Forum adverts like this one are shown to any user who is not logged in. Join us by filling out a tiny 3 field form and you will get your own, free, dakka user account which gives a good range of benefits to you: No adverts like this in the forums anymore. Times and dates in your local timezone. Full tracking of what you have read so you can skip to your first unread post, easily see what has changed since you last logged in, and easily see what is new at a glance. Email notifications for threads you want to watch closely. Being a part of the oldest wargaming community on the net. If you are already a member then feel free to login now.

Can't say I know to be honest. I was only part time so the union didn't care about me and I didn't care about them

One of the people at the store I worked at though wanted to file a harassment suit but the union 'encouraged' them not to because it would hurt negotiations with the employer at that time.

Seriously I have boxes of twinkies. Hit me up for some delicious goodness!

at $2 a twinkie that is a steal (Plus Shipping).

 LordofHats wrote:
Can't say I know to be honest. I was only part time so the union didn't care about me and I didn't care about them

One of the people at the store I worked at though wanted to file a harassment suit but the union 'encouraged' them not to because it would hurt negotiations with the employer at that time.

I suspected that the union in question is actually Teamster, and either they, or their 'sponsorships' harrassed that employee you've talked about.

 DeathReaper wrote:
Seriously I have boxes of twinkies. Hit me up for some delicious goodness!

at $2 a twinkie that is a steal (Plus Shipping).

Stop tempting me

http://abcnews.go.com/blogs/business/2012/11/twinkies-may-find-buyer-hostess-ceo-says/

Mexican company El Grupo Bimbo may have an edge, the Christian Science Monitor reported Saturday. Grupo Bimbo, headed by Mexican billionaire Daniel Servitje Montull, is the largest bread-baking company in the world.

Economists say part of the reason Hostess struggled was due to high sugar tariffs meant to protect local producers, the Monitor reported. Grupo Bimbo could take advantage of lower sugar prices in Mexico.

I think someone called it in previous page... Bimbo may soon be the owner of the Hostess brand!

They don't have a reason to pay for any hostess products. I think Flower is the front runner for buying selected names.

 whembly wrote:
http://abcnews.go.com/blogs/business/2012/11/twinkies-may-find-buyer-hostess-ceo-says/

Mexican company El Grupo Bimbo may have an edge, the Christian Science Monitor reported Saturday. Grupo Bimbo, headed by Mexican billionaire Daniel Servitje Montull, is the largest bread-baking company in the world.

Economists say part of the reason Hostess struggled was due to high sugar tariffs meant to protect local producers, the Monitor reported. Grupo Bimbo could take advantage of lower sugar prices in Mexico.

I think someone called it in previous page... Bimbo may soon be the owner of the Hostess brand!

That's great. Hedgefunds buy Hostess, run it into the ground and sell it to a foreign company. That's cool, we don't need Jobs in the US anyway.

 whembly wrote:
http://abcnews.go.com/blogs/business/2012/11/twinkies-may-find-buyer-hostess-ceo-says/

Mexican company El Grupo Bimbo may have an edge, the Christian Science Monitor reported Saturday. Grupo Bimbo, headed by Mexican billionaire Daniel Servitje Montull, is the largest bread-baking company in the world.

Economists say part of the reason Hostess struggled was due to high sugar tariffs meant to protect local producers, the Monitor reported. Grupo Bimbo could take advantage of lower sugar prices in Mexico.

I think someone called it in previous page... Bimbo may soon be the owner of the Hostess brand!

El Twinkee por favor?

I stole this idea from another site...

Here’s the plan...

Bimbo buys the brand and start making Twinkies in Mexico. Obama, to satisfy his union buddies, imposes a huge import tariff. The illegals crossing the border then start carrying in a case or two of Twinkies when they cross the border. Then, we sell the Twinkies black market style

Yes, the Twinkiee cartels might start shooting across the border but we seem to have a lot a Zingers left over to throw at them.

I want to be known as the TWINKIE LORD!

In related "Unions are evil" and "We can't pay workers, but we want to pay ourselves" news:

http://money.cnn.com/2012/11/19/news/companies/hostess-bankruptcy-bonuses/index.html?iid=HP_LN

NEW YORK (CNNMoney) -- Hostess Brands will ask a bankruptcy judge Monday for approval to shut down the company and pay $1.75 million in executive bonuses.
.....
Under the plan, bonuses ranging from $7,400 to $130,500 will be paid to 19 executives. The company argues the bonuses are below market rates for such payments.

You want a bonus? All the office supplies you can put in this shoe box.

 d-usa wrote:
In related "Unions are evil" and "We can't pay workers, but we want to pay ourselves" news:

http://money.cnn.com/2012/11/19/news/companies/hostess-bankruptcy-bonuses/index.html?iid=HP_LN

NEW YORK (CNNMoney) -- Hostess Brands will ask a bankruptcy judge Monday for approval to shut down the company and pay $1.75 million in executive bonuses.
.....
Under the plan, bonuses ranging from $7,400 to $130,500 will be paid to 19 executives. The company argues the bonuses are below market rates for such payments.

How do I become an evil union boss/executive like this guys?

 nomsheep wrote:

 d-usa wrote:
In related "Unions are evil" and "We can't pay workers, but we want to pay ourselves" news:

http://money.cnn.com/2012/11/19/news/companies/hostess-bankruptcy-bonuses/index.html?iid=HP_LN

NEW YORK (CNNMoney) -- Hostess Brands will ask a bankruptcy judge Monday for approval to shut down the company and pay $1.75 million in executive bonuses.
.....
Under the plan, bonuses ranging from $7,400 to $130,500 will be paid to 19 executives. The company argues the bonuses are below market rates for such payments.

How do I become an evil union boss/executive like this guys?

Is your last name Hoffa?

 nomsheep wrote:

 d-usa wrote:
In related "Unions are evil" and "We can't pay workers, but we want to pay ourselves" news:

http://money.cnn.com/2012/11/19/news/companies/hostess-bankruptcy-bonuses/index.html?iid=HP_LN

NEW YORK (CNNMoney) -- Hostess Brands will ask a bankruptcy judge Monday for approval to shut down the company and pay $1.75 million in executive bonuses.
.....
Under the plan, bonuses ranging from $7,400 to $130,500 will be paid to 19 executives. The company argues the bonuses are below market rates for such payments.

How do I become an evil union boss/executive like this guys?

Practice!

nope my last name is Adams, is that evil enough. and practice being very evil eh?

Frazzled you're not allowed time off for Christmas. am I doing it right?

 nomsheep wrote:
nope my last name is Adams, is that evil enough. and practice being very evil eh?

Frazzled you're not allowed time off for Christmas. am I doing it right?

http://news.yahoo.com/hostess-liquidation-too-sweet-managers-u-says-191817929--sector.html

Sounds like everybody has been brought back to the table for talks.

 Andrew1975 wrote:
http://news.yahoo.com/hostess-liquidation-too-sweet-managers-u-says-191817929--sector.html

Sounds like everybody has been brought back to the table for talks.

Ebay's buyers and sellers hardest hit!

I don't really see much changing here to be honest. Corporate is not going to take a pay cut, (in fact they just petitioned for more bonuses to close the shops) so why would the Union make concessions?

 Andrew1975 wrote:
I don't really see much changing here to be honest. Corporate is not going to take a pay cut, (in fact they just petitioned for more bonuses to close the shops) so why would the Union make concessions?

I honestly think this is the old "union busting" tactic... only that, the company's ownership would change.

For all you Union haters that obviously love the corporate big wigs.

One of the ladies I work with is married to a guy who works/ed at Hostess. IIRC she said over the course of the last five years his pay has been cut a total of around ~$160 per week, and he was being asked to take another 8% cut.

 Andrew1975 wrote:


For all you Union haters that obviously love the corporate big wigs.

Yeah, lets pretend that pointing out the BCTGM knew it's strike would kill Hostess and that THE Union, capital T capital U has out and out said the baker's union refused to "substantively look for a solution or engage in the process." But yeah, stick with "disagreeing with destructive union practices is loving corporate big wigs" It makes way more sense.

 whembly wrote:

 Andrew1975 wrote:
http://news.yahoo.com/hostess-liquidation-too-sweet-managers-u-says-191817929--sector.html

Sounds like everybody has been brought back to the table for talks.

Ebay's buyers and sellers hardest hit!

I will find a way to make a profit from those 112 boxes of Twinkies I bought, they were marked down so they could close the outlet store.

 d-usa wrote:
In related "Unions are evil" and "We can't pay workers, but we want to pay ourselves" news:

http://money.cnn.com/2012/11/19/news/companies/hostess-bankruptcy-bonuses/index.html?iid=HP_LN

NEW YORK (CNNMoney) -- Hostess Brands will ask a bankruptcy judge Monday for approval to shut down the company and pay $1.75 million in executive bonuses.
.....
Under the plan, bonuses ranging from $7,400 to $130,500 will be paid to 19 executives. The company argues the bonuses are below market rates for such payments.

Yea that is only 2.5 million, the company is 800 million in debt. Not saying i agree with it, but It would not have helped.

What management did was wrong, but the unions are no better, and are no longer needed in the U.S.

I say this because I worked for a company (Not going to name names I don't want to get black listed at Hop Sing's) and there was a union in place.

All the union ever did was ensure I only worked just barely harder than the worst worker on the crew. He did about 3 hours of actual work in an 8 hour day and the union kept him in a job.

 AustonT wrote:

Yeah, lets pretend that pointing out the BCTGM knew it's strike would kill Hostess and that THE Union, capital T capital U has out and out said the baker's union refused to "substantively look for a solution or engage in the process." But yeah, stick with "disagreeing with destructive union practices is loving corporate big wigs" It makes way more sense.

That's silly Auston. Blaming all parties for their own individual stupidity? Surely such a thing just isn't possible. We can't hate one without loving the other!

 LordofHats wrote:

 AustonT wrote:

Yeah, lets pretend that pointing out the BCTGM knew it's strike would kill Hostess and that THE Union, capital T capital U has out and out said the baker's union refused to "substantively look for a solution or engage in the process." But yeah, stick with "disagreeing with destructive union practices is loving corporate big wigs" It makes way more sense.

That's silly Auston. Blaming all parties for their own individual stupidity? Surely such a thing just isn't possible. We can't hate one without loving the other!

Don't you dare bring logic into this!

Hey, as long as we're saying mismanagement + dumb union actions were responsible.

A lot of the early reactions seemed to be just the latter, and none of the former.

 DeathReaper wrote:
What management did was wrong, but the unions are no better, and are no longer needed in the U.S.

Thanks for letting me know not to take you seriously.

 Mannahnin wrote:
Hey, as long as we're saying mismanagement + dumb union actions were responsible.

A lot of the early reactions seemed to be just the latter, and none of the former.

We were focusing, or at least I was focusing on giving the Union a proper roast up because it was in their case directly their actions that lost 18,000 people their jobs. This is the immediate issue at hand. The entire situation as a whole falls squarely on the fat cats of both faction's shoulders. Then we got into unions in general, which as I've stated I have issues with simply because I despise getting ripped off both ways.

Can someone explain the post-bankruptcy bonus for managers to me?

Why might it be a good/legal idea?