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Thread: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by LaMidRighter View Post
    Not to get off topic but New Coke actually was a management and labor shared **** up. A batch was off and management decided to rebrand it as "New Coke" rather than waste product and when consumers hated it the company saved face by reissuing "Coke Classic". It was actually a good and bad move in the same decision.
    At the time 'New" Coke came out Pepsi was drawing up even. The New Coke versus Classic Coke controversy was a well designed, and brilliant, piece of publicity and Pepsi never recovered.

    I'd be very surprised if the same thing was at work here.

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Hostess web site
    ;

    The offer to the BCTGM included wage, benefit and work rule concessions but also gave Hostess Brands’ 12 unions a 25 percent ownership stake in the company, representation on its Board of Directors and $100 million in reorganized Hostess Brands’ debt.
    1. what 12 unions?

    2. 25% spread amongst 12 unions of a bankrupt company? Not a good deal for labor.

    Hostess Brands is Closed

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Grant View Post
    At the time 'New" Coke came out Pepsi was drawing up even. The New Coke versus Classic Coke controversy was a well designed, and brilliant, piece of publicity and Pepsi never recovered.

    I'd be very surprised if the same thing was at work here.
    Yeah, "New Coke" was the among the most brilliant mistakes in corporate history. Hostess on the other hand will probably come back outsourced, if at all.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by LaMidRighter View Post
    Yeah, "New Coke" was the among the most brilliant mistakes in corporate history. Hostess on the other hand will probably come back outsourced, if at all.
    Naw, there are companies in the US that do nothing but buy name brands then continue selling their products.

    Besides, you usually cant outsource whole food products.

    What will happen is one of these venture capitalists who do nothing but buy brands will buy the "Hostess" brand name and will continue to make the cakes, bread etc.... In short Hostess will be selling their business.

    The buyers of the brand will probably (I assume) use temp labor (temp agencies) to make their products...

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Mr.Nick View Post
    Naw, there are companies in the US that do nothing but buy name brands then continue selling their products.

    Besides, you usually cant outsource whole food products.

    What will happen is one of these venture capitalists who do nothing but buy brands will buy the "Hostess" brand name and will continue to make the cakes, bread etc.... In short Hostess will be selling their business.

    The buyers of the brand will probably (I assume) use temp labor (temp agencies) to make their products...
    Either temp labor, or they will relocate to a right to work state that would be more than happy to have the jobs lost by the union workers. The old contract is dead, so there is nothing holding the Hostess name responsible for anything.......I suspect they can freeze the pension contributions as well, the union ****ed themselves.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by Mr.Nick View Post
    Naw, there are companies in the US that do nothing but buy name brands then continue selling their products.

    Besides, you usually cant outsource whole food products.

    What will happen is one of these venture capitalists who do nothing but buy brands will buy the "Hostess" brand name and will continue to make the cakes, bread etc.... In short Hostess will be selling their business.

    The buyers of the brand will probably (I assume) use temp labor (temp agencies) to make their products...
    talks fell through today-bankruptcy court will conduct a hearing tomorrow-liquidiation is imminent but the brand name and item names probably will be sold (ie Twinkies, HO HOs etc)

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by LaMidRighter View Post
    Either temp labor, or they will relocate to a right to work state that would be more than happy to have the jobs lost by the union workers. The old contract is dead, so there is nothing holding the Hostess name responsible for anything.......I suspect they can freeze the pension contributions as well, the union ****ed themselves.
    Yeah the labor unions screwed themselves out of 18,500 jobs.... "Hostess" is a trademark name, the brand isn't going anywhere it will certainly be sold given the demand for the product.

    Those who acquire the brand name certainly won't be employing labor unions to bake and ship their products.

    I wish every state was a "right to work" state but when you're in a state that isn't you can get around the union BS by employing temp labor...

    The bad thing about temp labor is that these temp jobs go to illegals, however that is a totally different thread within itself.

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by LaMidRighter View Post
    Either temp labor, or they will relocate to a right to work state that would be more than happy to have the jobs lost by the union workers. The old contract is dead, so there is nothing holding the Hostess name responsible for anything.......I suspect they can freeze the pension contributions as well, the union ****ed themselves.
    They are already based out of Irving Texas. For some reason they don't have any bakeries here though.

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by winston53660 View Post
    They are already based out of Irving Texas. For some reason they don't have any bakeries here though.
    That's one I don't get, Texas is a right to work state iirc. The only thing I can figure is that they wanted to shorten distribution routes and traded that off against labor costs. However liquidation and the desired union contract could change that for any company that buys the brand.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

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    Re: Hostess threatens to lay off 18,000 employees unless strike ends[W:521]

    Quote Originally Posted by TurtleDude View Post
    talks fell through today-bankruptcy court will conduct a hearing tomorrow-liquidiation is imminent but the brand name and item names probably will be sold (ie Twinkies, HO HOs etc)
    All the cakes and bread will go as a lot to the highest bidder under the name "Hostess."

    In short they'll just be selling "Hostess" and the product will just be baked in different plants.

    You would figure it would make more sense to sell of the company as a whole? but that isn't the way it works. I wouldn't be shocked to see their plant assets end up in the new owners bakeries.

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