Hostess closing its doors and laying off 18,500 people. Thanks, O'Great One

4851 Views 32 Replies 21 Participants Last post by Lattice, Nov 20, 2012

nadja

Discussion Starter · Nov 16, 2012

4

Hostess bakeries Goes GALT....

Absolutely outstanding.

If more and more business and major employers will follow suit, the unions will be broken forever and quite possibly we can move forward without their interference. Of course, they will likely still infest the government at all levels, so much remains to be done.

http://www.nbcdfw.com/news/national-...179643161.html

Hostess going out of business; nearly 18,000 to be laid off

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Posted: Nov 16, 2012 7:31 AM ESTUpdated: Nov 16, 2012 7:35 AM ESTBy: Alice Wolke - email

IRVING, Texas -Say goodbye to your Twinkies.

North Texas-based Hostess Brands, Inc. has decided to go out of business and liquidate its assets

after failing to win back striking workers.
The company posted a statement on a website set up specifically for people following the strike.
"We deeply regret the necessity of today's decision, but we do not have the financial

resources to weather an extended nationwide strike," said Gregory F. Rayburn, chief executive officer. "Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders."
About one-third of the company's workers are union members who are unhappy about the company's cutbacks during its bankruptcy reorganization.
But problems with several unions -- including the Bakery, Confectionery, and Tobacco workers and the Grain Millers International Union -- have prevented the company from moving forward.
Hostess said it will seek bankruptcy court permission to sell all of its assets. The company said bakery production has already shut down.
Some of the brands' products include Twinkies, Ding Dongs, Ho-Hos, Fruit Pies and Wonder Bread.

Stay with FOX 4 news and myfoxdfw.com for further information throughout the day.

Read more: http://www.myfoxdfw.com/story/201158...#ixzz2CORojKZv

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1 - 20 of 33 Posts

whoppo

· #2 · Nov 16, 2012

I'm sad for the thousands of soon-to-be unemployed folks who would have preferred to keep working...
Time to stock up on survival Twinkies... I hear the never go bad!

Reactions: 3

nadja

Discussion Starter · #3 · Nov 16, 2012

No kidding. I wonder if anyone else will start making them. Woa is us, no twinkies

sbasacco

· #4 · Nov 16, 2012

Its another example of corporate greed and the pursuit of the almighty dollar at the expense of the worker. What they dont realize is that to make more money, treat it like a marriage or relationship.....if the wife is happy, than you will be happy....production is a big thing and yet more and more companies would just rather move to Mexico or overseas.

Reactions: 1

C5GUY

· #5 · Nov 16, 2012

Sad deal. Got to get me some Twinkies in my stores ASAP!! Little confused about who/what this "O'Great One" is and what he/she/it has to do with the closing of this company???

nadja

Discussion Starter · #6 · Nov 16, 2012

From now on, everything that goes wrong is O'Great Ones' fault no matter what. I don;t care if it is a cloudy day, as far as I am concerned, its his fault ! .

Reactions: 1

Wallimiyama

· #7 · Nov 16, 2012

Guess againsbasacco...this is another example of unions hindering a company's ability to compete. The company reps downright begged and pleaded with the union reps...who refused to resume normal work hours and output...and wouldn't agree to the steps required to keep the company afloat.

Very similar to the steel workers in Gary, Indiana...bitchin' about how get got screwed...when in-fact, they screwed themselves!

Reactions: 4

C5GUY

· #8 · Nov 16, 2012

nadja said:
From now on, everything that goes wrong is O'Great Ones' fault no matter what. I don;t care if it is a cloudy day, as far as I am concerned, its his fault ! .

I understand, I have heard some of the whackos blame him for hurricane Sandy. Dude is like the supreme ruler of the world I guess and also the weather.

sbasacco

· #9 · Nov 16, 2012

You dont think that the union is run like a corporation?...think again....you are right, the union did screw the workers out of their jobs. Catepillar did that here. Put alot of people out of work.

Denton

· #10 · Nov 16, 2012

There's nothing like a strong a sensible union partnered with a strong and sensible company. Of course, it also helps when the local is money-savvy. I worked at such a place. We never demanded outrageous raises or insane time off. We wanted to win every contract bid and tried to put the plant in position to do that by keeping costs down and quality production high.
And then, one contract time, they tried to drop the hammer on us over insurance. We didn't want to change it, mind you, they wanted to raise premiums to where the cost of living raise and more would be swallowed up, and they wanted to slash coverage.
Six weeks later, we closed down the picket line and went back to work. We won, but things were never the same again. The company took us for fools and lost our trust.

Don't give me crap about breaking the unions. It is a two way street. I'd love for there not to be a reason for unions, but there are many reasons. To put it simply, people are always going to people, no matter what century it is.

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Reactions: 1

insatiable ONE

· #11 · Nov 16, 2012

punch

· #12 · Nov 16, 2012

I didn't eat those things anyway.

punch

Reactions: 1

Denton

· #13 · Nov 16, 2012

punch said:
I didn't eat those things anyway.

punch

:mrgreen:

Yup. When I saw the article this morning, my first thought was, "...and the world is a healthier place."

Reactions: 1

AquaHull

· #14 · Nov 16, 2012

Denton said:
:mrgreen:

Yup. When I saw the article this morning, my first thought was, "...and the world is a healthier place."

Yup, I saw one worker saying the only thing I know is how to load trucks, they CAN'T tell I won't be doing that anymore.

Heck, where was his concern when all the auto supply shops went under with GM restructuring?

My union job went bye-bye 20 years ago, I didn't hear any Hostess employee's crying over our loss.:shock:

Reactions: 1

rice paddy daddy

· #15 · Nov 17, 2012

I guess the union workers thought Obongo was going to bail them out like he did the UAW. Too bad. So sad.
I feel sorry for the non-union people who got screwed by the union.

Reactions: 2

shotlady

· #16 · Nov 17, 2012

look at all the states legalizing recreational marijuana, and now theres no twinkies.

Reactions: 5

punch

· #17 · Nov 17, 2012

someone will happen along and buy the "Hostess" name and twinkies will live on. Lets just hope they don't ship them here from China.

punch

Reactions: 1

rice paddy daddy

· #18 · Nov 17, 2012

My wife's had the recipe for years.

joec

· #19 · Nov 17, 2012

Little Debbie does Twinkieville.

Food Fast food Thigh Font Ingredient

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Reathe

· #20 · Nov 17, 2012

A Thought About Unions - Despair, Inc. sorta said it best lol

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