If the employees feel their product was that good and that they can do a better job, perhaps they should band together, buy the company, and run it themselves. Then they would only have to deal with each other. It's been done successfully before.
This is considered a SHTF moment.
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Originally Posted by Jeanlouise
There are a LOT of things bad for you that people have no problem with. Next time you have a scotch on the rocks remember that you're drinking something bad for you.
Twinkies are in my SHTF prep inventory...31 cases and counting.
Oh yeah. Me too. I remember way back on my first ambulance gig in Kansas City circa 1979. Stopping in at Linwood Super Foods at 02:30 in the morning to grab a Hostess Fried Apple Pie and a Polish Sausage (which had been cooking for the last 6 hours) w/ mustard and sauerkraut after running a good call. Man, those were the days.
Linwood Superfoods is still there today. Probably with the same polish sausage... all shriveled up mummified on that cooker with the rollers.
The owners likely won't see a dime. The creditors will get pennies on the dollar most likely. Everyone loses because all the little boys and girls could not play nice and cooperate. Stubbornness is not an admirable quality.
Pensions vs 401ks - you are so far off the mark on fairness. Employees' 401k plans are not guaranteed to go up in value. They are not even guaranteed to hold their value. A pension is a fixed liability on the company books. Too many liabilities and too few assets makes for a failed company.
You want fair? Life ain't fair and I don't see to many of us around here on the non-union side of things rolling in annual salary increases and reduced healthcare costs. As for my 401k, I paid for it with money I earned. That's right, my pay was invested in the retirement fund. Those of us in the non-union world have not seen pensions offered in almost 30 years. You want fair, welcome to the real world. Companies fail and people lose their jobs. Very few of us get to claim the right to guaranteed employment, wage levels, and benefits.
Lets be straight up on the facts shall we?
It's not just the money and benefits that are an issue either. Unions tie up companies in knots so that normal activities become impossible. For example, the drivers labor was so defined by the Union that drivers that delivered the Twinkies and cupcakes could not deliver the bread...that was a different truck and driver by union rules.
How can a company thrive under those absurd regulations? It's as if the Union sets out to strangle the company from the onset.
Unions have a place, they were formed to prevent workers from being exploited by greedy owners who care only about profit and did not see their employees as people.
The problem becomes when the Unions get as greedy as the owners were and neither side sees each other as people, and rejects whatever the others says, not because it is unreasonable, but because it came from the other side.
This same thing has happened to our political system, if we would see the other side as people (misguided people, but people nonetheless) and listen to each other instead of dismissing or finding fault we'd be much better off.
The Hostess Liquidation: A Curious Cast Of Characters As The Twinkie Tumbles | ZeroHedge ....Hostess Closes Three Bakeries, Blames Striking Union ...My comment is if you are reading this after this long thread of junk-food and fat people haters ranting...well then.....take a deep breath, really.... the loser in this situation is the stock holders who came out of bankruptsy in 09 owing SIGNifigantly more than they did before...this large multi-state operation has been raped and pilaged and was HOPElessly inslovent in 09...it was concessions by the good hard working union hands that allowed the theft that has followed to occure...this IS the business model for the 21st century, get used to it...