"I ate all my Twinkies and now we will crush Hostess and put them out of business... because Unions care about jobs!"
Posted on 11/14/2012 4:45:23 PM PST by tobyhill
Hostess Brands said Wednesday that it will go into liquidation unless bakers striking in protest against a new contract imposed in bankruptcy court return to work by the end of the day Thursday.
"We simply do not have the financial resources to survive an ongoing national strike," Hostess CEO Greg Rayburn said in a statement.
The liquidation would result in Hostess' nearly 18,000 workers losing their jobs. The bakers' union represents around 5,000.
The union did not immediately respond to a request for comment Wednesday, but has called the concessions demanded in the new contract "outrageous."
"Our members are on strike because they have had enough," bakers' union president Frank Hurt said in a statement Tuesday. "They are not willing to take draconian wage and benefit cuts on top of the significant concessions they made in 2004 and give up their pension so that the Wall Street vulture capitalists in control of this company can walk away with millions of dollars."
(Excerpt) Read more at money.cnn.com ...
You forget to mention that they should move it all to a business friendly none union state, say like, Texas.
Wow.
Haven’t had a Twinkie or CupCake in many years. Just ain’t in the cards.
So true, as a connoisseur of their products, I agree, I love ‘em, besides I protest the fascist, nutritionists through out this once great nation, I hope our nation can rise from the ashes like Hostess!
“Look for the union label.”
I think that there might be a market for union label toilet paper.I’d buy some...
I was trying to remember what those were called!! Been a heck of a lot of years since I chowed one of those things!
Long live unions who will destroy a business to prove their power. Do the members want this to happen or only the union leaders?
They're just not getting this "redistribution of wealth" stuff, are they?
I could never understand the union cries of, “we’ll shut this place down!” Good for you, now where will you work dumbass?
Click on the image and take it up with the author.
"I ate all my Twinkies and now we will crush Hostess and put them out of business... because Unions care about jobs!"
Maybe the union could buy the company’s dead carcass since they think they can run it better? /SAR
No more Ho-Ho’s from the union ho’s.
I don’t buy this crap now as it’s overpriced. How much would these union jackasses like to see a box of Twinkies go for $12?
Maybe Bain Capital will see the value and make a bid.
The Caterpillar workers in York, PA did exactly that; they demande and demanded until they killed the proverbial goose that laid the golden eggs. And the Harley Davidson workers in York came real close, also. Thankfully, cooler heads prevailed in the Harley situation.
does anyone here know what these draconian cuts are?
The Teamsters accepted contract, the bakers didn’t.
This strike is effecting 24 of 33 factories.
They are giving up their jobs because of an 8% cut followed by 4% raises over 4 years.
They are insane.
Tasty Kake, which is headquartered in Philadelphia, nearly went belly-up a few years back. That was not a union problem, but rather deficient management, as far as I can tell.
Anyhow, a baking company from one of the Carolinas took it over, introduced a few new products, and have the place humming along in great style. A happy ending for once!
Another great success story is Snyders of Hanover, PA and Lance Snack Foods from Charlotte, NC merged last year, and are really kickin’ butt in the snack world.
Eastern Airlines
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