The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: How airline pilot unions operate||Date: 11/16/2012 12:49 PM|
|Author: SeattlePioneer||Number: 46226 of 64906|
Perhaps another example of "democratic" labor unions vs those less so:
<< Hostess Brands Inc., which makes Ding Dongs, Wonder Bread and other snacks, filed a motion Friday with U.S. Bankruptcy Court seeking permission to shutter its operations. The move comes after the company said striking workers across the country crippled its ability to maintain production.
The closing would mean the loss of about 18,500 jobs. The company said employees at its 33 factories were sent home and operations suspended Friday and its roughly 500 bakery outlet stores will stay open for several days to sell remaining products. >>
<< The company had reached a contract agreement with its largest union, the International Brotherhood of Teamsters. The Teamsters had urged the bakery union this week to hold a secret ballot on whether to continue striking. >>
I talked to an old and powerful Teamsters union president once who was AMAZED that the contract offer he had taken to his membership for a vote had been rejected. He said that was the first time that had ever happened to him.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|