Shedding tears for workers — not Twinkies

We are saddened by the closing of Hostess Brand plants in cities throughout the country and have issued several statements to the press in support of the Bakery workers. The Bakery workers had gone on strike because they, in the past, had provided many wage and benefit concessions, which the company promised to use toward rebuilding the brand and improving the capital structure. Hostess did none of this, according to a report by a nonpartisan bankruptcy analyst and was terribly managed. Now the company is blaming the striking workers instead of taking responsibility for abysmal management and giveaways to six CEOs in 10 years who have failed to turn the company around and squandered the savings provided to the company by the workers. Now, 18,000 workers will lose their jobs. It’s shameful.

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