Bakers Union Forces Bankruptcy and 18500 Layoffs
- Thread starter Johnny Retro
- Start date
ChesusRice
Well-Known Member
Me thinks the CEO was the one firing the workers
not the union
The union has accused the Texas business of slashing workers' wages and benefits
while awarding substantial pay raises to its top brass.
not the union
The union has accused the Texas business of slashing workers' wages and benefits
while awarding substantial pay raises to its top brass.
Johnny Retro
Well-Known Member
Well what you think is wrong, like always. Try reading the article.
ChesusRice
Well-Known Member
Bakery operations are suspended at all plants.
Former workers at the plant in Emporia say they're okay with how things turned out. They tell us the company betrayed them by taking away their pensions. They say they passed up on pay raises in the past in exchange for building their retirement pay.
They hope a new company buys the plant and hire them back.
Former workers at the plant in Emporia say they're okay with how things turned out. They tell us the company betrayed them by taking away their pensions. They say they passed up on pay raises in the past in exchange for building their retirement pay.
They hope a new company buys the plant and hire them back.
ChesusRice
Well-Known Member
Workers are protesting a contract imposed by a bankruptcy court. The contract calls for an 8 percent pay cut in addition to health care and pension changes. The bakers union has called the contract "outrageous."
ChesusRice
Well-Known Member
Union employees in Emporia say in August of last year the company stopped giving them their pension earning. They say it now wants to cut wages by eight percent.
"You put in the time, you put in the years, I mean, we all have dedicated our lives to the company and they just don't appreciate it," said one striking worker.
Steven Blakey says he he was looking forward to retiring from the company. He says what's going on now hurts not just him, but his family as well.
"I spent 30 years of my life, missed a lot of time with my family, now it's time for me to enjoy that time and I have to keep working, I'm missing out on a lot." said Blakey.
"You put in the time, you put in the years, I mean, we all have dedicated our lives to the company and they just don't appreciate it," said one striking worker.
Steven Blakey says he he was looking forward to retiring from the company. He says what's going on now hurts not just him, but his family as well.
"I spent 30 years of my life, missed a lot of time with my family, now it's time for me to enjoy that time and I have to keep working, I'm missing out on a lot." said Blakey.
Johnny Retro
Well-Known Member
Because they could not afford to pay out pensions. When will you people learn you cant give out money you don't have?
Fungus Gnat
Well-Known Member
Yet they could increase the CEO's pay by 300% over that same period?
[video=youtube;b8u5xQXHXsQ]http://www.youtube.com/watch?v=b8u5xQXHXsQ[/video]
ChesusRice
Well-Known Member
“Hostess Brands is making a mockery of the labor relations system that has been in place for nearly 100 years. Our members are not just striking for themselves, but for all unionized workers across North America who are covered by collective bargaining agreements,” said Frank Hurt, BCTGM International president.
The contract calls for an 8 percent wage reduction imposed immediately. With all concessions and give backs the union said the cuts amount to 27 percent to 32 percent overall.
The company unilaterally ceased making contributions, required by their union contracts, to the workers’ pensions in July 2011 and imposed cuts in health benefits.
The contract calls for an 8 percent wage reduction imposed immediately. With all concessions and give backs the union said the cuts amount to 27 percent to 32 percent overall.
The company unilaterally ceased making contributions, required by their union contracts, to the workers’ pensions in July 2011 and imposed cuts in health benefits.
Johnny Retro
Well-Known Member
Which is not right when your company is in the shitter, I agree. But a few extra million dollars going to the CEO will not pay 18500 pensions. Sorry guy.
ChesusRice
Well-Known Member
As if all this were not enough, Hostess Brands management gave themselves several raises, all the while complaining that the workers who actually produced the products that made the firm what money it did earn were grossly overpaid relative to the company’s increasingly dismal financial position.
http://www.forbes.com/sites/helaineolen/2012/11/16/who-killed-hostess-brands-and-twinkies/
http://www.forbes.com/sites/helaineolen/2012/11/16/who-killed-hostess-brands-and-twinkies/
ProfessorPotSnob
New Member
Fucking Ding Dongs and Twinkies ....Goodbye so long , at least we have Zingers .......
If my company ever became unioned, id burn it down and go back to being a one man show. Fuck that, don't like your pay, go find a new job or create your own job and company with your own ideas and labor.
So now those 18k people are out of work in a shitty economy. Maybe they should all go start their own bakery, but then that would eventually go to shit cause they'd just end up standing around demanding more pay, only it would be their customers telling them to fuck off.at that point.
Or should CEOs make the same as someone who works the donut assembly line? If that's the case forget school, or learning a trade, just join a union and open your hands.
So now those 18k people are out of work in a shitty economy. Maybe they should all go start their own bakery, but then that would eventually go to shit cause they'd just end up standing around demanding more pay, only it would be their customers telling them to fuck off.at that point.
Or should CEOs make the same as someone who works the donut assembly line? If that's the case forget school, or learning a trade, just join a union and open your hands.
canndo
Well-Known Member
Ah yes, I recall such things.
I attended a somber meeting where the ones who were NOT laid off in a rif (reduction in force) were collected and told quitely and with some reverence that those outside would have to be let go - all 62 of them because there just wasn't enough money, everyone was going to have to tighten their belts and continue on short handed. What I knew that no one else there did was that the guy giving the serious talk had just gotten a 40,000 dollar bonus one week earlier.
From that point on I never trusted layoff situations. I was involved with another, where management laid folks off. They had recently been purchased by a larger company and accounting systems and end of fiscal year dates changed. It seems that upper management camped out in the accounting department late one night. When the layoffs came, one lone woman who noticed such things raised her hand and said "what happened to the year end"? She was sushed. The point was that management found out that there were 3 months of profit unaccunted for in the change, and they cut checks for themselves out of that profit - the lone noticer was laid off for... noticing that rather than keep folks on, management took the money for themselves.
She managed, however to get back at them, you see management also kept money allocated for computer programs and operating systems, prefering instead to pirate them. She dropped a dime on their asses but we suppose that the new parent company footed the bill.
No, layoffs are never what they seem.
I attended a somber meeting where the ones who were NOT laid off in a rif (reduction in force) were collected and told quitely and with some reverence that those outside would have to be let go - all 62 of them because there just wasn't enough money, everyone was going to have to tighten their belts and continue on short handed. What I knew that no one else there did was that the guy giving the serious talk had just gotten a 40,000 dollar bonus one week earlier.
From that point on I never trusted layoff situations. I was involved with another, where management laid folks off. They had recently been purchased by a larger company and accounting systems and end of fiscal year dates changed. It seems that upper management camped out in the accounting department late one night. When the layoffs came, one lone woman who noticed such things raised her hand and said "what happened to the year end"? She was sushed. The point was that management found out that there were 3 months of profit unaccunted for in the change, and they cut checks for themselves out of that profit - the lone noticer was laid off for... noticing that rather than keep folks on, management took the money for themselves.
She managed, however to get back at them, you see management also kept money allocated for computer programs and operating systems, prefering instead to pirate them. She dropped a dime on their asses but we suppose that the new parent company footed the bill.
No, layoffs are never what they seem.
canndo
Well-Known Member
And if you burned it down, I would gladly see you jailed for it.
BTW there are plenty of employee companies that do quite well.
Way to change the subject to a alternate universe.
Johnny Retro
Well-Known Member
How did he change the subject? Is it cause you don't agree with his response? He hit the nail right on the head.
Johnny Retro
Well-Known Member
Right. And now 18500 people are not "creating jobs" because they have no money to buy anything. Damn shame.