Speakeasy forum: Hostess Scares Hell Outa Unions.

by: James Denison November 16, 2012 8:47 AM PST

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Hostess Scares Hell Outa Unions.

by James Denison - 11/16/12 8:47 AM

Union Strikes, Hostess Decides to Shut Down, sell off brands. No more Twinkies, No more Wonder Bread.

"Hostess, the maker of Twinkies and Wonder Bread, plans to go out of
business, lay off its 18,500 workers and sell its snack cake and bread
brands.
The Irving, Texas, company said a nationwide
strike crippled its ability to make and deliver its products, which also
include Ding Dongs, Ho Ho's and Home Pride bread.
Hostess suspended bakery operations at all its
factories and said its stores will remain open for several days to sell
already-baked products.


Hostess said Friday the company is unprofitable "under its current cost
structure, much of which is determined by union wages and pension
costs."

A union representative did not immediately return a call from The
Associated Press seeking comment on the company's announcement.
"


That should put unions on notice that now is NOT a good time to strike or seek new wage concessions and other commitments.

"Yes Virginia, When you ask for too many gifts, Santa Clause can go out of business. Would you like this lump of coal? But remember, Obama also hates coal, so hide it carefully."

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