Former Hostess Employees Bitter About Wage Cuts (fork lift operator- $11 an hour)

[Yo_Mama]

44. The company went BK, Cali

Those workers can't get their old jobs back at their old wages, because the company can't fund them. It simply doesn't make enough profit to do so. If the company were entirely owned by the workers, it would have had to cut employee compensation to survive.

Companies have to make enough money to pay their workers and worker benefits.

That having been said, I do think current wages could be somewhat higher.

People are poorer in this country, and it means that producers are squeezed too. One can definitely call it a downward spiral - companies pay less, so employees can afford less, so other companies can't sell their goods at prices high enough to pay decently - but one company can't change things all by itself.

Also, the market for stuff like plastic snack cakes has been steadily declining. If the company management had changed its offerings earlier, maybe all this wouldn't have happened. Company management was pretty bad through the long sequence of declining fortunes. The structural costs remained, and market share was doomed to drop due to changing market tastes.