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Message Subject Union Fail: Walmart Reports Record Sales
Poster Handle JesseDart
Post Content
You'd think they might have taken note of the Hostess/Twinkie bankruptcy and found a clue.
 Quoting: Bluebird


Exactly
 Quoting: Anonymous Coward 26952081


I think a company with 6 CEOs in 8 years; none of whom had any bread and cake baking industry experience, where workers had taken concessions to help the company survive a previous bankruptcy, where Hostess management had already planned to close plants even if the workers accepted the cuts and stayed at work, where top executives had gotten massive raises as Hostess was about to enter bankruptcy, where investments in the company’s future, promised as part of restructuring after the previous bankruptcy, were never made, where management was put in place by private equity companies, Wall Street investors, “restructuring experts”, third-tier managers from other non-baking food companies and currently a “liquidation specialist” were all factors that helped to expedite Hostess demise.

Blaming Unions alone is overly simplistic and and fallacious thinking but hey, this is GLP so I'm not surprised...
 Quoting: Soultrain


clappa
 
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