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Union wins again

Well done union worker you WON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

http://www.myfoxdfw.com/story/20115859/hostess-going-out-of-business-nearly-18000-to-be-laid-off

IRVING, Texas - Say goodbye to your Twinkies.


North Texas-based Hostess Brands, Inc. has decided to go out of business and liquidate its assets after failing to win back striking workers.

"We deeply regret the necessity of today's decision, but we do not have the financial resources to weather an extended nationwide strike," said Gregory F. Rayburn, chief executive officer. "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."

About one-third of the company's workers are union members who are unhappy about the company's cutbacks during its bankruptcy reorganization.

But problems with several unions -- including the Bakery, Confectionery, and Tobacco workers and the Grain Millers International Union -- have prevented the company from moving forward.
Hostess said it will seek bankruptcy court permission to sell all of its assets. The company said bakery production has already shut down.

Hostess owns 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes and 570 bakery outlet stores throughout the United States. Delivery will continue for now, and the Hostess Brands retail stores will remain open for "several days," the company said.


"For employees whose jobs will be eliminated, additional information can be found at www.hostessbrands.info. The website also contains information for customers and vendors. Most employees who lose their jobs should be eligible for government-provided unemployment benefits," a news release from the company states.

Some Hostess products include Twinkies, Ding Dongs, Ho-Hos, Fruit Pies and Wonder Bread. The brand also ownd Drakes, Dolly Madison, Nature's Pride and Merita.

51 Responses
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649848 tn?1534633700
If is it, they'll be stale, as Hostess stopped baking operations and have only been running deliveries to use up stock on hand.  I don't think the donuts last as long as the Twinkies do........
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Avatar universal
(Hope it isn't Hostess donuts.....)  
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1310633 tn?1430224091
I'm done with this boring conversation and even MORE boring banter.

Have a good Thanksgiving all.

Peace out.

~ELMO~
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1310633 tn?1430224091
If I recall, I said that Obama was going to win FOUR MONTHS AGO (it may even have been longer ago than that).

I don't recall making predictions or giving "analysis" on much of anything, except for how pi$$ poor a job Obama had done during his first 4 years in office.

If THAT'S the analysis you're referring to, then I'd say I was SPOT ON. Unemployment-rate: FAIL. National-debt: FAIL. Deficit-spending: FAIL. Obamacare/ACA: FAIL. Divided-nation: PASS!!!

Yes... a box of donuts. Because that's probably all I'll be able to afford after the Democrats in DC fleece me for every penny I try and earn.
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Avatar universal
A box of donuts? Wow!

Well, after seeing your analysis of the 2012 election I am inclined to have no confidence whatsoever in your opinion. You were so dead wrong about practically every aspect of the political landscape that I see no reason to expect anything but continued ineptness in foreseeing future events and circumstances.
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1310633 tn?1430224091
eat crow
1. . Fig. to display total humility, especially when shown to be wrong. Well, it looks like I was wrong, and I'm going to have to eat crow. I'll be eating crow if I'm not shown to be right.
2. Fig. to be shamed; to admit that one was wrong. When it became clear that they had arrested the wrong person, the police had to eat crow. Mary talked to Joe as if he was an uneducated idiot, till she found out he was a college professor. That made her eat crow.
***

I guess Obama and all his loyal sheep (I mean, "subjects") will be doing a lot of this once 2016 rolls around, and our nation is STILL in the same sorry state it's currently in...

I'll bet you a box of donuts that unemployment hasn't fallen below 7% by 2016. Any takers? Please don't mistake this as me betting against America, or hoping that the unemployment-rate doesn't go down, or wishing bad tidings on anyone... I'm just betting on the whether or not the Obama administration is going to be successful or not (I'm leaning towards NOT).
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Avatar universal
Just don't mess with my crows...

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Avatar universal
Just kidding about the wealthy part....but it did sound good.
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Avatar universal
And I'm wealthy too.
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Avatar universal
I hunt... I'll be just fine....
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Avatar universal
Not for me - I have a farm. Teeheeheehee
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Avatar universal
LOL....  Crow is likely to be the only food source available.
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Avatar universal
Hey, all you republicans -

I'm going to allow you to stop your diet of CROW this Thanksgiving and eat a little turkey instead.
After you've finished eating up all of your leftovers go right back to eating CROW.
After all, you really did earn it.

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1310633 tn?1430224091
It's 99 WEEKS at present (differs by state, but in "general", they're all about the same), but give Obamanomics enough time, and it'll get extended to 99 MONTHS.

This is an Obamanation, didn't you guys know? Free stuff for everyone that doesn't work and has given up looking for a job!!!

All aboard the Obama express to fiscal responsibility and economic growth!!!

Obamacare
Obamanation
Obamanomics
Obamunemployment
Obankruptcy

Oboy...

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Avatar universal
I never know about you. I have no idea what you know. I'm sorry if I offended you but I actually thought you did consider that 99 months+ might be real.
Maybe it was watching you weigh in on the election that inclined me to believe you took that 99 month nonsense seriously.


BTW, I posted a link to a map for you.
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480448 tn?1426948538
Thanks for "informing" mike.  I don't know how I ever get through a day being as DUMB as I am.  OBVIOUSLY, I assumed he was joking, hence my post:
Is unemployment seriously that long???  I knew it had been extended, but I hope you're joking about the 99 months.  Woah. .

I don't know what the issue is with you lately, but you're being completely rude and disrespectful, and I do not appreciate it at all.
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Avatar universal
LOL, I think he meant 99 weeks. Actually what you can draw is based on each individual state is it not? I think they are all different. You would have to look it up for your state.
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Avatar universal
Are you kidding me? You actually entertain the idea that unemployment benefits can have a 99 month+ duration?
Yikes! You're frighteningly uninformed!

In PA you can get up to 63 WEEKS.

See map at;  http://www.cbpp.org/files/PolicyBasics_UI_Weeks.pdf

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480448 tn?1426948538
Is unemployment seriously that long???  I knew it had been extended, but I hope you're joking about the 99 months.  Woah.
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Avatar universal
Crybaby
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1310633 tn?1430224091
And the 18,500+ people that are out of a job, will not only have free healthcare in the form of "Obamacare", but they'll have indefinite unemployment benefits in the form of "Obamaunemployment".

Used to be 12 months of unemployment $, then it was 18 months, then it was 24 months, and now it 99 months+.

Way to go Obama!!!

All aboard the Obama Express!!!! (to financial hell)
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Avatar universal
I totally understand how it must feel to compromise and "work for less".  But at that point, you're still employed and can begin to look for other work.  By putting your foot down and saying "Nope!  Not going to do it!", and then walking off the job.... you get what you've got here.  18,500 unemployed.

Money and benefits are finite.... without profitability, one cannot keep "picking from the money tree".

So absolutely, both Hostess and the union are to blame here.  A business has to have a level of sustainability to be able to furnish top wages and a big benefits package.  To me, it would seem that the business would want to run as lean as possible in order to gain profit.  With that being done, raises and benefits become more of a likelyhood.  

But.... who needs benefits and money when you've got Obamacare.  At least medically you'll be taken care of....
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480448 tn?1426948538
Hostess should get bail out.  ;0)

Who cares about banks and cars....this is HOSTESS people! It's AMERICA!  ;0)
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480448 tn?1426948538
They won't.... the money is not there and it won't show up over night.  This union and its reps just helped cost 18,500 jobs, but they wont tell you that." .

Absolutely.

I mean, there is nothing to negotiate...you either accept the terms, keep your jobs and hope to see the company rebound, and grow with it, or put your foot down ( as they seem to be doing) and lose all of those jobs.

I don't fault them for being upset at the conditions, it stinks...but it's a sink or swim kind of situation.  They don't seem to get it...they're going under, unless some compromises can be made.  Hostess is a big company that has been around for a long time...and the union is largely responsible for its demise.  Not completely...but at LEAST 50%.  They should have listened all these years when the company told them they were going into the pot.

I don't see how holding your bottom line and losing all those jobs is the more attractive way to go?  Unreal.
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