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 Post subject: Union Kills Hostess
PostPosted: Fri Nov 16, 2012 11:06 am 
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Joined: Fri Jul 30, 2010 4:31 pm
Posts: 6238
Hostess, the makers of Twinkies, Ding Dongs and Wonder Bread, is going out of business after striking workers failed to heed a Thursday deadline to return to work, the company said.

“We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” Hostess CEO Gregory F. Rayburn said in announcing that the firm had filed a motion with the U.S. Bankruptcy Court to shutter its business. “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.”

Hostess Brands Inc. had earlier warned employees that it would file to unwind its business and sell off assets if plant operations didn't return to normal levels by 5 p.m. Thursday. In announcing its decision, Hostess said its wind down would mean the closure of 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes and 570 bakery outlet stores in the United States.

Hostess suspended bakery operations at all its factories and said its stores will remain open for several days to sell already-baked products.

"Most employees who lose their jobs should be eligible for government-provided unemployment benefits," Hostess said.

No more Twinkies, Ho-Hos or King Dons.
Thanks a lot, union! You suck!


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 Post subject: Re: Union Kills Hostess
PostPosted: Fri Nov 16, 2012 11:09 am 
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Joined: Fri Jul 30, 2010 2:28 pm
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Location: Summerdale, PA
Shouldn't they qualify for a govt bailout? :lol:

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 Post subject: Re: Union Kills Hostess
PostPosted: Fri Nov 16, 2012 11:12 am 
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LocalGrown wrote:
Shouldn't they qualify for a govt bailout? :lol:

They would if Chris Christie was president.


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 Post subject: Re: Union Kills Hostess
PostPosted: Fri Nov 16, 2012 2:31 pm 
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Location: Harrisburg
Why close, HIRE NEW EMPLOYEES.

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 Post subject: Re: Union Kills Hostess
PostPosted: Fri Nov 16, 2012 9:53 pm 
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tenringx wrote:
Why close, HIRE NEW EMPLOYEES.
I wouldn't be suprised if that is their strategy. I've often thought that this should be the school districts strategy against strongarm unions.

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 Post subject: Re: Union Kills Hostess
PostPosted: Sat Nov 17, 2012 12:24 am 
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Location: Summerdale, PA
I was told today that per the contract they're not allowed to hire replacements. I say eff em, why go out of business, let em sue you.

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 Post subject: Re: Union Kills Hostess
PostPosted: Sat Nov 17, 2012 11:24 am 
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Talk about cutting off your nose to spite your face.
But I'm reading that management can also take a lot of the blame for the shutdown, they apparently pulled a lot of shenanigans under the guise of bankruptcy, the pensions being the biggie. They not only stopped contributing to the pension fund but they got the bankruptcy judge's approval to use the fund for operating costs with the promise to the workers that the fund would be replenished in 2015 .............. WTH ! So now even if any of the workers are close enough to retirement, they can't, because their pension is gone.
So it looks like plenty of blame to go around.


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 Post subject: Re: Union Kills Hostess
PostPosted: Sat Nov 17, 2012 7:04 pm 
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Yeah the whole place was in a mess.but today to tomorrow,bottom line is you had a job today tomorrow you don't, ya can't be asking for more blood when the donors already bleeding to death ,no matter whose fault it is .To Bad Dancer took her ball and went home :lol: :lol: he/ she'd have a answer to defend her unions

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 Post subject: Re: Union Kills Hostess
PostPosted: Thu Nov 22, 2012 5:33 am 
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Location: EBONIA
The pension fund was ransacked.
The bankruptcy is a cover-up.

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 Post subject: Re: Union Kills Hostess
PostPosted: Thu Nov 22, 2012 9:19 am 
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It's got to be tough to pay pay union wages and pensions and still turn a profit when your efficiency is gone due to union rules like not being able to put both Twinkies and Wonder Bread on the same truck.


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 Post subject: Re: Union Kills Hostess
PostPosted: Thu Nov 22, 2012 8:16 pm 
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Vic wrote:
It's got to be tough to pay pay union wages and pensions and still turn a profit when your efficiency is gone due to union rules like not being able to put both Twinkies and Wonder Bread on the same truck.

:lol: :lol: and the dirver can't load his own truck ,need a seperate union dude to load the Twinkies and another one for the bread.Progress :roll:

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"AMERICANS Used To ROAR Like LIONS For LIBERTY,- NOW They BLEAT Like SHEEP For SECURITY."- ~~ Norman Vincent Peale-______ ~~ COPS ARRIVE IN TIME TO DRAW CHALK LINES , ~~~IT'S UP TO YOU TO SEE THE OUTLINE ISN'T AROUND YOU ~~.


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