Twinkies Maker Hostess Going Out of Business
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November 16th, 2012 (9:13 PM). Edited November 16th, 2012 by Mr. X.
Join Date: Oct 2006
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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