Hostess, based in Irving, Texas, has already reached a contract agreement with its largest union, the International Brotherhood of Teamsters. But thousands of members in its second-biggest union went on strike late last week after rejecting in September a contract offer that cut wages and benefits. Officials for the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union say the company stopped contributing to workers’ pensions last year.But listen to the video below, and hear the fears of the Bakers Union, that if they make a concession to Hostess, other companies would want similar concessions.
Friday, November 16, 2012
Bargaining stalemate between Hostess and its Union
It appears that Hostess has a credible threat to shut down unless the Union makes concessions.