Hostess Workers Face Bitter Decision

5 years 2 months 4 weeks ago Sunday, September 16 2012 Sep 16, 2012 Sunday, September 16, 2012 8:29:00 PM CDT September 16, 2012 in News
By: Katie Brennan
loading

BOONVILLE - Nearly 80 workers at the Hostess Brands bakery in downtown Boonville must make a very difficult decision-- take a sizable pay cut for the third time, or chance losing their job.

There's no way to sugarcoat it.

Hostess has gone bankrupt and is asking workers to take an eight percent pay cut and agree to sharp reductions in company-paid pension benefits. The company's restucturing specialist-turned-CEO, Gregory Rayburn, has said these sacrifices must happen for the company to stay afloat. Otherwise, it's liquidation for the maker of your favorite lunchbox snacks.

A worker at the bakery in Boonville told KOMU 8 the company is asking for too much, too often. He feared he would lose his job, so he requested to keep his identity anonymous.

"Everybody within a year would be living paycheck to paycheck, I think. And those are guys who are financially stable now," said the Hostess Brands worker.

Workers in Boonville are among more than 19,000 Hostess employees that face this decision. The worker we spoke with said he didn't want to punish the company employees that would have a hard time finding another job when it was corporate management that caused the problems.

He said, "Me knowing I can move forward and go get another job, should I vote yes so those guys can have a chance or should I just say I am going to vote no for the guys who put their whole life into this place and don't have anything to show for it?"

Hostess has asked employees for givebacks in the past, but is still in the red. The International Brotherhood of Teamsters, a union that represents thousands of Hostess' workers says it is the company's history of cutting labor costs that upsets workers.

"Hostess has asked union workers to take pay cuts and to pay more for benefits several times, yet this is the first time management has taken a cut as well," said Linda Giles, secretary-treasurer of the local Teamsters union that represents Boonville workers.

Hostess moved to reduce executive pay in April, but some Boonville workers don't think that is enough.

"I think the majority of the plant is pretty adamant about voting no. I think most of those people there think this is a slap in the face," said the Boonville worker.

Teamsters nationally agreed Friday to accept the deal, but several Boonville workers belong to the The Bakery, Confectionery, Tobacco Workers and Grain Millers Union and will vote this week.

When all the votes are in, the future of the company will be in the hands of the bankruptcy judge.

 

More News

Grid
List
ST. LOUIS (AP) — Kevin Roy scored twice and John Gibson made 29 saves as the Anaheim Ducks defeated the... More >>
4 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 10:20:39 PM CST December 14, 2017 in Sports
COLUMBIA - Iron Tiger Tattoo parlor in downtown Columbia mops its floors nearly three times a day. It didn’t use... More >>
4 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 9:56:00 PM CST December 14, 2017 in Target 8
CAMDENTON - The Missouri Department of Natural Resources recommended an old manufacturer in Camdenton as a Superfund site. Money... More >>
6 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 8:30:00 PM CST December 14, 2017 in News
VERSAILLES - Prosecutors filed charges against three employees of the Morgan County Jail on Monday, including a nurse accused of... More >>
6 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 7:50:00 PM CST December 14, 2017 in News
FULTON - People who are preparing to travel for the holidays are automatically at risk for robberies, road issues, and... More >>
7 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 7:25:00 PM CST December 14, 2017 in News
JEFFERSON CITY (AP) — The search for Missouri's next top education official has started. The State Board of Education... More >>
8 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 6:13:24 PM CST December 14, 2017 in News
MOBERLY - Fire and law enforcement officers from three counties received radiological training Thursday at the Moberly Fire Department. ... More >>
8 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 6:09:00 PM CST December 14, 2017 in News
COLUMBIA - Here is the latest on a threat to Moberly Area Community College's Columbia campus: 6:55 p.m. ... More >>
9 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 5:00:00 PM CST December 14, 2017 in News
UPDATE: Suspect Monquail Williams has been taken into custody in Boone County without incident. According to Corporal Andy Boggs... More >>
10 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 4:47:00 PM CST December 14, 2017 in News
COLUMBIA - The City of Columbia has new aid in fighting snowy roads this with the help of its new... More >>
10 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 4:04:00 PM CST December 14, 2017 in News
AUDRAIN COUNTY – One Missouri farmer is righting his wrong following a pig waste leakage into a nearby creek. ... More >>
11 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 3:45:00 PM CST December 14, 2017 in News
JEFFERSON CITY - Authorities are investigating a Wednesday night shooting which injured a 19-year-old Jefferson City resident, police said in... More >>
11 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 3:37:00 PM CST December 14, 2017 in News
COLUMBIA - Callaway County schools donated more than 9,200 toys to Toys for Tots Thursday. "We're excited," coordinator Melissa... More >>
11 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 3:20:00 PM CST December 14, 2017 in News
BELLEFONTAINE NEIGHBORS (AP) - The Latest on the shooting of two St. Louis-area police officers saved by their bulletproof vests... More >>
11 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 3:17:00 PM CST December 14, 2017 in News
COLUMBIA - Thursday marked the five year anniversary of the Sandy Hook shooting. In 2012, Adam Lanza opened fire... More >>
11 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 2:50:00 PM CST December 14, 2017 in News
COLUMBIA - Police now have 75 kits with the opioid overdose reversal medication naloxone, which is also known as Narcan.... More >>
12 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 2:39:00 PM CST December 14, 2017 in News
JEFFERSON CITY (AP) — The former administrator of the Pettis County Ambulance District has admitted embezzling more than $227,000... More >>
12 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 2:15:00 PM CST December 14, 2017 in News
JEFFERSON CITY - Democratic lawmakers are voicing their concerns after the Missouri Republican party presented a new tax plan for... More >>
12 hours ago Thursday, December 14 2017 Dec 14, 2017 Thursday, December 14, 2017 2:12:00 PM CST December 14, 2017 in News
Columbia, MO
Broken Clouds 31°
3am 29°
4am 30°
5am 28°
6am 28°

Select a station to view its upcoming schedule:

Coming Up Next

2:37a
Today with Kathie Lee & Hoda
3:30a
Early Today
4:00a
Early Today
2:30a
Paid Program
3:00a
Paid Program
3:30a
Paid Program

Tonight's Schedule

7:00p
Blindspot
8:00p
Dateline NBC
7:00p
The 86th Annual Hollywood Christmas Parade
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld