Brandon I take exception to this. In my opinion there is more then just the 1 Union causing this. For over 10 years Hostess has remained opened. All the unions have made concessions for years. I ask why should they take more pay cuts? give up more in there contracts? Give up more benefits? I know you displeasure for unions. So I will stop on that side. However,, it also appears that there product is not selling. The free market is another reason that they are closing there doors. They have immense competition in the market. To blame this on the union is wrong. As the graphic states the MISmanagment of the company lead to this in my opinion. Market forces took down Hostess as much as anything.
so anyone want to go on Ebay and buy a box of Twinkies for $25-30???
Heard this AM
CEO Raised his pay 300%
Edit: read another article they did raise there pay for the top executives it appears but I cant lock in on that 300% I do see he raised it from 1.2 million to 2.55
I hope Hostess lives on
But the first order of business is to replace upper management