On Nov 20, 2012, at 5:26 PM, Bruce Johnson wrote: > It's all those dastardly Union members fault that Hostess is going under, > right? CEO got a 300% raise last year, and they're now begging the bankruptcy > judge to let them dispense $1.75 million in bonuses to management. Bonuses, > apparently, because the company is quite in liquidation, yet. > > <http://thinkprogress.org/economy/2012/11/19/1215811/hostess-executive-bonuses/> > > BTW, the end result of the wage concessions (32% wage cuts) that management > was asking for would mean that employees with several years of experience > would be getting about $12 an hour, just about $25k a year.
Go try to find a place to rent that fits that budget. :( This disconnect seems insurmountable. How can these people justify their behavior, are they just really insensitive, or do they sit around in closed rooms joking about how to crush their own employees? Do they even understand what happens if they don't have anyone making their products? I feel like the guillotines would be too kind. BTW, they don't need to worry, already found a buyer. ;) http://autoblopnik.com/2012/11/19/fiat-to-purchase-bankrupt-hostess-brands/ -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
