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rubenfeld

Months of negotiations, threats and labor trials ultimately brought all of Hostess’s unions on board with a fresh collective-bargaining agreement. Some, like the Teamsters, gave their support willingly, though begrudgingly, while others, like the bakers union, were forced by a judge to accept the new deal. The bakers union continued to attack the wage and benefit cuts and pension restrictions that form the heart of the new contract, even as Hostess shifted its focus to its reorganization plan, which was slated for an initial round of approval later this month.”It’s just way, way over the top,” the bakers union’s Mr. Hurt said of the labor contract in an interview Monday. The proposal garnered a near-unanimous rejection from members during a September vote. “It was an untenable proposal for our people,” he said. Mr. Rayburn earlier this week called on employees to return to work, vowing to pull the plug on the business if he couldn’t get plants running again.