Bakery Union ‘Gave Up’ On Hostess

Photo courtesy of Creative Commons

After weeks of being blamed for the November bankruptcy of Hostess Brands, the bakers union went public with its side of the story. Union members had given about $110 million in concessions, including pay cuts amounting to 28 to 32 percent of compensation, to keep the company afloat after its first bankruptcy in 2004, the union president said. The union voted to strike, with 92 percent of the membership in support. Hostess responded by closing its plants and putting 6,000 bakery union employees out of work.

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