Posted on 21 November 2012.
Senior Fellow Matt Patterson breaks down the controversy surrounding confection maker Hostess’ perilous position. Stalled negotiations with one of the company’s labor unions might force the company to shut down entirely.
You need to find more informed Sr Fellow. Matt, obviously has not done his research and is biased in blaming only the bakers union for the demise of Hostess, when in fact there is an abundance of blame to go around, much of which the Company itself holds. The main problem at Hostess yes is the costs, but the costs that are over market are in their distribution and not in their production…of course Teamsters agreed to the concessions, they are representing distribution…they should have been willing to make even more concessions and they knew it…but everyone is blaming it on the Bakers…that’s fine everyone needs a scape goat, but in the end everyone will be better off with new owners and managers, rather than the inept ones that Hostess has now….so they should be thanking the Bakers instead of blaming them.
[...] Survive?by Ryan Young on November 21, 2012 · 0 commentsin Labor, Podcast, Regulation Tweet Have a listen here.Senior Fellow Matt Patterson breaks down the controversy surrounding confection maker [...]
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