Originally Posted by
Night Hawk 6
Well if you were to read the "rest of the story" you will see that the management at Hostess has done nothing to alter the company's downward spirial except ask the workers for concessions, which they gave in 2004, to "save" the company. Sound familiar? The current management also were found guilty of jacking up their compensation just prior to entering BK. Now management has gone to their BK judge asking for an additional 1.8 million in additional compensation to "retain management personel" as they dismantle the company. BK is a stacked deck against the workers while the management crooks are ignored as the public is presented with the drumbeat of the uninformed media about those greedy union workers. So who do you respect more, the workers who finally said "take this job and shove it" or management that demands that they be at the front of the line for the spoils of their own mis-managed company?
You are right, but it was the Teamsters that have been able to negotiate lucrative contracts that have driven up the costs at Hostess. The baking process is mostly automated, and very efficient. Featherbedding by the Teamsters have driven up costs, and yes, you are right it was management that allowed this and have been able to continually demand concessions from the bakers. They finally said they had enough. I honestly don't blame them. I am not making any judgements as to their position, and I think it abhorrent that they have been vilified (much like the AMR pilots) in the media to the degree they have. I just find the whole thing interesting, and it is not just what you hear in the media that is "the whole truth".