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REPORT ABUSIVE REPLY
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Message Subject
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18,000 workers just lost a job Hostess just called it they will shut down
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Poster Handle
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Anonymous Coward |
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Post Content
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Actually it's not workers' job to complain about management salaries. That is the job of the owners.
If it's a closely held company, that owner may be one person. If it's a typical large corporation with stock traded, that may be lots of small shareholders who have difficulty unifying to negotiate against management.
But even though it's a difficult pill to swallow, it seems the workforce is more replaceable than the management. Also in aggregate much more expensive.
Again, workers should not try to "level the playing field" against management esp. top management. It's emotionally tempting, but irrational.
Quoting: Anonymous Coward 27304459 So trying to keep management in-check is irrational? Who are you, David Rockefeller? No I am not David Rockefeller, just someone who generally buys into the core assumption of microeconomics -- that each individual is rational if they maximize their own individual expected utility. This means no bonus points for reducing someone else's (i.e. Schadenfreude.) But it probably didn't matter, it seems likely that this management was hired and paid to shut the company down. Obamacare in, Hostess out!
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