said by woody7:
yea it was the "greedy" unions that wanted Hostess to modernize and not the company that saddled it with unsustainable debt in the liquidation process. Yea damn those tactics
It was the Teamsters and every other union came to an agreement and one union that didn't want to play ball. So instead of a pay cut, they get a pink slip and a guarantee that the union will not be welcome IF someone takes over and starts the company back up again.
Also, when you "modernize" you usually have less people doing jobs that become more automated and unions hate that.