Originally Posted by BuzzH

Bottom line is Hostess is an archaic company producing the same chit products they always have, charging constomers more for less of their chit products.

Consumers have changed, hostess didnt.

The company has filed chapter 11 three times. When that happens, its the fault of leadership and poor management...period.

IMO, the union did hostess and the employees the favor of speeding up the inevitable and epic failure produced by mismanagement. Best case 18,500 employees work for 70% of their wage for a few more months until management makes the decision to close the doors anyway. Which, IMO, was going to happen even if the employees agreed to work for free.

Hostess Management screwed the pooch...and its 100% correct that companies die from the neck up.

This is a function of a poorly run company producting a chit product that nobody wants.


Originally Posted by BuzzH
GeauxLSU,
Why have the past 6 CEO's that Hostess hired in the last 8 years not had a fuggin' lick of experience between them in anything to do with the baking/snack industry? Is it a good idea to pay a CEO with NO experience in the the business he is running $29K a week in Salary with almost double that in stock options and benefits?

You whine like a bitch about 13.78/hour being "overpaid" by people that actually HAVE experience in the job they are doing...yet systematically think 50K/week paid to a douchebag with zero experience is A-OK?

Is it a good idea to hire a fuggin' plumber to fix your car?

Of course, THAT FACT probably had nothing to do with the demise of Hostess.

Right?



Man, i'd sure like to make 50k a week for running something I dont know anything about.
You going to find an awful lot of guys on this board with that bald spot on the back of there heads......
Companies always die,
From the neck up.
Always.

dave




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