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Re: Hostess Chocodiles
Sounds like a swell guy.
From what is being reported to the media, I can understand why the union is engaging in this strike. Their pension fund was raided, while corporate execs were treating themselves to overly generous raises, some of them as high as 80%. The outraged workers walked out, leading to the company's shutdown. Management responded with the threat to declare bankruptcy and warned the union that all of their jobs were in jeopardy if they didn't go back to work by Friday. Knowing full well that this was likely a serious threat, the workers stood their ground, and preferred to lose their jobs rather than let those vultures continue to walk all over them. Gotta tip my hat to them. Not every labor union has that kind of backbone.
But hold off on making that $100 bid for a box of Twinkies on eBay. CNN is reporting that the bankruptcy court judge is delaying the final closure and requesting both sides to mediate their dispute.
Originally posted by Leo Lakio
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From what is being reported to the media, I can understand why the union is engaging in this strike. Their pension fund was raided, while corporate execs were treating themselves to overly generous raises, some of them as high as 80%. The outraged workers walked out, leading to the company's shutdown. Management responded with the threat to declare bankruptcy and warned the union that all of their jobs were in jeopardy if they didn't go back to work by Friday. Knowing full well that this was likely a serious threat, the workers stood their ground, and preferred to lose their jobs rather than let those vultures continue to walk all over them. Gotta tip my hat to them. Not every labor union has that kind of backbone.
But hold off on making that $100 bid for a box of Twinkies on eBay. CNN is reporting that the bankruptcy court judge is delaying the final closure and requesting both sides to mediate their dispute.
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