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| [Nov 17, 2012, 2:43 pm ET] - Share - Viewing Comments |
Sad about Hostess Brands closing, since it seems to be the result of an insoluble labor conflict, and while strikes often result in threats that they will result in the closure of a company, that rarely seems to actually happen as it has in this case. I find it interesting how many people are going all Tallahassee over the pending Twinkie shortage, however, as they are the poster child for crappy junk food, and I don't know anyone who has eaten one in recent memory, much less actually savors them (labor strife aside, I think if everyone saddened by this actually bought Twinkies, Hostess would be fine). In my opinion, Hostess only ever made one really good product, which was their fruit pies, which I have not seen in a store in over a decade if not longer. I assumed they stopped making them, but I see them on eBay at seemingly exorbitant prices, so I'm not sure if that's due to the Hostess closure, or perhaps they are working off old stock, since these babies are half preservatives anyway (I think it's the latter, as the labels all seem to feature Fruit Pie the Magician, and Wikipedia says he was removed from the packaging in 2006).
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Re: Out of the Blue |
Nov 17, 2012, 15:05 |
PHJF |
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So, in the middle of a recession, with unemployment at an all time high, they'll go on strike for more money and better benefits, Gee it's so hard to actually google things before opening your craw, isn't it?
Before the Chapter 11 filing in January, citing growing competition from rivals that expanded their reach over the years, the company had been contributing $100 million a year in pension costs. The new contract offer would've slashed that to $25 million a year, in addition to wage cuts and a 17% reduction in health benefits.
Tensions between management and workers were also an ongoing problem.
Hostess came under fire this year after it was revealed that nearly a dozen executives received pay hikes of up to 80% even as the company was struggling last year. derp derp greedy workers derp derp stupid unions derp derp |
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Nov 17, 13:57 |
Re: Out of the Blue |
nin |
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Nov 17, 14:23 |
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PHJF |
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Nov 17, 14:25 |
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Prez |
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Nov 17, 14:59 |
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Ray Marden |
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Nov 17, 15:05 |
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PHJF |
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Nov 17, 15:10 |
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Prez |
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Nov 18, 02:20 |
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ChandlerL |
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Nov 18, 03:13 |
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Dades |
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Nov 18, 05:49 |
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Prez |
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Nov 17, 17:48 |
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nin |
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Nov 17, 19:25 |
Re: Out of the Blue |
nin |
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Nov 17, 14:32 |
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MajorD |
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Nov 17, 15:01 |
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Dades |
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Nov 18, 11:30 |
Re: More Big Picture Details |
HorrorScope |
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Nov 18, 12:23 |
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PHJF |
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Nov 18, 13:33 |
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TangledThorns |
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Nov 18, 13:34 |
Re: More Big Picture Details |
nin |
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Nov 18, 23:39 |
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Retired |
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Nov 18, 18:31 |
Re: More Big Picture Details |
HorrorScope |
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Nov 17, 15:02 |
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Cutter |
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Nov 17, 16:44 |
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Draugr |
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Nov 17, 17:22 |
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MajorD |
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Nov 17, 17:39 |
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^Drag0n^ |
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Nov 17, 15:21 |
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Sepharo |
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Nov 17, 16:00 |
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MajorD |
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Nov 17, 17:22 |
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Wallshadows |
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Nov 17, 20:05 |
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Retired |
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Nov 17, 20:14 |
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nin |
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Nov 17, 20:17 |
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Retired |
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Nov 17, 20:43 |
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PropheT |
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Nov 18, 06:03 |
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Bhruic |
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Nov 18, 07:30 |
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Julio |
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Nov 18, 07:50 |
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Prez |
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Nov 18, 13:40 |
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1badmf |
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Nov 18, 16:31 |
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Fantaz |
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Nov 17, 20:17 |
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Retired |
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Nov 18, 00:00 |
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BobBob |
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Nov 18, 12:15 |
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Retired |
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