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Message Subject 18,000 workers just lost a job Hostess just called it they will shut down
Poster Handle JackedVegan
Post Content
I have no sympathy for these people. Idiot Union members standing around outside with signs, holding an already struggling company hostage. Now they can start standing in the unemployment line.
 Quoting: JennOfArc


The union members are at fault? Sure about that? Do you know ANYTHING about the upper management of Hostess? Obviously, you know shit...read on...

"Rayburn announced that the pay of the four top executives would go down to $1 for the year, but that their full salaries would be reinstated no later than Jan. 1. Hostess pays Rayburn $125,000 a month, according to court filings. At the same time Rayburn became CEO, Gephardt's son Matthew, 41, the COO of the Gephardt Group, was put on the Hostess board as a $100,000-a-year independent director."


[link to management.fortune.cnn.com]
 
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