Hostess goes under, ACIN is sad :(

[a completely inoffensive name]

http://www.hostessstrike.info/

So to sum up a long story, Hostess filed for Chapter 11 back in January. The company stopped paying into employees pension plans in the middle of this year and was requesting that the union workers take somewhere between 27-32% wage and benefit cut. The employees from what I have read have not had a pay raise in about a decade, so the union finally had enough and went on strike. The company collapsed quickly without enough people to bake the goods and now it is gone, all gone.

RIP:
Wonderbread
CupCakes
Twinkies
Mini Muffins
Donettes
Sno Balls
Apple Pies
Zingers


I'm angry. Not fake outraged like I am 90% of the time here, but I am seriously angry. CupCakes were good comfort food for me. Hopefully, they get sold off to someone else and are produced again. My local albertsons had a Hostess deal of 10 items for 10 dollars. I should have taken the offer :'(

[Strike For The South]

Haha don' worry cowpoke those brand names will be bought and twinkes will return to the shelves. They will probably never leave. The top brass has been trying to have a fire sale for going on a decade but no investor will touch them becuase of their relatively how employee costs

Fire union workers
Liquidate
convivially rise again
Hire non union workers.

All the while their CEOs make off like bandits

job creators <3

[drone]

Rumor has it that Bimbo is looking to take over the products. I believe they are a non-union company.

Tallahassee is not a happy man.

[Major Robert Dump]

They declared bankruptcy once in 2004. Anyone who stuck around after that knew damn well they were taking a risk, as the court ordered they recieve an 8% pay cut that time arouond. I mean FFS, it's a sinking ship, get off.

I could care one way or the other, but I have to admit I findit wildy amusing when a union calls a bluff and it turns out not to be a bluff.

Pensions are outdated. Unless you work for the government, who does not have to turn a profit, no sane person would actually go to work for a company and expect a "pension"

This is why I spend all my money on hookers and cheeseburgers. I was born poor I will die poor.

[TinCow]

Yeah, all their popular products will survive, they'll just be made by someone else.

Little Debbie is better though.

[Xiahou]

I could care one way or the other, but I have to admit I findit wildy amusing when a union calls a bluff and it turns out not to be a bluff.

Pensions are outdated. Unless you work for the government, who does not have to turn a profit, no sane person would actually go to work for a company and expect a "pension"

The union's lack of flexibility ran the company into the ground. There. I said it. In this day and age, you can't expect to work a ding dong assembly line and retire early with a pension for the rest of your days. It's low-skill, low pay work. No strike is going to change that- as they found out.

I'll be interested to see if the Obama administration tries to force unions onto any buyers of Hostess.

In honor of the Twinkie, I'd like to post this clip from one of the best Zombie movies ever made... Zombieland.

One day soon, life's little Twinkie gauge is gonna go empty.

[Strike For The South]

They weren't on an assembly line, they were the bakers.

It is a skill. Granted Wal-Mart is trying to change all that.

I am willing to listen to arguments that the old, industrial style unions are not the way we are going to solve problems in todays day and age, if only because the nature of jobs is changing.

But twinkies will be on the shelf, the CEOs will all get a nice bonus and 20,000 people will be out of a job because they had the audacity to ask for healthcare.

I would also like to point out that the company was leveraged and sucked dry by Ripplewood holdings in 2004. This laid the groundwork for what we see today. The company has been begging for someone to take their brands for years and no one wood because of the union issue so the leverage buy out happened and Ripplewood ran the company into the ground, so now they have to close. How "convenient" for them.

JOB CREATORS <3

[The Lurker Below]

http://www.hostessstrike.info/


RIP:
Wonderbread
CupCakes
Twinkies
Mini Muffins
Donettes
Sno Balls
Apple Pies
Zingers


(

glad Ho Ho's aren't on your discontinue list. without those i get no breakfast

[Papewaio]

All this outrage for over sugared high fat second grade wannabe pastry.

Get rid of these confectionaries and some of the more stupid unions.

Save your health and the economy.

[Major Robert Dump]

Hostess also makes Wonder Bread, though. I guess white bread is bad for you as well, but if that meant we couldn't have i,t then South Carolina would drop off the map.

This company has a history of issues and it is a little deeper than just union vs management.

However, I would point out that The Man has to get paid. We don't hear about CEOs taking pay cuts to save jobs because it rarely happens. If a bunch of venture capitalists dont get enough bang for their buck, they take their buck elsewhere, as you can only pass the cost on to the customer so much before lower sales mke your profits not worth the headache.

I didnt make this world, I just live in it. I don't understand why they just didn't just bargain. It was a lose lose situation, and I would rather lose with a job so I could at least get paid while I looked for another, than lose without a job.

[lars573]

You'll still be able to buy Wonderbread in Canada. The Marque is owned by a different company here. Still all this about Hostess going down the tubes gets me s thinking about how I've never actually seen a Twinkie in my entire life.

[rajpoot]

Aww......Twinkies were on my 'to-eat' list when I would've finally come to USA.

In honor of the Twinkie, I'd like to post this clip from one of the best Zombie movies ever made... Zombieland.

I love that movie.

[a completely inoffensive name]

glad Ho Ho's aren't on your discontinue list. without those i get no breakfast

I forgot to put Ho Ho's on the list.

[CrossLOPER]

The union's lack of flexibility ran the company into the ground. There. I said it. In this day and age, you can't expect to work a ding dong assembly line and retire early with a pension for the rest of your days. It's low-skill, low pay work. No strike is going to change that- as they found out.

Yeah! Those greedy bastards! How dare they not accepts pay and benefit cuts for years while their Holy Job Creators of Golden Terra give themselves up to 300% bonuses and raises and playing management hot potato with a company? Damn unions. Why can' those liberal entitled 47% scumbags just accept what the Job Creators, in their infinite wisdom, give them?

http://www.forbes.com/sites/helaineo...-and-twinkies/
http://www.kansascity.com/2012/11/16...r-hostess.html
http://www.dailykos.com/story/2012/1...ying-the-Price

Also, how is baking not a skill?

[Csargo]

https://petitions.whitehouse.gov/pet...ustry/cJz0ngJR

[Xiahou]

Also, how is baking not a skill?

They weren't on an assembly line, they were the bakers.

It is a skill. Granted Wal-Mart is trying to change all that.

Are you two serious? Do you know how a modern "bakery" works?

Workers dump ingredients into vats... and then the bread is never again touched by a human hand until you open the bag at your house. Here's a video to enlighten you. This is not highly skilled labor.

Spoiler Alert, click show to read: 

[a completely inoffensive name]

I thanked the above comment because it has "How it's made" in it.

[CrossLOPER]

Are you two serious? Do you know how a modern "bakery" works?

That's still more work than the managers put into their job.

"How do you make a living in this crazy world?"

First, you get rid of the idea of "earning" your right to exist and then you automate everything. Then, you can start forming the pleasure cults...

Also, you guys are fat drama queens:

http://www.littledebbie.com/products/cloudcakes.asp

[Greyblades]

First, you get rid of the idea of "earning" your right to exist and then you automate everything. Then, you can start forming the pleasure cults...

In the mean time: "how do you make a living in this crazy word!?"

[gaelic cowboy]

So this Twinkies crowd goes bust just before the Mayan Apocalypse and they were supposed to outlast judgement day right???

[CrossLOPER]

In the mean time: "how do you make a living in this crazy word!?"

Get an education that will allow you to get a job that cannot be done by a robot designed to perform basic sensor feedback induced motor functions.

[Greyblades]

Get an education that will allow you to get a job that cannot be done by a robot designed to perform basic sensor feedback induced motor functions.

Ok, and what do you do when you end up fighting not only half the country but half of the world including those willing to work for peanuts for those relatively rare and constantly diminishing jobs?

[a completely inoffensive name]

Get an education that will allow you to get a job that cannot be done by a robot designed to perform basic sensor feedback induced motor functions.

This will grow increasingly problematic as robots begin to dominate service jobs. Not everyone can become an engineer, financial wizard, scientist or tradesman.

[Fragony]

I like pony's

[gaelic cowboy]

This will grow increasingly problematic as robots begin to dominate service jobs. Not everyone can become an engineer, financial wizard, scientist or tradesman.

And once the engineers develop AI then the financial wizards, scientists, engineers and tradesmen will be gone too.

I'm with CrossLoper here starting or joining an orgiastic pleasure cult is the best way to future proof your potential earnings.

[CrossLOPER]

This will grow increasingly problematic as robots begin to dominate service jobs. Not everyone can become an engineer, financial wizard, scientist or tradesman.

This is why governments need to focus on educating their populace.

And once the engineers develop AI then the financial wizards, scientists, engineers and tradesmen will be gone too.
I'm with CrossLoper here starting or joining an orgiastic pleasure cult is the best way to future proof your potential earnings.

http://wh40k.lexicanum.com/wiki/Fall_of_the_Eldar

[gaelic cowboy]

Sure we could usher in a dark age of chaos but it's bound to take a while for that and certainly longer than your skills in programming might stay current.

[a completely inoffensive name]

This is why governments need to focus on educating their populace.

I agree, if only for the sake of me thinking that education is intrinsically good. But like I said, not everyone is cut out for jobs that require a large amount of education.

[gaelic cowboy]

I agree, if only for the sake of me thinking that education is intrinsically good. But like I said, not everyone is cut out for jobs that require a large amount of education.

Education becomes devalued very quickly if lots of people have it just like any other commodity.

[Vladimir]

More Twinkies, less politics!