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A sad day for Twinkie lovers............

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16 November 2012, 21:02
ray in Wenatchee
A sad day for Twinkie lovers............
Hostess is shutting down......

http://hostessbrands.info/

r in w.
17 November 2012, 00:38
wasbeeman
And when the company shuts down and those thousands of folks go on the dole, the unions can say "well, I guess we showed them!".


Aim for the exit hole
17 November 2012, 04:22
Bobster
Yeah, how'd that work out for them?
17 November 2012, 05:30
mete
Another incredibley stupid move by a union ! thumbdown
18500 jobs lost just so the union can play tough guy.Those 18,500 should run those union bosses out of town.
17 November 2012, 05:31
LionHunter
18,500 new unemployed former Hostess employees. All thanks to a single union (bakers) who don't get it!


Mike
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17 November 2012, 10:51
JBrown
quote:
Originally posted by mete:
Another incredibley stupid move by a union ! thumbdown
18500 jobs lost just so the union can play tough guy.Those 18,500 should run those union bosses out of town.


I just saw a union vice pres giving a statement on the news. The guy looked like a total dirt bag. His comment: "We have other bakeries and candy-shops in our union. We'll try to place our workers there."

Roll Eyes


Jason

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17 November 2012, 19:01
wasbeeman
It's gonna be hard to place 18K workers in Mom and Pop's Yummy shop and dry cleaners.


Aim for the exit hole
20 November 2012, 07:23
Norman Conquest
Well I'm open shop so you know my feelings about the unions.I'll admit they started out as a good thing but they have screwed themselves away from a place at the table.
20 November 2012, 10:37
ray in Wenatchee
Shut down the company, make everyone unemployed but don't deny the executive's bonus.

http://thinkprogress.org/econo...e-bonuses/?mobile=nc
20 November 2012, 21:44
Idaho Sharpshooter
Two other baking business companies (read: their competitors) have already submitted bids on the assets and intellectual property; much to the consternation of the company, who had planned their second bankruptcy to dump the contracts they had to try and bust the union(again).

They went Chapter 7 this time (dumb), to discharge all of their debts (read: not pay their bills for goods delivered and in inventory), discharge any employees (read: get rid of everybody over 45 and cheat them out of their retirement benefits), cut wages and benefits to the workers they hire back, and take a massive tax write-off (read: beat the government out of a couple billion dollars owed).

I find it amusing to look at the various companies doing this on a regular basis. Almost 100% they have control of the pension contributions of the employees, and that money got "borrowed" for things not directly related to the running of the company. Well, there is the matter of billions of dollars of Executive Bonuses, like Hostess did...
20 November 2012, 22:04
Use Enough Gun
They'll be back. Just like Winchester. Big Grin