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PostPosted: Fri Nov 16, 2012 8:41 am
 


Title: Twinkie maker Hostess asks to liquidate
Category: Business
Posted By: Brenda
Date: 2012-11-16 06:58:38


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PostPosted: Fri Nov 16, 2012 8:41 am
 


Quote:
They gave us a take-it-or-leave-it deal. We can't take the financial abuse."



hmm, no more abuse for you then.
No more job either, but tha's not important.


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PostPosted: Fri Nov 16, 2012 9:49 am
 


Great, now only cockroaches will survive WW3! :lol:


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PostPosted: Fri Nov 16, 2012 9:50 am
 


Betcha they relocate to Washington. All the legal potheads would work for minimum wage there and be damned happy about it!


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PostPosted: Fri Nov 16, 2012 11:01 am
 


Title: Hostess Brands Liquidation: Illinois Workers Face Layoffs, Twinkies Head For Extinction
Category: Business
Posted By: martin14
Date: 2012-11-16 07:34:41
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PostPosted: Fri Nov 16, 2012 11:01 am
 


In addition to my Black Market weed killer runs to Ontario, I'm thinking of adding a Twinkie run across the border.

Twinkies, Ho-ho's and things will still be made in Canada, under the Saputo group.


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PostPosted: Fri Nov 16, 2012 2:49 pm
 


There is a god!

Long live Ding Dongs!


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PostPosted: Fri Nov 16, 2012 4:39 pm
 


martin14 wrote:
hmm, no more abuse for you then.
No more job either, but tha's not important.

"The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union said the company stopped contributing to workers' pensions last year, and the union wants pension benefits restored."

Yeah we just aren't going to pay you how we said we would.

"Wedrick Hollingsworth, business agent for Local 372-B of the bakers union, said union members took wage and benefit concessions four years ago and are unwilling to accept further wage cuts and reductions in health and pension benefits sought by the company."

And please let us pay you even less in the future!
~
It's the basic story of a company unable to compeat who sees the only way they can do better is to try and force pay cuts onto employees.

"Sales are down, we need to pay our workers less! Why don't people buy our products? It's almost like workers don't get paid enough to buy luxuries, cut worker pay more we need to reduce our costs, oh and because I came up with this genius plan I could use a 300% raise in my salary. What!? You think that's unreasonable? Well I didn't see you come up with the pay everyone less and wonder why no one buys our stuff business plan now did I?"


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PostPosted: Fri Nov 16, 2012 5:03 pm
 


As much as I would like to blame the union for this the blame for this lays wholly at Hostess's feet. Hostess has been through a litany of sales and mergers over the last 20 years, each deal being successively worse than the one before it. Add to that the fact that their products, while one of my favorites were becoming quite dated *(a stagnant business is a dead business) and weren’t keeping up with the times.

As for the union? The workers made concessions 4 years ago yet the management still found enough room to give themselves healthy pay raises and bonuses in the same time period. So sorry, the demise of my beloved Twinkie falls squarely at the feet of it Hostess’s management.


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PostPosted: Fri Nov 16, 2012 7:05 pm
 


Image


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PostPosted: Fri Nov 16, 2012 7:07 pm
 


kitty wrote:
Image


You owe me a keyboard.....

I just spit iced tea all over it...

:D


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PostPosted: Fri Nov 16, 2012 7:10 pm
 


DrCaleb wrote:
In addition to my Black Market weed killer runs to Ontario, I'm thinking of adding a Twinkie run across the border.

Twinkies, Ho-ho's and things will still be made in Canada, under the Saputo group.


You are correct!

I'm a former employee of Saputo, quit because of the company and union BS.


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PostPosted: Fri Nov 16, 2012 7:11 pm
 


HaRdLy wrote:
You owe me a keyboard.....

I just spit iced tea all over it...

:D


:lol:

Put it on my tab, i think i still have Regina's credit card


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PostPosted: Fri Nov 16, 2012 7:12 pm
 


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PostPosted: Fri Nov 16, 2012 7:15 pm
 


Hostess also apparently gave all the executives massive pay raises recently too, which mean their "destroyed by union greed" propaganda is just more of the usual 1% elitist bullshit routine.

Take THAT, floor workers probably making all of $15 an hour! That'll teach you to get in the way of someone's stock options! Class warfare is a very real phenomenon. Most people just don't recognize that most of the time the war is being raged from the top-down.


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