On 11/17/2012 14:29, Matt Munson -> All wrote:

 MM>     Hello everybody!

 MM>  From the WSJ comments section - long, but worth the read:

 MM> 12:10 am November 13, 2012
 MM> St Louis wrote :

 MM> Unions are not what is wrong with Hostess. Management is what is wrong.
 MM> My husband has worked for WonderBread for 13 years. Explain to me how 4
 MM> mgrs for 5 employees makes sense? Tell me how the company goes into
 MM> bankruptcy but can pay someone $1 million to "fix" the
company. Those
 MM> that are not involved with the company can say anything. Its always the
 MM> Unions fault. If you only knew what was really going on within that
 MM> company.This statement is exactly what has happened. St Louis has been
 MM> rumored to close for at least 3 yrs now. I would like to see you go to
 MM> work tomorrow and say OK to any paycut. At some point you have to stick
 MM> up for yourself.

 MM> I am a Hostess employee. Hostess stopped our pension contributions a yr
 MM> & a half ago. Then they gave the top execs pay raises of 30-80%. They
 MM> offered new contracts: no pension payments (no retirement plan at all
 MM> for union employees, but company management still gets contributions to
 MM> their retirement plans) for another 2 & 1/2 yrs, and then a 75%
 MM> reduction in pension when they do start paying into it again; we have to
 MM> pay an ADDITIONAL $200/ mo for health insurance; They took away our last
 MM> cost of living raise; they gave us an 8% wage cut on top of that; they
 MM> are outsourcing all of the office work to Manilla; they are closing 12
 MM> plants. THIS WAS ALL PART OF THE CONTRACT THAT WENT INTO EFFECT LAST
 MM> MONTH!!

 MM> The 3 bakery closures were not due to the labor strike, they were
 MM> locations on the closure list. Hostess used the opportunity provided by
 MM> the strike to close them w/o having to pay severance or give notice.
 MM> Hostess will be closing more plants whether the strike is resolved or
 MM> not. We were told that if both major unions did not accept the new
 MM> contracts, Hostess would IMMEDIATELY liquidate and we would all lose our
 MM> jobs. Teamsters accepted (barely), Bakers did not. Hostess didnt
 MM> liquidate. We were told that if there was any kind of a strike, Hostess
 MM> would IMMEDIATELY liquidate & we would lose our jobs. Bakers went on
 MM> strike, Hostess didnt liquidate. The Seattle bakery was literally 100
 MM> years old. They have been talking about closing it for years. Of the 3
 MM> plants closed- the only one on official strike was Seattle. St. Louis &
 MM> Cincinnati were not on strike.

 MM> Its frustrating for Hostess employees working their butts off and taking
 MM> all these cuts, to still see Management driving luxury rental cars,
 MM> flying all over the county at $1,000/ ticket, having meetings in Vegas,
 MM> spending $200/ night on hotels, $75 on ONE meal for ONE person, golf
 MM> tournaments at $1,000/ea, throwing away MASSIVE amounts of product
 MM> because they dont do their jobs right, the list goes on.

 MM> We keep taking cuts and they keep wasting money. We took cuts a few yrs
 MM> ago (during the LAST bankruptcy) and the money was supposed to be used
 MM> to update equipment, facilities, 50 yr old route trucks; new product
 MM> development, etc. None of that ever happened. They wasted the money and
 MM> then came back to us for more. Where are their cuts and sacrifices? I
 MM> wish people out there would realize whats going on. 6 CEOs in the past
 MM> few yrs?? Doesnt anyone see whats wrong w/ this picture? Theres no one
 MM> there anymore who truly cares about this company. Its nobodys baby.
 MM> Nobody w/ the power to make decisions loves it. They just care about the
 MM> money. Its heartbreaking. I dont blame any of the employees for finally
 MM> saying theyve had enough.
 MM> [blogs.wsj.com]



It must really piss you off that you are not smart enough be management.
You must think it's better to loose all the workers jobs just to prove a point.

Maybe Obama will help you find a job. Call him.

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