Carlos, perhaps there may have been mismanagement leading up to the strike. However companies do not have an OBLIGATION to pay their workers over minimum wage. You may argue they have a responsibility to. We don't live in a socialist country but rather a capitalist society.
Workers are allowed to band together and make whatever demands they want. Companies are allowed to accept, reject or fire their workers as a result.
In this case Hostess had not enough money to agree to the worker's demands, and not enough time to replace them so it led to the entire company being shut down.
So the unions tried to make a power play and it back fired on them. Now they'll have to find other jobs. But this is how our economy works. The unions/employees don't have ALL the power and neither do the companies. They each make their own decision about how to treat each other with a sufficient amount of risk involved.
Updated On: 11/17/12 at 11:12 AM