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Hostess sends layoff notices to all workers (more-than 18,000)
blogs.wsj.com/bvankruptcy ^ | May 7, 2012 | Rachel Feintzeig

Posted on 05/07/2012 5:21:52 PM PDT by MamaDearest

Hostess Brands Inc. on Friday sent out letters notifying its more-than 18,000 workers that they could be laid off in the next two months.

The maker of Twinkies and Wonder Bread on Friday mailed out WARN Act notices to all of its employees, a Hostess spokeswoman confirmed to Bankruptcy Beat Monday. The federal WARN Act requires companies to give employees 60 days notice before closing a facility or ordering mass layoffs. However, sending the notices doesn’t mean a company is definitely going to lay off the recipients.

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Culture/Society; News/Current Events; Unclassified
KEYWORDS: bakery; bankruptcy; bhoeconomy; foodpolice; hostess; jobless; layoff; nutrition; obamanomics; recovery; twinkies; wonderbread
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1 posted on 05/07/2012 5:22:04 PM PDT by MamaDearest
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Awesome, that will surely get the unemployment rate down to 7.9%


2 posted on 05/07/2012 5:23:50 PM PDT by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: MamaDearest

This is insane.

We are watching one of the top snack brands being slaughtered by unions.

I sure hope those 18,000 are happy with themselves when they are out of work. Some other company will buy the brand names and produce the cakes elsewhere.


3 posted on 05/07/2012 5:25:16 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: dsrtsage

LOL!!


4 posted on 05/07/2012 5:26:24 PM PDT by Huskrrrr
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To: MamaDearest

NOOOOOO!!!!!!


5 posted on 05/07/2012 5:27:16 PM PDT by rabidralph
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To: MamaDearest

Satisfied Moochelle?


6 posted on 05/07/2012 5:27:25 PM PDT by Huskrrrr
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To: MamaDearest
Homeboy’s layin’ off Twinkies?
7 posted on 05/07/2012 5:27:37 PM PDT by Bronzy (No more RINO's)
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To: MamaDearest

Just because you send out 18,000 notices doesn’t mean you’re going to lay off 18,000. But they’d better understand that on the other side, 18,000 people just started looking just in case.


8 posted on 05/07/2012 5:29:06 PM PDT by Vince Ferrer
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To: dsrtsage
Awesome, that will surely get the unemployment rate down to 7.9%

Don't push it.

More like 7.999999%.

9 posted on 05/07/2012 5:29:57 PM PDT by EGPWS (Trust in God, question everyone else)
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To: dsrtsage
Awesome, that will surely get the unemployment rate down to 7.9%

As soon as 19,000 people become "discouraged"...

10 posted on 05/07/2012 5:30:13 PM PDT by THX 1138 ("Harry, I have a gift.")
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To: MamaDearest
I would think the food nazis this is a problem offering two possibilities, neither of which is practically acceptable to them.

The cessation of Twinkees and Wonderbread versus 18,000 union jobs.

Jack Benny, "I'm thinking, I'm thinking."

11 posted on 05/07/2012 5:30:41 PM PDT by Zuben Elgenubi
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To: GeronL

Does anyone out there have a good copycat recipe for the Hostess Ding Dongs?


12 posted on 05/07/2012 5:37:11 PM PDT by Maudeen (Proverbs 3:5-6)
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To: All

Hostess Brands Inc. on Friday sent out letters notifying its more-than 18,000 workers that they could be laid off in the next two months.

The maker of Twinkies and Wonder Bread on Friday mailed out WARN Act notices to all of its employees, a Hostess spokeswoman confirmed to Bankruptcy Beat Monday. The federal WARN Act requires companies to give employees 60 days notice before closing a facility or ordering mass layoffs. However, sending the notices doesn’t mean a company is definitely going to lay off the recipients.

“The conditional WARN notices were sent to alert employees that a sale or wind down of the company is possible in the future. There are no immediate actions being taken,” spokeswoman Anita-Marie Laurie said Monday in an emailed statement. “Our goal is to emerge from bankruptcy as a growing company with a strong future—one that continues to provide good jobs with competitive wages and benefits.”

Hostess’s future remains uncertain, largely dependent upon the outcome of negotiations with its two big unions over the fate of their labor agreements as well as upon its search for new capital. Investors are to submit second-round bids for the business this week, Hostess attorney Corinne Ball told the bankruptcy court last month.

Another question mark comes in the form of a threat by the Teamsters, Hostess’s biggest union, to strike if the company wins court approval to reject their labor contracts. The Teamsters members drive the trucks that deliver the company’s baked goods to store shelves. The union and Hostess’s chief executive agree that a Teamsters strike would shut down the company.

The Teamsters on Friday told its local unions that it remains “ready, willing and able to negotiate” consensual labor changes but vowed not to “let the company force a poorly defined or inequitable turnaround plan on its employees that, despite our concessions, is destined to put Hostess out of business once and for all.”

A ruling on whether Hostess can reject its labor agreements with the Teamsters hasn’t come down yet. However, a bankruptcy judge on Friday authorized the company to reject 35 such agreements with its second-largest union, the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union. Both Hostess and BCTGM President Frank Hurt said the company won’t necessarily reject the agreements now but will instead continue trying to reach a consensus.

Together, the Teamsters and BCTGM represent 14,101 of Hostess’s 18,400 active workers


13 posted on 05/07/2012 5:37:30 PM PDT by Las Vegas Dave ("All 57 states, or is it 58, must stand together and defeat O-bozo! VOTE the usurper out!!")
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To: MamaDearest
El oso de Bimbo es muy feliz!


14 posted on 05/07/2012 5:39:08 PM PDT by Rebelbase
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To: Maudeen

Isn’t that just a flatter cupcake with all around frosting?

I had one of those a few minutes ago.


15 posted on 05/07/2012 5:39:27 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Las Vegas Dave
Together, the Teamsters and BCTGM represent 14,101 of Hostess’s 18,400 active workers

Ding Dongs are the product of Union labor.

But enough about our public education system.

16 posted on 05/07/2012 5:39:36 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: MamaDearest
The federal WARN Act requires companies to give employees 60 days notice before closing a facility or ordering mass layoffs.

I wonder if Solyndra did this?

17 posted on 05/07/2012 5:41:03 PM PDT by umgud (No Rats, No Rino's)
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To: GeronL

It has the cream filling. The frosting is not gooey. They really taste good refrigerated. I’ve been known to finish off a box with accompanying milk in one day. Great stress reliever. I rationed that I received my daily dose of iron.


18 posted on 05/07/2012 5:42:36 PM PDT by Maudeen (Proverbs 3:5-6)
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To: Maudeen

oops make that rationalized on last post


19 posted on 05/07/2012 5:44:06 PM PDT by Maudeen (Proverbs 3:5-6)
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To: GeronL

What’s next???

No mo Ho Hos?

Death knell for Ding Dongs?

Cheeze Whiz wipe out?

Just watch, this has the potential to curb global snacking, and decrease the obesity index...


20 posted on 05/07/2012 5:46:09 PM PDT by bigbob
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To: Maudeen

oops make that rationalized on last post


21 posted on 05/07/2012 5:46:28 PM PDT by Maudeen (Proverbs 3:5-6)
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To: GeronL

I can’t believe the prices on snack cakes in stores today; like candy bars, I simply refuse to buy them at those prices (as I get older I crave them less and less, like fast food). I don’t know what impact unions have on those prices, but I’m sure some of it is the underlying commmodities used as ingredients and a big part of it is the unreported inflation driving everything up.

I heard a deli owner complaining about them, as they sit on his shelves taking up space and don’t move until their expiration nears and a bright orange discount sticker is placed on them. I loved this stuff when I was younger, and could buy it with my paper-route money; I couldn’t imagine many 12 year-olds have the kind of money to buy them now.

Our children will definitely not have the standard of living we had, while we will never have the standard of living our parents had.


22 posted on 05/07/2012 5:47:58 PM PDT by kearnyirish2
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To: Maudeen

I guess there will always be Moon Pies.


23 posted on 05/07/2012 5:48:28 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: bigbob
Ho Hos? Ding Dongs? Cheeze Whiz

Best if all this crap was off the market. Sugar is the root cause of the obesity and diabetes problem.

Eat only real food. Without a list of ingredients.

24 posted on 05/07/2012 5:51:26 PM PDT by FatherofFive (Islam is evil and must be eradicated)
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To: Maudeen
No, but I have a Roselyn Bakery copycat cookbook. A favorite Indiana(polis) bakery for years. Now gone. Kroger's still sells it. Probably from by copycat book.
25 posted on 05/07/2012 5:51:30 PM PDT by Bronzy (No more RINO's)
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To: kearnyirish2

That is true.

Our parents use to give us a dollar when we went to school, even though we had free lunches. We got into the habits of buying a BOX of Little Debbie brownies (it was about 79 or 99 cents or something like that) and a bunch of cans of generic soda (they were like 10 cents a can).

We’d walk across the street and feed the empty cans into the automated canbank and take the change back to the store for more soda.

lol.

We didn’t watch TV and play video games all day back then either, so we weren’t too unhealthy.


26 posted on 05/07/2012 5:52:34 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Bronzy

More like Michelle, I imagine.

The Summer of Obama Recovery!!

Can’t wait until Brian Williams tells us again on the NBC Nightly Pravda how things keep improving.

Tell us more, Comrade Brian! Keep Hopey-Changey alive!


27 posted on 05/07/2012 5:54:33 PM PDT by F15Eagle (1 John 5:4-5, 4:15, 5:13; John 3:17-18, 6:69, 11:25, 14:6, 20:31; Rom10:8-11; 1 Tim 2:5; Titus 3:4-5)
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To: GeronL
And Tennessee GooGoo Clusters http://www.gottagottahaveit.com/6-03/prod/googootreats.html
28 posted on 05/07/2012 5:55:29 PM PDT by Bronzy (No more RINO's)
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To: Texas Eagle

Good one!


29 posted on 05/07/2012 5:56:32 PM PDT by ShasheMac
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To: F15Eagle
I think we are moving FORWARD to finish the job.
30 posted on 05/07/2012 5:58:57 PM PDT by Bronzy (No more RINO's)
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To: GeronL
It appears to be a privately owned company.
Merita priced themselves out off the popular bread shelf a while ago in my local area.
Their junk food snack cake brands are much higher than generics, and not enough better than the other brands to justify the price.(IMO)

Sad to see them decline, but their products got progressively smaller and more expensive, starting several years ago.

With any luck, they can retain their patented brands, and start again, if they care to move to right to work states.

The downward “progress” may have been a bi-product of the union label!

31 posted on 05/07/2012 6:00:03 PM PDT by sarasmom ( http://www.youtube.com/watch?feature=player_embedded&v=xZsFe6dM3EY)
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To: Maudeen

32 posted on 05/07/2012 6:00:23 PM PDT by Delta 21 (Oh Crap !! Did I say that out loud ??!??)
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To: Bronzy

Yeah, I’m afraid that is what it will be.


33 posted on 05/07/2012 6:01:30 PM PDT by F15Eagle (1 John 5:4-5, 4:15, 5:13; John 3:17-18, 6:69, 11:25, 14:6, 20:31; Rom10:8-11; 1 Tim 2:5; Titus 3:4-5)
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To: sarasmom

Their headquarters was moved to Texas, but you can’t deunionize just my moving to a right to work state.


34 posted on 05/07/2012 6:04:05 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Delta 21; Bronzy; GeronL

Thnks for your suggestions. . . the little Debbie cupcakes may be the quick fix if the Ding Dongs go down.


35 posted on 05/07/2012 6:05:58 PM PDT by Maudeen (Proverbs 3:5-6)
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To: Vince Ferrer
But they’d better understand that on the other side, 18,000 people just started looking just in case.

Yeah, right, where are they going to find jobs, eh?

36 posted on 05/07/2012 6:06:21 PM PDT by null and void (Day 1204 of our ObamaVacation from reality [and what dark chill/is gathering still/before the storm])
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To: GeronL

I think a lot of us are going to be getting used to generic soda again, and Little Debbies (as opposed to Hostess) and Utz chips (as opposed to Wise or Lays).

The soda itself is actually falling in price, because I think many Americans realize it is nasty (I still love it; it is liquid crack). I see a lot of 4/$5 deals in supermarkets (basically about $.85 per litre) - cheaper than some spring water. I’m sure they’re taking a beating by being tossed from many schools as well.


37 posted on 05/07/2012 6:06:45 PM PDT by kearnyirish2
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To: kearnyirish2; Maudeen

I am kind of addicted to soda and bread.

I wouldn’t be fat without those.


38 posted on 05/07/2012 6:09:02 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: null and void

39 posted on 05/07/2012 6:10:04 PM PDT by null and void (Day 1204 of our ObamaVacation from reality [and what dark chill/is gathering still/before the storm])
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To: Maudeen

“Does anyone out there have a good copycat recipe for the Hostess Ding Dongs?”

I sure hope so! I have been known to eat an entire box in one sitting. My absolute favorite junk-food.

My oldest son has been with Hostess for 19 years. Maybe he can get the recipe before he gets laid off? If so, will ping you immediately.


40 posted on 05/07/2012 6:10:18 PM PDT by panaxanax (Voting 'Third Party' will ensure a Communist-Marxist-Socialist dominated Supreme Court!)
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To: GeronL

Too late, they already do that and at a far cheaper cost!


41 posted on 05/07/2012 6:10:18 PM PDT by Randy Larsen (I hate Rinos and Romney is one of the worst Rinos ever!)
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To: null and void

I am sure they’ll get their 99 weeks of unemployment and a bit, maybe 2 bits, from the union. They will be learning the wonders of food stamps too.


42 posted on 05/07/2012 6:10:44 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: kearnyirish2

I do like the Lays with half the salt though.


43 posted on 05/07/2012 6:12:50 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: GeronL

My wife told me the diet soda is what gives me a gut (I’m not fat anywhere else, and am past my bad diet days). The problem is that I need the caffeine, and would fall asleep at 5:30 pm without it.


44 posted on 05/07/2012 6:15:36 PM PDT by kearnyirish2
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To: MamaDearest
“Our goal is to emerge from bankruptcy as a growing company with a strong future—one that continues to provide good jobs with competitive wages and benefits...

...in Mexico.

45 posted on 05/07/2012 6:17:30 PM PDT by Drew68 (I WILL vote to defeat Barack Hussein Obama!)
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To: GeronL

If you mean the “lightly salted” you’re right; you taste the potato instead of the salt. I prefer them to any other type (unless I have a sour cream & onion craving - happens about once per 3 months). For a short time we had some kind of thicker potato chips around about a year ago; they were good, but disappeared pretty quickly - maybe they weren’t selling well.


46 posted on 05/07/2012 6:18:14 PM PDT by kearnyirish2
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To: null and void

DING DONG the witch is dead.....


47 posted on 05/07/2012 6:19:33 PM PDT by OSHA (One despises and wants to destroy the United States, the other is a dead terrorist.)
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To: Maudeen
Does anyone out there have a good copycat recipe for the Hostess Ding Dongs?

I don't think you could find the ingredients for a Ding Dong in a grocery store.

48 posted on 05/07/2012 6:20:07 PM PDT by Drew68 (I WILL vote to defeat Barack Hussein Obama!)
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To: Delta 21

49 posted on 05/07/2012 6:21:34 PM PDT by Neidermeyer
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To: kearnyirish2

That is a good point, why is it all going to the gut? My gut pushes my pants down and my butt isn’t big enough to keep it up! We’ve been deformed by corn syrup!


50 posted on 05/07/2012 6:21:41 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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