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So you're admitting there was a management fail?
Incroyable!
Incroyable!
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Apolyton's Grim Reaper 2008, 2010 & 2011
RIP lest we forget... SG (2) and LaFayette -- Civ2 Succession Games Brothers-in-Arms -
Originally posted by regexcellent View Post
If there is no sound in space, how come you can hear the lasers?
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More like he's suggesting they should have done more union busting.Originally posted by -Jrabbit View PostIf there is no sound in space, how come you can hear the lasers?
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Where are the factories exactly? Can you actually confirm that they aren't located in "right-to-work" states?Originally posted by regexcellent View PostComment
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The funny thing is that the company, which has been loaded with debt by several vulture capitalist take over shops a la Bane Capital, is blaming the unions even as they tripled CEO pay.
The real big problems? 1) The company's massive debt load from two take overs which left the company holding 100% of the take over costs and 2) Excessive executive pay even as the company performed worse and worse.Try http://wordforge.net/index.php for discussion and debate.Comment
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Twinkies.com lists bakeries in 29 states for Interstate Brands.Apolyton's Grim Reaper 2008, 2010 & 2011
RIP lest we forget... SG (2) and LaFayette -- Civ2 Succession Games Brothers-in-ArmsComment
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Really Hostess' problems go back to 2004. And surprise, surprise, the employees weren't the problem then anymore than they are now:
"The company's burdensome debt traces back to Hostess's first trip through bankruptcy in 2004. Missteps by a private-equity firm, hedge funds and managers since burdened the company, despite its more than $2 billion in annual sales."
Twinkie Maker Hostess to Close - WSJ.comTry http://wordforge.net/index.php for discussion and debate.Comment
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Dinner mourns twinkies, .... I wonder what lunch thinks?Any views I may express here are personal and certainly do not in any way reflect the views of my employer. Tis the rising of the moon..
Look, I just don't anymore, okay?Comment
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I haven't eaten a Hostess product in at least a decade but probably longer.Try http://wordforge.net/index.php for discussion and debate.Comment
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hurry thenAny views I may express here are personal and certainly do not in any way reflect the views of my employer. Tis the rising of the moon..
Look, I just don't anymore, okay?Comment
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If taking a 30% cut in benefits is the "compromise", I'd hate to see what the company wanted.Originally posted by DinoDoc View Post
Seriously. If a business can't cover labor costs, it doesn't deserve to exist. As much as your ilk would like to change things, you still have to give someone a wage for work.
Also, I recall that businesses must sell products to consumers. If it doesn't sell enough to make a profit, the business fails.
But yes, let's blame unions for what the market did.
Nobody is entitled to run a successful business.To us, it is the BEAST.Comment
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8% & 2% cut in pensions.Originally posted by Sava View PostI make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator RubioComment
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Originally posted by DinoDoc View Post
uhmmm
Does being conservative automatically make one's pants light on fire?the contract would also cut benefits by 27 to 32 percent.To us, it is the BEAST.Comment
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Me either. I'm an adult.Originally posted by Dinner View Post“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"Comment
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Nobody is required to run a failing business.Originally posted by Sava View PostNo, I did not steal that from somebody on Something Awful.Comment
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