John Hilpert: Mismanagement

Published: November 23, 2012 

Mismanagement

When I got my MBA (in a galaxy far, far away), it was clear that if the company was successful, you got a bonus; if not your pay was cut or you were fired. Now the management of Hostess does little managing, takes the company into bankrupcy and doubles its salaries. Then it blames the unions that agreed to take cuts. The N&O in two articles somehow fails to mention this – and some still criticize it as a liberal paper.

John Hilpert

Louisburg

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