Someone will buy the rights to these snacks, I'm almost sure of it.
How about this, why all don't these laid off Union employees each start their own business.
Risk all of what they have, borrow all they can on top of that, do not take a salary for a year or so getting it off the ground.
Work 60-70 hours a week getting things started up and usually much longer hours figuring how to make it work.
Hire some of the people who show up dressed nice with paper in their hand that convinces you they might be intelligent.
Hire them and they come to work in their torn jeans and lip rings to stand in front of your customers and make stupid comments in between the 50-90 texts a day that are more important than doing their job.
Then when they organize into a union they can tell you how much you will pay them and what benefits you will give them.
They will depict how much money you will not have to take home, pay back the money you borrowed, or expand your business and ultimately whether you will have to price your product out of the market or not.
After all, this is the reason you started your business wasn't it, so your employees could prosper. I hope these 18,000 people all do this this so we do not have to pay their unemployment for 36 weeks or more. They can all move into the "Rich Bostard" category also. Fat chance, most are too lazy.
Risk all of what they have, borrow all they can on top of that, do not take a salary for a year or so getting it off the ground.
Work 60-70 hours a week getting things started up and usually much longer hours figuring how to make it work.
Hire some of the people who show up dressed nice with paper in their hand that convinces you they might be intelligent.
Hire them and they come to work in their torn jeans and lip rings to stand in front of your customers and make stupid comments in between the 50-90 texts a day that are more important than doing their job.
Then when they organize into a union they can tell you how much you will pay them and what benefits you will give them.
They will depict how much money you will not have to take home, pay back the money you borrowed, or expand your business and ultimately whether you will have to price your product out of the market or not.
After all, this is the reason you started your business wasn't it, so your employees could prosper. I hope these 18,000 people all do this this so we do not have to pay their unemployment for 36 weeks or more. They can all move into the "Rich Bostard" category also. Fat chance, most are too lazy.
KENSINGTON, Md., Nov. 16, 2012 -- /PRNewswire-USNewswire/ -- The following statement was issued by BCTGM International Union President Frank Hurt in response to the announcement by Hostess Brands that it would begin liquidation.
"Hostess's announcement that it is liquidating the company is a deep disappointment for all of our Hostess members. While Hostess management wants to blame our members for the demise of the company, the truth is that had it not been for the valiant efforts of our members over the last eight years, including accepting significant wage and benefit concessions after the first bankruptcy, this company would have gone out of business long ago.
"Hostess failed because its six management teams over the last eight years were unable to make it a profitable, successful business enterprise. Despite a commitment from the company after the first bankruptcy that the resources derived from the workers' concessions would be plowed back into the company, this never materialized. Management refused to invest in modernizing its bakeries or devote necessary resources to advertising and marketing, product development and new technology. Business plan after business plan failed, leaving the company ever deeper in debt.
"When a highly-respected financial consultant, hired by Hostess, determined earlier this year that the company's business plan to exit bankruptcy was guaranteed to fail because it left the company with unsustainable debt levels, our members knew that the massive wage and benefit concessions the company was demanding would go straight to Wall Street investors and not back into the company.
"Our members were aware that while the company was descending into bankruptcy and demanding deep concessions, the top ten executives of the company were rewarding themselves with lavish compensation increases, with the then CEO receiving a 300 percent increase.
"Our members decided they were not going to take any more abuse from a company they have given so much to for so many years. They decided that they were not going to agree to another round of outrageous wage and benefit cuts and give up their pension only to see yet another management team fail and Wall Street vulture capitalists and "restructuring specialists" walk away with untold millions of dollars.
"Throughout this long and difficult process, BCTGM members showed tremendous courage, solidarity and devotion to principle. They were well aware of the potential consequences of their actions but stood strong for dignity, justice and respect."
The BCTGM represents more than 80,000 workers in the baking, food processing, grain milling and tobacco industries in the United States and Canada.
Contact: Frank Hurt, BCTGM International President (301) 933-8600
"Hostess's announcement that it is liquidating the company is a deep disappointment for all of our Hostess members. While Hostess management wants to blame our members for the demise of the company, the truth is that had it not been for the valiant efforts of our members over the last eight years, including accepting significant wage and benefit concessions after the first bankruptcy, this company would have gone out of business long ago.
"Hostess failed because its six management teams over the last eight years were unable to make it a profitable, successful business enterprise. Despite a commitment from the company after the first bankruptcy that the resources derived from the workers' concessions would be plowed back into the company, this never materialized. Management refused to invest in modernizing its bakeries or devote necessary resources to advertising and marketing, product development and new technology. Business plan after business plan failed, leaving the company ever deeper in debt.
"When a highly-respected financial consultant, hired by Hostess, determined earlier this year that the company's business plan to exit bankruptcy was guaranteed to fail because it left the company with unsustainable debt levels, our members knew that the massive wage and benefit concessions the company was demanding would go straight to Wall Street investors and not back into the company.
"Our members were aware that while the company was descending into bankruptcy and demanding deep concessions, the top ten executives of the company were rewarding themselves with lavish compensation increases, with the then CEO receiving a 300 percent increase.
"Our members decided they were not going to take any more abuse from a company they have given so much to for so many years. They decided that they were not going to agree to another round of outrageous wage and benefit cuts and give up their pension only to see yet another management team fail and Wall Street vulture capitalists and "restructuring specialists" walk away with untold millions of dollars.
"Throughout this long and difficult process, BCTGM members showed tremendous courage, solidarity and devotion to principle. They were well aware of the potential consequences of their actions but stood strong for dignity, justice and respect."
The BCTGM represents more than 80,000 workers in the baking, food processing, grain milling and tobacco industries in the United States and Canada.
Contact: Frank Hurt, BCTGM International President (301) 933-8600
I hope Bimbo buys them, so I can utter the phrase, "I'm going out to get a Twinkie from the Bimbo store."
R.I.P, my friend....
The brands will live on, but they will never be as good. It is a well known fact that little debbie and the other versions of twinkies and cupcakes suck. The freshness of the Hostess line is paramount to their success. I think most of know where this is headed- Mexico. I would be willing to bet that some of the current owners will end up buying the brands, shipping the manufacturing to meh-hi-ko and making profit again.
Twinkies are selling for 20-50 on Ebay. By that figure, I have over a grand in my freezer! Cold Hard Cash.
Twinkies are selling for 20-50 on Ebay. By that figure, I have over a grand in my freezer! Cold Hard Cash.
Union Organizations seem to have quite a bit of money, anyone heard of any of them purchasing a closing company and letting their loyal Union employees run it? They always think they can do a better job than their current management. I wonder why they do not try. I would suspect Hostess, Wonder Bread, and the Twinkie line would be pretty cheap to purchase right now. They could have it up and running Tuesday morning.
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