Thursday, November 22, 2012

Wrong again, Confectionary Breath

Somehow an Ed McMahonism seems appropriate when talking of yesterday's snack foods;
Interviews with more than a dozen [Hostess] workers showed there was little sign of regret from employees who voted for the strike. They said they would rather lose their jobs than put up with lower wages and poorer benefits.
If it's lower wages and benefits they want to avoid, ultimately they will want to avoid employment in a unionized bakery;
Unlike some non-unionized rivals, the maker of Wonder Bread and Drake's cakes had to navigate more than 300 labor contracts, with terms that often strained efficiency and competitiveness, Hostess officials have said. In some extreme cases, contract provisions required different products to be delivered on different trucks even when headed to the same place.
Their own union's contract provisions hindered productivity improvements needed to fund high wages and benefits.  Now those provisions have cost them everything. 

(Thanks to Saturos at The Money Illusion for alerting us to this Business Insider piece)

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