They choose to go on strike while working for a BANKRUPT company jeopardizing almost 20,000 jobs in the process! LOL. Citing what they call "extreme" wage and benefit cuts, members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union went on strike Friday. About 100 employees at the Hostess Brands Inc. facility in South Peoria, at 1511 W. Lincoln Ave., walked out Friday in response to the latest contract offer from the company. About 20 employees stood outside the facility picketing Saturday afternoon. According to a release from the union, the recent contract offered by Hostess calls for wage and benefit cuts totaling 27 to 32 percent from their current levels, and an 8 percent wage reduction to be imposed immediately. The release also said the company is bankrupt. In its own release, Hostess stated that if the strike continues, the company would "move promptly to lay off most of its 18,300 member work force and focus on selling its assets to the highest bidders." http://www.pjstar.com/news/x1224701156/About-100-workers-at-Hostess-Brands-facility-strike
Hostess bankrupt? That awesome! Hope they don't come back Mat many more junk food sellers follow their example
I'm not a union man. But suppose the union ruins the co making it easier to sell. Someone is going to buy this at a discount - maybe.
If it's still operating it's under Chapter 11. The union as a creditor in the process can take whatever action it chooses in the negotiations over who gets paid what and how much, including a strike. Business negotiations over payment are very frequently a contact sport. Real life, you know.