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Message Subject Wait - Wuh?? Some Hostess Workers Feel 'Relief' at Losing Jobs ??????????
Poster Handle fatrat007
Post Content
Yeah, the same thing happened in my area. They are fine with the company closing down.

Hostess had already made the employees start paying the company like $10 out of every paycheck. Which ends up being a around $2million if it was $10 a month from each employee for one year.

Then there were no pay raises for 5 years.

This time they wanted each employee to start paying an additional 8% of their wages. Who knows what that amounts to.

Why should an employee have to pay a major corporation to stay in business? They said to take the pay cut or we shut down for good. In my book that is blackmail.

I wonder what kind of pay cuts the people in the higher positions took during that time.
 Quoting: Anonymous Coward 22439663


Top execs received 35% to 80% raises. The CEO went from $750,000 to over 2 million
 
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