HostessPosted By Alan French |
It's far too simplistic to simply blame unions for the demise of Hostess. Dwindling demand, mismanagement, and a huge debt played roles. Interesting that they also recently tripled the salary of their CEO (from $750,000 to $2,500,000), and other management folks.
http://dealbook.nytimes.com/2012/11/16/hostess-brands-says-it-will-liquidate/
Clear skies, Alan
http://dealbook.nytimes.com/2012/11/16/hostess-brands-says-it-will-liquidate/
Clear skies, Alan