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Message: <blockquote data-quote="dru" data-source="post: 1990597" data-attributes="member: 3047">I believe that with this liquidation, whoever buys the assets will be under no obligation whatsoever to continue the present union contract or even to offer a contract that compares with the one the employees were being offered by Hostess.  In the grand scheme of union vs. company, this move will give an enormous advantage to the companies.  With the purchase of a brand, the new owners will have the option of re-locating production in states that are right-to-work or which do not have as deeply entrenched unions.  If current employees reject whatever contracts are offered them by the new owners, they run a very serious risk of having the operations moved somewhere else entirely, making the whole idea of collective bargaining moot.  In any case, there is virtually no upside potential for the employees in this deal.  They held out for an impossibly good deal and now are going to be sent to the unemployment line.  Here is a good video from CNBC with their CEO regarding the events:<a href="http://www.theblaze.com/stories/the-twinkie-is-dead-hostess-to-close-18k-layoffs-expected/" target="_blank">http://www.theblaze.com/stories/the-twinkie-is-dead-hostess-to-close-18k-layoffs-expected/</a>Someone over in union headquarters made a serious strategic miscalculation here.</blockquote>