. I had a friend that ate Ding Dongs everyday...
Ha!!! Lance, right?
. I had a friend that ate Ding Dongs everyday...
could they not just go under, start over with a new company and new name say Wunderbread, hire non union workers and keep the twinkies coming? Or would they have to be sold/bought out by another established company.
Does Little Debbie use union bakers? That seems to be the root of the problems and how would someone else taking over the brand using union bakers make this any different. The people striking would just get their jobs back working for someone else, or would they?
The story on the KJRH website had a couple of interesting quotes.
http://www.kjrh.com/dpp/news/local_...ngs-and-wonder-bread-is-going-out-of-business
First was that the union head thinks someone will come along and offer them a better deal than Hostess/Wonderbread was offering. The other comment was from the company saying that most will be able to qualify for government unemployment benefits. I really hope that some of the unemployed see that above the local level unions are only out for themselves. I do believe that at the local level most unions do try to help the employees.
I believe that with this liquidation, whoever buys the assets will be under no obligation whatsoever to continue the present union contract or even to offer a contract that compares with the one the employees were being offered by Hostess. In the grand scheme of union vs. company, this move will give an enormous advantage to the companies. With the purchase of a brand, the new owners will have the option of re-locating production in states that are right-to-work or which do not have as deeply entrenched unions. If current employees reject whatever contracts are offered them by the new owners, they run a very serious risk of having the operations moved somewhere else entirely, making the whole idea of collective bargaining moot. In any case, there is virtually no upside potential for the employees in this deal. They held out for an impossibly good deal and now are going to be sent to the unemployment line. Here is a good video from CNBC with their CEO regarding the events:
http://www.theblaze.com/stories/the-twinkie-is-dead-hostess-to-close-18k-layoffs-expected/
Someone over in union headquarters made a serious strategic miscalculation here.
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