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  • What about all those people who bought Twinkies in a rush over the past couple of days?
  • 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?
  • Glad to see the 30% who were in the union screwed the rest of the work force with their greed. Go unions...
  • There we go again. Out of all the Hostess products, Twinkies are the only ones anyone ever mentions.
  • 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?
  • more importantly, can twinkies survive another string of ceo's with no experience in a relevant industry?
  • Guess I shouldn't have bid $500.00 for that unopened box of Twinkies on Ebay.
  • 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.
  • jbhall3636: 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.


    I can still eat them, but they aren't nearly as good as I remember them being 25 years ago.
  • 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.
  • America in 2012. Employees not wanting their salary slashed by 50% while management votes themselves raises of 300% = greedy employees & benevolent management.
  • ltdanman44: 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?


    It boils down to who gets what from corporate profits. No unions, and employees are paid the minimum the market will allow, while executives typically have no reservations about giving themselves raises. Case in point here, the CEO got a 300% raise the year before the collapse. That just looks like executives, and not workers, trying to rape the company as it is dying.
  • 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?
  • 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.
  • jbhall3636: 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.


    I think Twinkies are somewhat of a 'kid food.' I remember enjoying them quite a bit as a child. I imagine my love of them may have diminished over the years as I've aged.
  • Thank God. I was worried American obesity rates would drop below 40%.
  • Titor's Time Machine: 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.


    Seriously. There have been quite a few times where I see how something went down and think "fark the unions." This is NOT one of those times. Management was farking them over but hard.

    /Do not actually like Twinkies
    //Do like those fruit pies though
  • 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.
  • ltdanman44: but when management screws its employees that's ok right?


    How does management screw its employees?

    It offers payment for certain work at a certain rate.

    Employees can take it, or leave it.

    Any more responsibility than that is not on the employers nor should it be.
  • MDGeist: Glad to see the 30% who were in the union screwed the rest of the work force with their greed. Go unions...


    I know it's a troll, but for everyone who is tempted to respond, read this rundown by mediamatters instead:

    http://mediamatters.org/research/2012 /11/16/fox-ignores-hostess-array - of-troubles-to-scapeg/191440

    Long story short: Their last bankruptcy was poorly managed; execs took raises while asking workers to take cuts, unions had already taken salary and pension cuts; the brand would have lost money without pension obligations, those were the least of their debt issues.

    /sorry, can't get fark to link direct, throws away URL because "web server didn't send a content-type header", whaaa???
  • babymulch: more importantly, can twinkies survive another string of ceo's with no experience in a relevant industry?


    CEO's will fail in any industry if they keep trying to cut costs willy-nilly, with no clue as to why they have those costs in the first place.

    /There's an old adage, something about stitches or something. I dunno, thought it might be relevant.
  • ltdanman44: 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?


    Management acted heroically in this case. For 15 years, they worked diligently with the best minds on Wall Street to create value. Diligently, from dawn until dusk, searching every corner of every spreadsheet for every dollar they didn't think anyone would miss. Or at least anyone important would miss.
    But in the end they were foiled by a bunch of greedy bakers.
  • sodomizer: It offers payment for certain work at a certain rate.

    Employees can take it, or leave it.


    The employees 'left' it. Now Hostess is dead. Good work, Management.
  • 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.
  • spyderqueen: 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.


    Life is so much more complicated than linear comparisons.

    To attract a good CEO, you have to pay a competitive salary. Ditto for upper-level staff.

    You're talking about a few million there; how many millions does it take to pay the whole workforce that 8%?

    And was the 8% above industry standard?

    These are the questions you should ask, not some out of context comparison.

    I would not want someone who thought in such a simplistic manner to run any company I'd work for.
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