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Latest News - September 2012

September 16, 2012
The War Against Workers
Source: Washington Post

Teamsters approve contract with Hostess brands but other unions reject deal

Workers belonging to Hostess Brands’ biggest union on Friday narrowly approved new contract terms, raising the possibility that the maker of Twinkies and Wonder Bread will stay in business.

But another group of employees rejected the contract terms that Hostess says are needed for it to survive.

The privately held company based in Irving, Texas, is working to exit bankruptcy protection, which it sought in January. Its business has been hammered by consumers’ increased preference for healthier snacks, and stiff competition from other sweets makers.

 

 


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