ In Reply To ..]
The owners of the company are just looking for an excuse to liquidate.

Exactly! The union is a convenient scapegoat. - NM

[ In Reply To ..]
nm

Hostess filed for bankruptcy in January this year - which it did before in 2004

[ In Reply To ..]
making the argument that a one-week worker's strike is responsible for their demise not nearly as likely as long-term financial and operational mismanagement. They posted $15.1 in losses just last month before the strike began. Ongoing bankruptcy proceedings included a scheme where Wall Street investors were already planning to sell Hostess.

Company scapegoating workers, expecting them to downsize pensions and medical coverage hard-fought for to mop up management messes 10 years in the making in favor of Wall Street stock earnings downward trends, is a 2-sided American story as old as the hills, and one that conservative outlets are evidently STILL unwilling to fully report.

Should read $15.1 million in October losses - nm

[ In Reply To ..]

Proof positive that it's the Stock Market, not unions - that kill jobs & businesses.

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Unions in-fighting - brought the demise.

[ In Reply To ..]
Guess they weren't on the same page this time.

Right - Teamsters vs. Bakery workers unions - sm

[ In Reply To ..]
could not agree. Teamsters overstepped the the bakery workers union.

Bakery overstepped the Teamsters - not the other way around

[ In Reply To ..]
My son is in the Teamsters and just lost his job because of the Bakers union

Not what the article said - maybe it was misinformed.

[ In Reply To ..]
So sorry about your son.

Hon, it was a one-week strike. All the imaginary union in-fighting - conservative media can conjure

[ In Reply To ..]
could not possibly make Hostess go belly-up in one week absent the backdrop of protracted bankruptcy proceedings. Use your noggin.

I believe a majority of union members must vote to strike. sm - anon

[ In Reply To ..]
This is off the top of my head, but I don't think an individual union can call a strike without a majority vote from its members. They (as in the individial members) also vote on whether or not to accept the company offers to settle the dispute.)

I believe a majority of union members must vote to strike. - Union proud Michigander

[ In Reply To ..]
Yes the union members must vote to give the union the authority to call a strike. Otherwise, they have no leverage when they enter into negotiations with the company. The members are also the ones who vote to accept or reject the companies offer. I am sorry for the woman's son who lost his job, but the only one to blame is the company. Stock prices always go up when the company announces layoffs. That will allow them to get more money when they sell the company because of the higher stock price. I am sure someone will buy Hostess, but it is unfortunate that so many people have to lose their jobs because Hostess made poor management decisions and are making the workers pay for their mistakes by laying them off to increase their stock price.

And again, the losers are the American - people...

[ In Reply To ..]
No more Twinkies, Ding Dongs, or Cupcakes!!!

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