chefdennis
Veteran Expediter
Got to love the Union Mentality...to paraphrase, "if the BK judge tosses the contracts, the unions will go on strike....Let the unions go on strike...then close the doors, liquidate the company, and reopen under another name and DO NOT hire a single ex union employee....screw'em....bounce all 18,500 union employees out on their azzes...
Goodbye Twinkies? Hostess Fights Unions In Bankruptcy Court, ‘They Won’t Work For Nothing’
By Anila Alexander
April 17, 2012 4:39 PM EDT
Goodbye Twinkies? Hostess Fights Unions In Bankruptcy Court, ?They Won?t Work For Nothing? - International Business Times
From the link above:
Goodbye Twinkies? Hostess Fights Unions In Bankruptcy Court, ‘They Won’t Work For Nothing’
By Anila Alexander
April 17, 2012 4:39 PM EDT
Goodbye Twinkies? Hostess Fights Unions In Bankruptcy Court, ?They Won?t Work For Nothing? - International Business Times
From the link above:
"As much as 50 cents of every dollar Hostess Brands contributes goes to pay for pensions for people who worked at other companies that no longer exist and who never worked at Hostess Brands, IBC or any other predecessor of [Hostess]," the company said according to the New York Post. "Unfortunately, we can no longer afford to carry the pension costs of former competitors who have long since closed their doors and disappeared."
Hostess and the unions can agree on one thing: a strike would destroy the company.
"We would no longer have cash to keep operating," said Hostess management in a letter sent to employees on Monday. "All Hostess Brands operations would shut down and liquidation would begin. The 18,500 jobs, plus the health insurance that comes with them, would be lost for good."