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Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]

 
FatalW1shes

User ID: 18009481
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10/14/2012 02:32 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
I was warning of this for a while...


Thread: Twinkie Doom CEO: 18,000 Jobs on the Line -- Will Sell Twinkie Name If Union Votes Against Us
Anonymous Coward
User ID: 1164412
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10/14/2012 02:36 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
It has a lot to due to "multi employer pension plans" this is a little known provision of union contracts. If a union shop goes out of business, then other companies must kick in more money to fund the underfunded pensions of employees that didn't even work for them. It is becoming too much for companies to pay and soon the day will come that the tide will go out and we will see the emperor has no swim trunks on!
Anonymous Coward
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10/14/2012 02:40 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
Hostess Cupcakes Getting Ready to Shut Down Because of Unions.
If the unions don't except The offer , then no more Hostess.

This Matt Guy has some good video.
damned

 Quoting: TSWB21


Hostess does this every couple of years or so..then they back down. Last time was about a year ago.

Do yourself a favor. Don't eat their crap. Its unbelievably toxic for you.
Anonymous Coward
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10/14/2012 02:41 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
:OHHH:
TSWB21 (OP)

User ID: 1267719
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10/14/2012 02:50 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
Hostess Cupcakes Getting Ready to Shut Down Because of Unions.
If the unions don't except The offer , then no more Hostess.

This Matt Guy has some good video.
damned

 Quoting: TSWB21


Hostess does this every couple of years or so..then they back down. Last time was about a year ago.

Do yourself a favor. Don't eat their crap. Its unbelievably toxic for you.
 Quoting: Anonymous Coward 17268859


you should state some facts or death tolls with names of people killed from eating Twinkies. You cant make stupid statement about a product like that .

Name one person that has been killed from eating a God damn Hostess Cake.

You freaking people get on a high horse , and believe you are all knowing , when you really know jack shit.

Last Edited by <x> on 10/14/2012 02:51 PM
hIndsIght2020
Something's not right here...

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10/14/2012 02:53 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
How come the kneejerk GLP reaction is to defend transnational corporations and throw working people under the bus?

Strange, for such a group of people who describe themselves as "awake".
 Quoting: Anonymous Coward 25542232


GOP-tards
Major_Payne

User ID: 25560822
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10/14/2012 03:01 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
Hostess (IBC) was bought out by an investment group a few years ago and they are now in the process of raiding the workers pension and healthcare funds. This is the type of "vulture" Capitalism that give Venture Capitalists a bad name.
Sickandtired
User ID: 17058124
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10/14/2012 03:07 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
The corporation is run by three rich white guys. This is nothing but union busting bull shit driven by corporate greed. Sure isn't do to lack of sales. It has more than 400 job openings, more than 350 for sales routes.
 Quoting: Anonymous Coward 1326056


But...but...but, they create "jobs". Just don't let the workers want good pay or benefits while they toil to make these guys richer.
brent pops

User ID: 17811715
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10/14/2012 03:17 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
The Unions?

Here's the way these 1% fascist works. They shut the plant down &/or sale the plant. The plant re-opens under new ownership and hires folks at HALF of what they were making before.

This is the death spiral of the middle class.

This our corporations could make our junk food in China at slave wages and get it here fresh, they would...who could argue with that?
"Putting your hand into a river, you simultaneously touch the last of what is passing and the first of what is coming."
Leonardo Da Vinci
Anonymous Coward
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10/14/2012 03:18 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
This is as of Thursday 10/11:


"Hostess Brands Inc. said Thursday that the company and its five subsidiaries have filed a joint plan of reorganization, potentially signally the final phases of a bankruptcy case that has lasted all year.

Rayburn said Hostess is working to complete its restructuring and exit Chapter 11 in the next few months.

He thanked company employees “for their continued hard work and commitment.”




[link to bizbeatblog.dallasnews.com]
Anonymous Coward
User ID: 24552277
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10/14/2012 03:20 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
But...but...but, they create "jobs". Just don't let the workers want good pay or benefits while they toil to make these guys richer.
 Quoting: Sickandtired 17058124


There's plenty of greed to go around.

You think workers employed by many city and state governments have been fighting greedy bosses? Oh, just so happens most of those bosses have been labor-loving Democrats.

Guess what, genius. That doesn't matter. Pension plans are causing many governments throughout the US to see tons of red ink. Who's gonna pay for that shit? You, the taxpayer.

Notice how in the middle of that big stinking pile there are no investment firms or companies specializing in leveraged bailouts.


The company, which also makes Wonder Bread and the Drakes line of snack cakes, has more than $860 million in debt. This is Hostess’s second bankruptcy filing in less than a decade.

Although Hostess has sales of $2.5 billion annually, that’s not enough to keep up with the rising costs of ingredients like flour and sugar; the company also employs roughly 19,000 people, according to the Journal.

Hostess went through a Chapter 11 bankruptcy back in 2004 and had trouble regaining its footing afterwards, in spite of investments and loans from private equity firms and hedge funds. The Journal reports that Hostess has lined up financing that would allow it to continue operating while in bankruptcy, so its ovens won’t be shut off just yet.

But it appears America’s appetite for plastic-sheathed snack cakes might be waning; although we gobbled up 36 million packages of Twinkies last year, that’s actually a 2% decline from the year before. In response to an increasingly health-conscious public, Hostess started making whole-grain bread, but the Journal says it hasn’t been a hit.
 Quoting:
Anonymous Coward
User ID: 23200727
Canada
10/14/2012 03:25 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
Unions were once necessary but they went too far

People ARE too fat


sorry ppl are losing jobs

How does this affect Chocodiles?
TSWB21 (OP)

User ID: 1267719
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10/14/2012 03:25 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
The Unions?

Here's the way these 1% fascist works. They shut the plant down &/or sale the plant. The plant re-opens under new ownership and hires folks at HALF of what they were making before.

This is the death spiral of the middle class.

This our corporations could make our junk food in China at slave wages and get it here fresh, they would...who could argue with that?
 Quoting: brent pops


WHy not just build a god damn bakery ship and put it in international waters tax free. Then god damn ship the twinkies into port with delivery ships?

I mean God damn.....
brent pops

User ID: 17811715
United States
10/14/2012 03:26 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
Our junk food companies CAN'T make their crap overseas and get it here fresh. Ah, poor millionaires can't pay 90 cents an hour, gotta be tough huh.
"Putting your hand into a river, you simultaneously touch the last of what is passing and the first of what is coming."
Leonardo Da Vinci
Anonymous Coward
User ID: 25075805
Australia
10/14/2012 03:27 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
Then they should pay the right fucking pay in the first place then shouldn't they the greedy selfish dirty scabby fucks.
Major_Payne

User ID: 25560822
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10/14/2012 03:29 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
I know a couple of guys who deliver Hostess cakes and Wonder bread. This is the crap they have to deal with, in the middle of bankruptcy the CEO wanted to give himself and other managers a raise while asking the employees to take another 5% pay cut a cut in their Health Benefits and a severe cut in their Pension plan. The Judge bitch slapped him back into reality.
brent pops

User ID: 17811715
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10/14/2012 03:29 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
The Unions?

Here's the way these 1% fascist works. They shut the plant down &/or sale the plant. The plant re-opens under new ownership and hires folks at HALF of what they were making before.

This is the death spiral of the middle class.

This our corporations could make our junk food in China at slave wages and get it here fresh, they would...who could argue with that?
 Quoting: brent pops


WHy not just build a god damn bakery ship and put it in international waters tax free. Then god damn ship the twinkies into port with delivery ships?

I mean God damn.....
 Quoting: TSWB21


lol You might have solved their problem ha.

Can you imagine working 6 weeks on a bakery ship in the Gulf of Mexico lol.
"Putting your hand into a river, you simultaneously touch the last of what is passing and the first of what is coming."
Leonardo Da Vinci
Anonymous Coward
User ID: 25542941
United States
10/14/2012 03:51 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
If the unions want to tell a company how much to pay,
and what hours they'll work, and what benefits to provide,
there is an easy solution.

The union bosses pool their money, get all the life
savings of the workers,
and start their OWN fucking companies.

No?

Why not? Then they could run a company exactly the way
they, and the workers, want to run it.

Here's what would happen, IF they could accumulate
enough brains and funds to start their own company.

They would run it right into the ground.

Why?

Workers are workers for a reason.
They don't usually have the brains or the discipline
to organize anything more complex than a Sunday picnic.

Even WITH supervision, I've personally watched, as
union workers leaned on brooms and shovels, and bullshit
half the day away, until their bread and butter,
Bethlehem Steel faded into history.

Without supervision, you would be lucky to get an hour's
worth of work a day out of them.

I say fold up the company, fire every last one of the
union workers, and start over.
Anonymous Coward
User ID: 6333077
United States
10/14/2012 03:56 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
FATTY CAKE DOOOOMM!!!!!!
Anonymous Coward
User ID: 25336523
United States
10/14/2012 04:02 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
thet dont wanna fire them union employees.their scared.see, they want them employees cause they know what their doing,management just dont wanna pay em.kinda like the nfl refs....shoulda fired em all and kept the replacements.Management has that right!!!!!!!however,THEY WANT THEM UNION EMPLOYEES,cause the burnouts you get for 8 bucks an hour arent worth the trouble.It's how the world works folks.Lookit whats happening in wisconsin NOW.Walker wishes he could go back in time...
Earth Daughter

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10/14/2012 04:05 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
What will be left for people to put in the baskets of their electric carts at Walmart? They might actually have to try a carrot stick. Oh no!
"Arrows of hate have been shot at me too, but they never hit me, because somehow they belonged to another world, with which I have no connection whatsoever." - Albert Einstein
The Light Under the Door

User ID: 25542916
United Kingdom
10/14/2012 04:07 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
What will be left for people to put in the baskets of their electric carts at Walmart? They might actually have to try a carrot stick. Oh no!
 Quoting: Earth Daughter


I wouldn't eat walmart carrot sticks. They're always either too dry or slimy.
Anonymous Coward
User ID: 25266136
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10/14/2012 04:15 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
ibc..done..OH..THINGS ARE GETTING BETTER! NOT!
Anonymous Coward
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10/14/2012 04:44 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
I wish I could say it would be a great and heart-felt loss. But it won't. Feel sorry for the people who will be out of work for a while. That's sad. But the product is shit and has been for decades. Better off not making it, IMHO!
Anonymous Coward
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United States
10/14/2012 04:47 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
exactly what does the union offer Hostess?
Not to burn the trucks?
Not to close it down?
Not to sabotage the production?

Remind me what the Union offers an employer that anyone else cant.
Besides extortion, I mean.
uscrusader1

User ID: 9491757
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10/14/2012 04:54 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
Mochelle is correct about shitty food in one way, but fatass libtards like her often sneak out the back door and stuff their fat faces with Twinkies and colas.
 Quoting: Anonymous Coward 24552277


Yup, the wookie's been sneakin' Twinkies...
derriers
US Infidelis
Anonymous Coward
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10/14/2012 04:56 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
Hostess Cupcakes Getting Ready to Shut Down Because of Unions.
If the unions don't except The offer , then no more Hostess.

This Matt Guy has some good video.
damned

 Quoting: TSWB21


It would be hilarious at the end if while fatboy was holding his chest moaning about no more twinkies, mike tyson jumped into the scene and gave him an uppercut to his big fat paunch so hard it lifted him into the air.
Anonymous Coward
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10/14/2012 05:03 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
The Unions?

Here's the way these 1% fascist works. They shut the plant down &/or sale the plant. The plant re-opens under new ownership and hires folks at HALF of what they were making before.

This is the death spiral of the middle class.

This our corporations could make our junk food in China at slave wages and get it here fresh, they would...who could argue with that?
 Quoting: brent pops


Yes it's quite simple. There is an economic surplus available, because we have machines and technology that make our lives easier and better.

If you have people work these machines efficiently for 8 hours a day, the production is far more than enough to feed and house and educate that person and his or her whole family.

The question is: who gets that surplus?

The capitalist?
The worker?
The welfare recipient?
etc.

This simple analysis is in the tradition of "welfare economics" which used to be the standard, but now it's hardly taught and is replaced with "growth theory" which will favor giving all the surplus to the capitalist because he will create the most economic growth from it.
Anonymous Coward
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10/14/2012 05:11 PM
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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
I hear they will have all the twinkies you can eat at the FEMA camps.
Major_Payne

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10/14/2012 05:47 PM

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Re: Hostess Cupcakes Getting Ready to Shut Down Because of Unions.[TSWB]
Unions cannot tell a Company what to do. They can on the other hand enforce contracts and invoke legal options the employees cannot. Unions are just workers sticking together so they don't get screwed by the big guys. If necessary an arbiter is called in to settle disputes. The arbiter is a non partisan third party that can settle a dispute fairly. Companies hate them because they don't think they should have to treat you fairly with respect.

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