Twinkies Maker Hostess Going Out of Business
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November 16th, 2012 (9:13 PM). Edited November 16th, 2012 by Mr. X.
Whats strange about this is that before they started trying to cut worker wages, the executives at the company had voted to raise their pay by a significant number. The CEO had his salary tripled, and the other executives had a increase between 50 and 80%.
Sure, even without the pay increases the company still wouldn't have had the funds to remain operational. But you have to admit, that this looks pretty ****ing fishy.
Edit - Something to thing about, but the Unions might have more more willing to compromise if the executive board hadn't voted themselves massive pay raises when the company was tanking.
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