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pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
reply to CXM_Splicer

Re: No more Hostess Twinkies for a while

said by CXM_Splicer:

I agree, in the end, the union could have made massive concessions to try and bring the company back from the death plunge. Maybe they could have saved the company and maybe they couldn't have. Realistically, who is going to take the wheel when someone else has pushed the plane to within a few feet of the ground and it is pointed straight down?

Don't forget that the other union which represented Hostess workers, the Teamsters, agreed to concessions, and they were practically begging the Bakery, Confectionery, Tobacco Workers and Grain Millers' International Union (BCTGM) to do the same.

This is how unions for airlines operate... they give back benefits when times are bad and they fight hard for benefits when times are good. The company stays in business and the employees get paid. Would the BCTGM giving in saved the company? Nobody will know now, but as someone who took a pay cut as opposed to losing my job, I'd definitely have taken the pay cut.
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bobjohnson
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seems it wasn't just about a pay cut. Kind of a worst case scenario for everyone but the creditors as usual. The unions argument was about pension funding more than pay.

»management.fortune.cnn.com/2012/···ankrupt/



Blogger
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reply to pnh102

said by pnh102:

This is how unions for airlines operate... they give back benefits when times are bad and they fight hard for benefits when times are good. The company stays in business and the employees get paid. Would the BCTGM giving in saved the company? Nobody will know now, but as someone who took a pay cut as opposed to losing my job, I'd definitely have taken the pay cut.

Permit me to append to that thought. A long-time friend of mine is a 767 Captain for Delta Airlines. He hired on with them about 25 years ago.

Some years back Delta told their employees in general but I am referring specifically to the pilots and their union that they needed to make serious salary cutback consideration to save the company from filing a BK and going under. Eventually the pilots gave up 35-40 percent of the salary!

A couple of years later Delta filed a BK anyway. The resulting BK emergence ended up with including the previous 35-40 percent pay cut an additional pay cut to bring the total cut to 50 percent. Plus, wait for it, the pilots entire pension plan was forfeited or liquidated or however you want word it the pilots lost it. I haven't talked to him for a while but unless something dramatic has changed when my friend retires he gets no pension.

So when talking about unions there is more than one story and there is no such thing as stereotype union or mindset of unions.