If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Local10 WPLG)   Economists predict Twinkies will survive bankruptcy, nuclear holocaust   (local10.com) divider line 15
    More: Spiffy, nuclear holocaust, ho ho, Hostess Brands, University of Michigan Law School, fire sales, economists, Teamsters, Flowers Foods  
•       •       •

2555 clicks; posted to Main » on 19 Nov 2012 at 8:22 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest


Archived thread
2012-11-19 08:40:09 AM
3 votes:

MDGeist: Glad to see the 30% who were in the union screwed the rest of the work force with their greed. Go unions...


Greed?

Greed was Hostess trying to cut employees pay by 8% and benefits by 32% while the CEO gave himself a 300% raise (from $750,000 yr to $2,550,000 yr). Additionally, nine other executives received pay increases ranging from 60% to 100% while filing their second bankruptcy.

But please, continue to blame the actual workers and the union who were protesting this nonsense.

Look at how stupid you look.
2012-11-19 08:28:57 AM
3 votes:

MDGeist: Glad to see the 30% who were in the union screwed the rest of the work force with their greed. Go unions...


but when management screws its employees that's ok right?
2012-11-19 08:54:46 AM
2 votes:
I love that argument.

"Employees should just take what they get, but if you want to attract GOOD employees, you need to pay a competitive salary! Why don't the employees see that and be happy with the pay they get?"


Are you confused yet?
2012-11-19 08:41:21 AM
2 votes:

MDGeist: Glad to see the 30% who were in the union screwed the rest of the work force with their greed. Go unions...


From the article about the person who works at Hostess - the offer management made:

1) 8% hourly pay cut in year 1 with additional cuts totaling 27% over 5 years. Currently, I make $16.12 an hour at TOP rate of pay in the bakery. I would drop to $11.26 in 5 years.
2) They get to keep our $3+ an hour forever.
3) Doubling of weekly insurance premium.
4) Lowering of overall quality of insurance plan.
5) TOTAL withdrawal from ALL pensions. If you don't have it now then you never will.


The $3+ an hour was the pension benefit that the company "borrowed" against.

So yeah, totally the Union's fault. I mean, hey, taking a 27% pay cut over 5 years is totally ok, right?
2012-11-19 08:35:08 AM
2 votes:
more importantly, can twinkies survive another string of ceo's with no experience in a relevant industry?
2012-11-19 08:26:28 AM
2 votes:
Glad to see the 30% who were in the union screwed the rest of the work force with their greed. Go unions...
2012-11-20 02:35:53 AM
1 votes:
i249.photobucket.com

i249.photobucket.com
2012-11-19 09:59:43 AM
1 votes:

ferretman: Yeah....because someone whose job it is to push product into the middle of the fryer daily deserves $16+/hr pay.


Hey, look everyone! Someone who's jealous of someone who makes $16/hr! 

Keep blaming the workers, and soon you'll be jealous of someone who makes $12/hr!
2012-11-19 09:20:51 AM
1 votes:
Yeah....because someone whose job it is to push product into the middle of the fryer daily deserves $16+/hr pay.

i280.photobucket.com

That's the biggest problem with unions, pay raises do not stop...even for the most mundane jobs people are over-paid for the job it-self.
2012-11-19 08:57:00 AM
1 votes:
Nezu Chiza

Management should be happy with the pay they get!
2012-11-19 08:47:31 AM
1 votes:
sodomizer did you completely gloss over the fact that management was giving itself insanely large bonuses? Hell their ceo went from 750,000 to 2,5000,000 the same year he's in court trying to get the company to file for bankruptcy AND asking his workforce to take a 27% pay cut. That doesn't make a lick of sense. And you sit there and with a straight face ask how management screws it's employees? Pull your head out of your ass and maybe with those things called eyes you can figure it out.
2012-11-19 08:42:29 AM
1 votes:

MDGeist: Glad to see the 30% who were in the union screwed the rest of the work force with their greed. Go unions...


From my understanding it was a tad more complex then that. The company had been on a pretty serious downward trend for a while and the massive paycut the management was asking of the union would of only delayed the inevitable, perhaps not even by all that long.

If nothing else, it's important to remember that the union was not asking for a raise, the management was asking them to take a very significant cut to pay and benefits. This was after the union had agreed to concessions the last time the contract was up for negotiations.
2012-11-19 08:41:28 AM
1 votes:
Quote from the article: "The company, weighed down by .... rising labor costs"

Bullshiat I say. Hostess severely cut the wages of their workers a few years ago, stole their pensions, and now wanted to enact another draconian cut. Good on the workers for saying NO.

Hostess is just trying to hide the fact that they were terribly mismanaged in the past decade, all while the execs got huge pay raises.
2012-11-19 08:38:12 AM
1 votes:

Cythraul: What about all those people who bought Twinkies in a rush over the past couple of days?


I went out on Friday and bought the last couple of boxes at my grocery store. I didn't buy them to resell, but just figured a few bucks to have a Twinkie every now and then if they didn't come back wasn't too bad a deal. I hadn't had a Twinkie in years. It was farking gross. No wonder they couldn't stay in business. I should have left the box unopened so I COULD sell them.
2012-11-19 08:24:22 AM
1 votes:

Cythraul: What about all those people who bought Twinkies in a rush over the past couple of days?


They can put them in the same shoebox they keep their Facebook shares in?
 
Displayed 15 of 15 comments

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »





Report