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At a time when our economy is headed for a Double Dip Recession, unemployment if characterized in the same manner as the 1929 Great Depression is close to 24%, and the baking industry is over capacity, The Bakery, Confectionery, Tobacco Workers and Grain Millers’ International Union (BCTGM) an affiliate of the AFL/CIO Union, arrogantly and callously refused to bargain and forced an American institution to padlock it’s doors.
The Hostess Corporation notified its striking unions and their 18,500 workers that they could no longer afford the pensions and the looming healthcare cost increases.
Here is why:
There are 372 Bargaining Agreements
There are 40 different Pension Plans
There are 5500 Delivery Routes