Friday, 16 November 2012
Hostess is going out of business and laying off over 18,500 workers.
Well, in one of the single stupidest moves ever made by union leaders and members, almost all of Hostess employees went on strike during an incredibly volatile period in the companies history. Hostess was filing for bankruptcy and was trying to re-organize and the union didn't like the lowered pay.
"While the union says it is not right for the company to maintain its viability on the backs of workers, company officials said they were doing everything in their power to try and keep Hostess open."
"In an interview with Fox Business, CEO Gregory Rayburn said many workers had already crossed picket lines this week to go back to work despite warnings by union leadership that they'd be fined."
After the announcement to close Hostess down no comment was given my the Union leadership. Odd.
Another win for Unions. *facepalm*