Hostess
Brands is set to liquidate its 82-year-old company because it was
unable to meet the salary demands of its unionized employees. Roughly
18,500 workers will lose their jobs because 5,500 members of various
bakers’ unions can’t appreciate that a tightening economy, stiffening
competition, and an increasingly health-conscious America mean fewer
Twinkies for all.
Hostess is doing what other private-sector organizations (such as the
auto, airline, and steel industries) have done in response to fiscally
unsustainable contracts with — or contract demands from — their unions:
either throw in the towel and quit altogether, or use drastic measures
such as bankruptcy proceedings to reboot the terms (and costs) of
employment.Read more: http://www.nationalreview.com/articles/334441/just-how-potent-are-teacher-unions-chester-e-finn-jr
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