Then the unemployed union bakers can shop here...
(when another baking co buys the brands)
Posted on 11/15/2012 4:35:49 PM PST by Navy Patriot
Hostess Brands Inc. said it likely won't make an announcement until Friday morning on whether it will move to liquidate its business, after the company had set a Thursday deadline for striking employees to return to work.
The maker of Twinkies, Ding Dongs and Wonder Bread had warned employees that would file a motion in U.S. Bankruptcy Court to unwind its business and sell off assets if plant operations didn't return to normal levels by 5 p.m. EST Thursday. That would result in the loss of about 18,000 jobs.
Snip
The Teamsters meanwhile are urging the smaller union to hold a secret ballot on whether to continue striking. Citing its financial experts who had access to the company's books, the Teamsters say that Hostess' warning of liquidation is "not an empty threat or a negotiating tactic" but a certain outcome if workers continue striking.
(Excerpt) Read more at sfgate.com ...
I believe you, and note that one of the signs of loss of viability is public price resistance.
Price yourself out of the market and you're finished if ya can't lower prices.
BAWWWW.W.W.W!!!!! Sniff . . Snivel . . .
TWINKIES are NOT overpriced! - WONDER BREAD? Now that’s a different story. - Sincerely, Twinkie
Hostess brands will live on, someone will buy 'em and make 'em again.
The union workers will run out their unemployment and starve.
Aaaaaannnnnnd another clique of union thugs negotiates themselves out of their own and their members’ jobs. Keep it up.
Well... there is that..
GM.. bahh. There are other replacements.
No one has been able to copy the mix of chemicals that makes up a Twinkie.
To safely comply with labor law, liquidation is exactly what you proposed, so they heard ya.
Then the unemployed union bakers can shop here...
(when another baking co buys the brands)
Let them eat Little Debbies.
In this case it's not a matter of stones, but economic natural law, sadly.
Seems the GOP is incapable of putting up much resistance.
True, that.
If they have proposed to develop solar, carbon-neutral Twinkies, they probably could have snagged a billion or two from the Obama administration. Unless Michelle got wind of it.
Come to think of it, this result may be Michelle’s doing.
The strikers want it to shut down, they think new owners will preserve their pay nd benefits.
Seriously.
See ya punk bakers.
Maybe Hostess will sell its name to a foreign corporation.
We’ll eat German Twinkies.
Bring Twinkie the Kid to Texas - he already has the hat, boots and lasso.
He's already a popular deep-fried entree at the state fair, too. It'd be a natural. Perry should send someone to Hostess with an attractive tax incentive package and seal the deal. Do it big and bold, too - have 'em arrive there in a '70s Caddy with longhorns on the hood.
There was a large machining company where I live that was struggling and having financial difficulties. Management asked the employees to take a 10% pay cut and a reduction in some benefits for it to continue operations. The union told management to go stuff it.
The company promptly shut its doors for good. 60 dumbasses out of a job. Of course, the union heads are still employed.
"Is... is it a motor?"
"No. It's a Twinkie maker!"
Maybe Mrs. Freshley's will buy them out. They acquired Little Debbie a while back, if I'm not mistaken.
Isn’t it sad that you need weapons to defend yourself from the government. And you’ll need guns to protect yourself from your co-workers if you don’t join the union.
I know bad things have happened before - but it seems like these things are happening too frequently. Everytime you hear the news - it's another disaster.
Maybe we lost our way as a country & these things are pay back for the way we are living now. I feel like there is a dark cloud hanging over us.
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