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Message Subject Wait - Wuh?? Some Hostess Workers Feel 'Relief' at Losing Jobs ??????????
Poster Handle Anonymous Coward
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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
 Quoting: fatrat007


That is what I figured.
 
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