Although liquidated twinkies sound delicious!
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 ...
The union knows Obama will save them like he did GM. I don’t expect the unions to back down.
bump
HAHAHAHAHAHAHA
Good post, Tucker — thanks. I love hearing success stories like that!
The shelf life of Twinky is like 20 years so store the inventory, fire the union and open shop in one year.
my dad loved them even after his teeth were gone. The marshmallow-coconut parts anyways
Fire them all. There’s no law that says they have to negotiate with unions. Hire real unemployed people and train them.
Although liquidated twinkies sound delicious!
http://www.collectorsquest.com/blog/2006/12/20/the-cream-filling-comic-book-advertising-part-two/
Perhaps one of these concerns will successfully bid to adopt the Hostess line.
No.
STOP SENDING JOBS OVERSEAS.
For crying out loud.
Looked like obvious sarcasm to me. Who would ever eat anything from Belize?
“Our members are on strike because they have had enough,”
They will be relieved then, that after tomorrow, there will be no more.Way to go union
Off topic but the Marie Sharps (hot) sauce out of Belize is very good. I have nothing to do with the company and there is some green stuff out of Guatamala that might be better. Posted from Texas where we know about those things.
That’s Pop-n-Fresh in disguise. It’s Pilsbury that is behind this insanity
That’s what Marxist unions do...if they can’t have their way their willing to take the thing down in flames.
The Goodyear workers in the aptly named “Union City” TN plant did likewise
It is probably only the union leaders.
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