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NetStormer

The company says the incentive pay is needed to retain the 19 corporate officers and "high-level managers" during the liquidation process, which could take about a year

Wait... what?! The executives need an incentive to stay on with the company to the bitter end?

How about taking $1M from each of their bonuses and distributing it among the loyal employees, who are getting the real shaft here...

My father had actually worked for Hostess for about 10 years when I was young, and they shat on him by cutting his hours down to part time. He quit then and there.

jealoussin

"Oh thank God! The CEOs and executives get to keep their jobs!" said no one ever. What about all the other lower level workers who worked for years with the company? Let me guess; they can come back, but for lower pay and less hours.

CharlieWhiskyMike

Why do they get bonuses. If the enterprise went in bankruptcy the executives messed up their job.

Mollywobbles

Did no one stop to think that these bonuses may be the reason the company's going under?

Skittles

Standard union busting tactics. I guess when you can bribe all the politicians and judges you get the 1.8 million in perks. Notice they said nothing of bonuses handed out before this started or what those execs were earning before the bonuses. I guarantee it's way more than 1.8 million.

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