Hostess Closing
I didn't have a lot of time to write much on the Hostess closing this morning, but a lot of my Twitter crew had really good things to say, so I'm storifying.
@sarahljaffe They will sell the assets and in a few months the brand will be back with low cost labor :( So long America)
@sarahljaffe Sad that 18k people are going to be out of work because management couldn’t manage an iconic brand, though.
@sarahljaffe the back story is the leverage the powers used to drive the company in the ground. Blame the unions they say, no one will know.
Oh my god that's the best hashtag ever. RT @MichaelEONeil: @sarahljaffe Give the business to the workers! #TwinkiesandRoses- Me. RT @price_laborecon: So who else thinks Drum and Yglesias will run with Hostess as an example of what is wrong with unions.
@sarahljaffe I woke up, saw the ap article, and wondered what your reaction would be. Generally, I'm anti-union, but I agree with you here.- RT @TAWexler: @sarahljaffe there is no same reason to fire 18,500 workers because you suck at managing a company.
@sarahljaffe @TAWexler Correction: They are not "managing" that company. They are wrenching short-term profits from that company.
The Hostess thing reminds me of Jeremy Brecher's argument in Strike. Post-Wagner action is restrained, limiting power bit.ly/RHaf7U
