No more Twinkies - Hostess out of business

[joeydb]

Tell the kiddies they can thank the unions for this one.

I'm sure the First Lady is happy - another evil dessert maker is gone, along with 18,500 jobs.

[witchdoctor]

I go on a diet and Hostess goes bankruptcy. Coincidence, I think not.

[Indian Charlie]

Clearly this is a twisted method of firing their workers.

Not that I care one way or the other.

[GBBob]

Originally Posted by joeydb

Tell the kiddies they can thank the unions for this one.

I'm sure the First Lady is happy - another evil dessert maker is gone, along with 18,500 jobs.

Over/under on the re-introduction of the "New Twinkie"...3 mos..it won't sell and they will then bring back the Twinkie Classic..just like Coke did

[Danzig]

there's no way hostess will be out of business. i'm sure this is just a ploy. or maybe it'll end up sold. regardless, that brand will continue to exist.

[joeydb]

Originally Posted by Danzig

there's no way hostess will be out of business. i'm sure this is just a ploy. or maybe it'll end up sold. regardless, that brand will continue to exist.

Absolutely. The brand will exist as it is still worth something and will be sold - through liquidation. One of the competitors like Tastykake will buy it.

But this is an opportunity for the top brass to cash out, leave this union wrangling behind. The buyer of the brand(s) will be able to set up shop in a right-to-work state and escape unions entirely, modernize equipment instead of the 82 year old baking stuff that might still power Hostess' operations.

Hostess is indeed going out of business. The CEO said "It's over" this morning. There was no further pleading for workers to come back. The parasites have killed the host.

[Danzig]

hostess has been having issues for years. there's no way it's just the unions fault in this. i think they've restructured a couple times just in the last few years.
the strike might be the last straw, but it's certainly not the only straw.

[jms62]

Originally Posted by Danzig

hostess has been having issues for years. there's no way it's just the unions fault in this. i think they've restructured a couple times just in the last few years.
the strike might be the last straw, but it's certainly not the only straw.

You know Joey... If it were up to him there would be no Unions, Minimum Wage or Regulations of any kind.