Hostess Workers Face Bitter Decision

7 years 2 months 3 days 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
COLUMBIA - A pedestrian was hit by a vehicle Wednesday night, according to MU Police spokeswoman Sara Diedrich. It... More >>
4 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 9:53:00 PM CST November 20, 2019 in News
FULTON - The only hospital in Callaway County could be in its final days of serving the community. Fulton Medical... More >>
5 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 9:19:00 PM CST November 20, 2019 in News
COLUMBIA - Columbia Regional Airport is one step closer to getting a new terminal. The city Airport Advisory Board... More >>
7 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 6:51:00 PM CST November 20, 2019 in News
COLUMBIA - In its first season of competition, the University of Missouri Esports team were crowned champions after winning the... More >>
8 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 6:08:00 PM CST November 20, 2019 in News
JEFFERSON CITY - A fire broke out Wednesday afternoon at the Missouri State Penitentiary. According to fire personnel, the... More >>
9 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 5:37:00 PM CST November 20, 2019 in News
COLUMBIA - The City of Columbia is moving forward with the creation of a new solar field after the city... More >>
10 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 4:14:00 PM CST November 20, 2019 in News
COLUMBIA - A Columbia Police source confirmed officers were following up on leads Wednesday in Cooper County in relation to... More >>
11 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 2:45:00 PM CST November 20, 2019 in News
COLUMBIA - After testimony and a three hour jury deliberation this afternoon, Matthew McMillan has been found guilty of murder... More >>
12 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 2:41:00 PM CST November 20, 2019 in News
FULTON - The Fulton Police Department and Callaway County Sheriff’s Office assisted the M.U.S.T.A.N.G drug task force with a narcotics... More >>
12 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 2:18:00 PM CST November 20, 2019 in News
COLUMBIA - 6,157 out of 6,987 sexual assault kits went untested in Missouri, the state's SAFE Kit initiative revealed Wednesday.... More >>
13 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 1:02:00 PM CST November 20, 2019 in News
OSAGE COUNTY - A man on the run since Friday in Maries County was captured Wednesday morning in Osage County.... More >>
13 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 12:51:00 PM CST November 20, 2019 in News
COLUMBIA - A Columbia woman accused of hitting and killing a man on Grindstone Parkway faces a new charge. ... More >>
15 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 11:41:00 AM CST November 20, 2019 in News
COLUMBIA - Flyers, newsletters, offprints and postcards sent by law professors and law schools may soon be a thing of... More >>
15 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 10:59:00 AM CST November 20, 2019 in News
COLUMBIA -- The Missouri Job Center will host a job fair on Wednesday at the Daniel Boone Regional Library. ... More >>
22 hours ago Wednesday, November 20 2019 Nov 20, 2019 Wednesday, November 20, 2019 3:45:00 AM CST November 20, 2019 in News
JEFFERSON CITY - Crews are investigating a fire that started in the front room of a house Tuesday evening. ... More >>
1 day ago Tuesday, November 19 2019 Nov 19, 2019 Tuesday, November 19, 2019 9:37:00 PM CST November 19, 2019 in News
COLUMBIA - Michael Demkowicz had tried everything to quit smoking. The patch. The pill. The gum. Nothing worked —... More >>
1 day ago Tuesday, November 19 2019 Nov 19, 2019 Tuesday, November 19, 2019 8:35:00 PM CST November 19, 2019 in News
COLUMBIA - On Tuesday night the search committee to find the new Vice Chancellor for Inclusion, Diversity and Equity held... More >>
1 day ago Tuesday, November 19 2019 Nov 19, 2019 Tuesday, November 19, 2019 6:58:00 PM CST November 19, 2019 in News
COLUMBIA - A 911 dispatcher ordered all employees to evacuate the KOMU 8 News building on Highway 63 after a... More >>
1 day ago Tuesday, November 19 2019 Nov 19, 2019 Tuesday, November 19, 2019 6:26:00 PM CST November 19, 2019 in News
Columbia, MO
Broken Clouds 53°
3am 56°
4am 56°
5am 56°
6am 57°