RIP Hostess & 19,000 Jobs - Obamanomics Kills Another
Gregory Rayburn , Hostess CEO and maker of such loved snack foods as Twinkies and Ding Dongs, warned increasingly aggressive labor union leaders that their tactics could result in the company having to shut down. It appears Big Labor did not believe him. They should have. As of today, Rayburn announced his intention to begin liquidating the multi-billion dollar company – a process that will result in the loss of nearly 19,000 jobs.
HOSTESS MOVES TO LIQUIDATE AFTER
CRIPPLING STRIKE
Hostess Brands Inc. says it’s going out of business after striking workers across the country crippled its ability to make its Twinkies, Ding Dongs and other snacks.
The company had warned employees that it would file a motion with U.S. Bankruptcy Court Friday seeking permission to shutter its operations and sell its brands if plants hadn’t resumed normal operations by a Thursday evening deadline. The deadline passed without a deal.
continue at The Ulsterman Report:
http://theulstermanreport.com/2012/11/16/obamanomics-kills-another-rip-hostess-and-19000-jobs/
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Whistler Blowers, Insiders
It was a combination of the government and greedy union together killing a snack icon.
They did not adapt to change. No this is not a political comment, as a crappy product cannot survive a developing informed populace.
Shame on them for pimping crappy products void of substance needed by a developing informed populace. They stink!
I know I could make them crap loads of profit, but their greedy infrastructure with bloated corporate salaries blinds them. The glass is half-full as the tainted doughy nuggets will fade into history.
Oh, the workers desperate to earn dollars regardless of the products they sell, still have a HUGE opportunity to benefit. Moreover, the strategy to benefit is not a vain one.
The employees can make large dough, lol, and survive. It’s up to them to know how. I already do.
https://www.youtube.com/watch?v=_n8TuSVmOrw
hostess did not close down…you sillys.
It will open a new plant in china, that are following the same path as GM…just wait and see.
Its been the plan all along.
Good riddance to hohos and twinkles that poisoned millions. So long junk food purveyors
You beat me to the punch. Twinkies are teeth-killers. Although I hate to see folks lose their jobs.
The best spoof I ever saw about Twinkies was in the movie “Zombie-land,” starring Woody Harrelson, who played a zombie-hunter with an obsession for Twinkies. He finally finds an abandoned Hostess truck filled with Twinkies. But to his great disappointment, they are all ruined, which was a blessing in disguise.
https://www.youtube.com/watch?v=MeS6DvyLScE
Workers in the US need to internalize the fact that they have no ability to collectively bargain anymore; economic policies have been re-stacked in favor of big business monopolies again (seems to repeat itself the world over every 80 years or so), and until their ‘personhood’ is challenged and their managers’ abilities to hid behind Incorporation is severely curtailed, workers will just have to be satisfied with competing in an impoverished world labor market in a race to the bottom of the economic ladder.
This all has to do with the bakers union so if you want to blame anyone blame them……IDIOTS,these unions are.
The above comments besides the first – misses the whole point of this article. It doesn’t matter if the company makes “Ding-Dongs,” or “Spaceships!” It is not the product but the union thugs and their desire for more and more. They feel that since Obama won the election that the unions have power to get what they want. It simply does not work in a Free Market. With all the government regs coming down for not only large companies but especially the small entities, the businesses are having a hard time making a profit. And profit is not a bad word. I am a bookkeeper and know some about the difficulties the small businesses are having. Many of our clients are considering closing their doors. Once business declines our jobs and the country’s GNP will steadly go down hill. Our standard of living will suffer. And now the increase taxes are staring us in the eyes. Go Figure!!
and now we add another 19000 Obama voters to the soup line, where they will receive unemployment bennies for a long time.
Schitthead
and now we add another 19000 Obama voters to the soup line, where they will receive unemployment bennies for a long time.
Not so long…. the country is broke and at some point.. the producers (us being taxed to death will say NO MORE!
The real story is hostess didn’t do enough affirmative action hiring to please super-racist obozo.