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Thread: Twinkies maker Hostess going out of business

  1. #21
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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by Paschendale View Post
    And for some people, that can mean the difference between making your rent or not. Or being able to afford an expensive medical procedure for your child. The difference in pay looks pretty small when you describe it as the difference between the numbers 18 and 20. But it can mean a whole lot more than that to those bakers.

    Frankly, I think we'll be better off without Twinkies.

    Hostess Brands Information - Home
    In addition to dozens of baking and distribution facilities around the country, Hostess Brands will sell its popular brands, including Hostess®, Drakes® and Dolly Madison®, which make iconic cake products such as Twinkies®, CupCakes, Ding Dongs®, Ho Ho’s®, Sno Balls® and Donettes®. Bread brands to be sold include Wonder®, Nature’s Pride ®, Merita®, Home Pride®, Butternut®, and Beefsteak®, among others.
    Not just Twinkies are gone.....

  2. #22
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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by rathi View Post
    The competitors of Hostess also have employees that are part of the bakers union and yet they are still afloat. Its clear the management at hostess is incompetent, especially since they already went bankrupt back in 2004. Other companies will increase their production of dingdongs and Hoe Hoes to meet the demand for unhealthy snacks and will hire new employees. This is what we call Capitalism.

    In the market economy, a corporation that can't afford to pay the same wages as the competition deserves to die. Calling the workers greedy is simply the pathetic excuse of a sociopath unable to accept responsibility.
    Which competitors payed MORE than Hostess? I'd like to know because Bimbo which is a Mexican based company out here sure dont. Now the workers are unemployed which is a FAR superior position. I wonder if the competitors are going to hire them? For the same wage no less. A surpluss of qualified employees. Hmmm. Buyers market anyone. I bet the potential employers can name their own price, just like on priceline.com. Lowest bid wins.
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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by Dwight View Post
    They need to man up! That isn’t the other guy’s problem!

    My guess is for the current wage? There are breaking points, people have their price. *shrug*
    How exactly they to do that? Crap money? It was the other guyes problem. Now the other guy has BIGGER problems, like getting a new job with 18,000 other people competing with them. Funny how that works.
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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by jamesrage View Post
    An example of union greed going to far.


    Twinkies maker Hostess going out of business- MSN Money
    Hostess Brands, the bankrupt maker of Twinkies and Wonder Bread, said it has sought court permission to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers.

    Hostess said a national strike by members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union that began last week had crippled its ability to produce and deliver products at several facilities.

    The liquidation of the company will mean that most of its 18,500 employees will lose their jobs, Hostess said on Friday.

    The 82-year-old company said it took the decision to shut down after determining that not enough employees had returned to work by a deadline on Thursday.

    The company, which filed for bankruptcy in January for the second time since 2004, said it had filed a motion with U.S. Bankruptcy Judge Robert Drain in White Plains, New York, for permission to shut down and sell assets.

    The Irving, Texas, company has 565 distribution centers and 570 bakery outlet stores, as well as the 33 bakeries. Its brands include Wonder, Nature's Pride, Dolly Madison, Drake's, Butternut, Home Pride and Merita, but it is probably best known for Twinkies -- basically a cream-filled sponge cake.

    "We deeply regret the necessity of today's decision, but we do not have the financial resources to weather an extended nationwide strike," Chief Executive Gregory Rayburn said in a statement.

    "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," Rayburn added.
    Breaking News:

    Company that makes **** products goes out of business.
    Quote Originally Posted by TurtleDude View Post
    uh that is so small as to be stupid. Do you want registration? given less than 3% of criminals get their guns from private sales, its pretty much a waste of resources
    **Thirty Minutes Later**
    Quote Originally Posted by TurtleDude View Post
    you are confused. I never denied that many criminals get guns in private sales.

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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by roughdraft274 View Post
    Breaking News:

    Company that makes **** products goes out of business.
    I liked Twinkies, and love Ding Dongs. Good thing they are designed to survive nuclear war. I am going out and stocking up. Soon they will be selling ding dongs on Ebay for ten bucks or more a pop. I intend to get in on the ground floor for that action.
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    Stolen fair and square from the Capt. Courtesey himself.

  6. #26
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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by Dwight View Post
    There is no maybe because nobody ever has their own motivations or agenda, or just their own POV for that matter, left unsaid behind a public statement they release?

    Are you for real?

    Exactly. Same for the bakers, they are not personally obligated to keep Hostess afloat. Yes, even if the Teamsters want them to. They may have self-interest in doing so but they do get to decide on the existence and parameters of that self-interest.
    And they chose suicide. Fine for them, I guess, if that's their choice; they can live with it. The only problem is the other 3/4 of the company which also lost their jobs because of that choice.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by Harshaw View Post
    Are you for real?
    I could ask you the same if you think every press release includes a full and accurate listing of the authors’ goals and opinions, or that they aren’t conceived and written from the authors general view point.
    And they chose suicide.
    As a small business owner/operator I have chosen ’suicide’ before when someone squeezed too hard. It can be stressful, no doubt, but it worked out. Hostess was in Chapter 11, and was in the process of being sold. There was every reason to suspect that this wasn’t going to be the last demand to come down the pike, that sizable layoffs weren’t around the corner anyway if some cutthroat VC picked up the company.

    Very similar in my case on at least one occasion. Their business had some serious structural problems. In fact it wasn’t the first time they’d squeezed. I had every expectation they were going to be coming back to me again, asking for retroactive price drop. I decided my time was worth more than that, even if I didn’t have replacement work lined up at that point.

    Best to not take it too personally. On either side. Sometimes business’ feasibility just sort of evaporates, too. Maybe somebody should have seen it coming and adapted, if that was realistically possible. *shrug* But **** happens.

    I have also as an employee walked off a job site because I was being told to do positively stupid, self-endangering stuff for truly crap pay. Did not have a job to go to. No job can indeed be better than crap job.

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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by PirateMk1 View Post
    I liked Twinkies, and love Ding Dongs.
    Brain food, apparently!

  9. #29
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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by Dwight View Post
    I could ask you the same if you think every press release includes a full and accurate listing of the authors’ goals and opinions, or that they aren’t conceived and written from the authors general view point.

    As a small business owner/operator I have chosen ’suicide’ before when someone squeezed too hard. It can be stressful, no doubt, but it worked out. Hostess was in Chapter 11, and was in the process of being sold. There was every reason to suspect that this wasn’t going to be the last demand to come down the pike, that sizable layoffs weren’t around the corner anyway if some cutthroat VC picked up the company.

    Very similar in my case on at least one occasion. Their business had some serious structural problems. In fact it wasn’t the first time they’d squeezed. I had every expectation they were going to be coming back to me again, asking for retroactive price drop. I decided my time was worth more than that, even if I didn’t have replacement work lined up at that point.

    Best to not take it too personally. On either side. Sometimes business’ feasibility just sort of evaporates, too. Maybe somebody should have seen it coming and adapted, if that was realistically possible. *shrug* But **** happens.

    I have also as an employee walked off a job site because I was being told to do positively stupid, self-endangering stuff for truly crap pay. Did not have a job to go to. No job can indeed be better than crap job.
    What does this prattle have to do with anything I said (especially the part about taking things "personally")?

    This is why I ask if you're for real.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: Twinkies maker Hostess going out of business

    Quote Originally Posted by Harshaw View Post
    What does this prattle have to do with anything I said (especially the part about taking things "personally")?

    This is why I ask if you're for real.
    http://www.debatepolitics.com/breaki...post1061157462

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