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Union Wins! Hostess Out of Business
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<blockquote data-quote="CaptainObvious" data-source="post: 1056026" data-attributes="member: 43383"><p>I agree with you Over. No doubt this played a big part in the demise of this company. But I honestly think had the workers there conceded to give back concessions to the company it would have only been a temporary fix. They took cuts back in 2004 when the company filed for bankruptcy and Upper management lined their pockets with it. I wouldn't have taken the bait again either.</p><p> I thought this article was a good non-biased analogy of Hostess' problems.</p><p>http://m.theatlantic.com/business/archive/2012/11/whos-to-blame-for-the-hostess-bankruptcy-wall-street-unions-or-carbs/265357/</p></blockquote><p></p>
[QUOTE="CaptainObvious, post: 1056026, member: 43383"] I agree with you Over. No doubt this played a big part in the demise of this company. But I honestly think had the workers there conceded to give back concessions to the company it would have only been a temporary fix. They took cuts back in 2004 when the company filed for bankruptcy and Upper management lined their pockets with it. I wouldn't have taken the bait again either. I thought this article was a good non-biased analogy of Hostess' problems. http://m.theatlantic.com/business/archive/2012/11/whos-to-blame-for-the-hostess-bankruptcy-wall-street-unions-or-carbs/265357/ [/QUOTE]
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