No more Twinkies, Snowballs, Ho-Hos or Ding Dongs

[Scalded Dog]

Thread title made me think that West Hollywood was gone... but, hey, I thought those Twinkies were going to outlast any apocolypse? As long as you don't EAT them, we should have them forever. I'm thinking that I'll stock up on the last ones on the shelf, then sell 'em on Craigslist 30 years from now, bring a little nostalgia back to the Gen Zers of 2042!

[Ice Demon]

Is this true if so this is a sad day:(

[2010 SSRS]

Drakes ring dings and yodels are way better, I never liked twinkies and all the other stuff they make

[papawattz]

OK, that's the direction we need to go, everybody keeps getting there wages and benefits cut, while CEO's, Presidents, upper management, ETC...., keep making more and more

Read this? It's funny how certain things get left out

Hostess Brands, Inc. 2009
Effective November 2, 2009, the company was renamed Hostess Brands, Inc. after the cake division that featured Twinkies and cupcakes. Hostess continues its bread lines, including Wonder Bread.[14]
[edit] 2012 Bankruptcy and Liquidation

By December 2011 it was reported that Hostess Brands was on the verge of filing for bankruptcy a second time after it suspended payments for union pensions and was struggling to remain current on its $700 million loan.[15]
On January 10, 2012 Hostess Brands filed for Chapter 11 Bankruptcy for the second time. In a statement in its filing, the company said it "is not competitive, primarily due to legacy pension and medical benefit obligations and restrictive work rules." The company said it employs 19,000 people and carries more than $860 million in debt. The company said it would continue to operate with $75 million debtor-in-possession financing from Monarch Alternative Capital, Silver Point Capital and other investors.[3]
Television talk show hostess Wendy Williams started a "Save The Twinkie" publicity campaign shortly after the bankruptcy filing.[16] The campaign included promotions on The Wendy Williams Show.[17]
In March 2012, Brian Driscoll resigned from his position as CEO.[18] Gregory Rayburn, who had been hired and named Chief Restructuring Officer only nine days earlier, assumed the leadership position. Fortune reported that unions within the organization had been unhappy with Driscoll's proposed compensation package of $1.5 million, plus cash incentives and a $1.95 million "long term compensation" package. Additionally, the court had discovered that Hostess executives had received raises of up to 80% the year prior. In an effort to restore relations, Rayburn cut the salaries of the four top Hostess executives to $1, to be restored on January 1 the following year.[19]
In July 2012, the New York Post reported that negotiations (lead by Silver Point Capital) with the Teamsters Union were close to a possible agreement that could allow Hostess Brands to cut employee pay and benefits, if the company maintained funding of existing pension plans.[20] In May, all 19,000 workers had been warned (as required by the Worker Adjustment and Retraining Notification Act) that they could face a mass layoff. In an email to the Appeal-Democrat Hostess spokesman Erik Halvorson said that the May notices were to alert employees to possible sale or wind down of the company, but that "our goal is still to emerge from bankruptcy as a growing company with a strong future."[21] These layoff notices listed the dates as July 7-21, but on July 5 another company spokesman told the Financial News & Daily Record that there were no immediate plans to start laying off Hostess employees.[22]
In November 2012, Hostess employees nationwide went on strike. The Bakery, Confectionery, Tobacco Workers and Grain Millers' International Union, which represents 6,600 Hostess employees, took the strike action after the latest contract proposal from Hostess Brands was rejected by 92 percent of its members. In response, Hostess Brands issued the following statement: "A widespread strike will cause Hostess brands to liquidate if we are unable to produce or deliver products. If that's the case, the company will move promptly to lay off most of its 18,300-member workforce and focus on selling its assets to the highest bidders. We urge our employees to remain on the job to rebuild the company."[23]
On November 16, 2012, Hostess announced that it was ceasing plant operations and laying off most of its 18,500 employees. It stated that it intended to sell off all of its assets, including the well known brand names, and liquidate.[24][25] The CEO, Gregory F. Rayburn stated, "Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders."[

[papawattz]

the bright side, less Fat people

[GbrilliantQ]

A one week strike by a few thousand employees of 18000+ total and they shut the place down?

Wow.

Sent from my Galaxy Note

[papawattz]

They'll just make'm in China like everthing else!!!!!!!!!!!!!!!!!!!

[2ndgenz28]

Credit to the Teamsters, they agreed to the new contract, recognizing there was no other option. It was the Bakers union who rejected it. In fact the Teamsters put out a statement saying the concessions were necessary, and they were disappointed other stakeholders (Bakers union but didn't call them by name) were unwilling to cooperate. Plus it was a court-ordered contract, the executives had nothing to do with it.

[Iwantone2]

I can't believe that there will be no more Twin...hnnnnng!

[its a syn]

Originally Posted by papawattz

They'll just make'm in China like everthing else!!!!!!!!!!!!!!!!!!!

They will likely emerge out the other end of bankrupcy as a new company that will offer to build in desperate cities with high unemployment. Those cities will bend over backwards offering cheap land aquisition,federal,state and local tax breaks to get them to build new more efficient plants as Toesuf94 said. So now there will be no Union to deal with,wages cut in half and the taxpayer paying them to build thier new plants.

[45thAnniversary2SS]

Originally Posted by papawattz

OK, that's the direction we need to go, everybody keeps getting there wages and benefits cut, while CEO's, Presidents, upper management, ETC...., keep making more and more

Read this? It's funny how certain things get left out

Hostess Brands, Inc. 2009
Effective November 2, 2009, the company was renamed Hostess Brands, Inc. after the cake division that featured Twinkies and cupcakes. Hostess continues its bread lines, including Wonder Bread.[14]
[edit] 2012 Bankruptcy and Liquidation

By December 2011 it was reported that Hostess Brands was on the verge of filing for bankruptcy a second time after it suspended payments for union pensions and was struggling to remain current on its $700 million loan.[15]
On January 10, 2012 Hostess Brands filed for Chapter 11 Bankruptcy for the second time. In a statement in its filing, the company said it "is not competitive, primarily due to legacy pension and medical benefit obligations and restrictive work rules." The company said it employs 19,000 people and carries more than $860 million in debt. The company said it would continue to operate with $75 million debtor-in-possession financing from Monarch Alternative Capital, Silver Point Capital and other investors.[3]
Television talk show hostess Wendy Williams started a "Save The Twinkie" publicity campaign shortly after the bankruptcy filing.[16] The campaign included promotions on The Wendy Williams Show.[17]
In March 2012, Brian Driscoll resigned from his position as CEO.[18] Gregory Rayburn, who had been hired and named Chief Restructuring Officer only nine days earlier, assumed the leadership position. Fortune reported that unions within the organization had been unhappy with Driscoll's proposed compensation package of $1.5 million, plus cash incentives and a $1.95 million "long term compensation" package. Additionally, the court had discovered that Hostess executives had received raises of up to 80% the year prior. In an effort to restore relations, Rayburn cut the salaries of the four top Hostess executives to $1, to be restored on January 1 the following year.[19]
In July 2012, the New York Post reported that negotiations (lead by Silver Point Capital) with the Teamsters Union were close to a possible agreement that could allow Hostess Brands to cut employee pay and benefits, if the company maintained funding of existing pension plans.[20] In May, all 19,000 workers had been warned (as required by the Worker Adjustment and Retraining Notification Act) that they could face a mass layoff. In an email to the Appeal-Democrat Hostess spokesman Erik Halvorson said that the May notices were to alert employees to possible sale or wind down of the company, but that "our goal is still to emerge from bankruptcy as a growing company with a strong future."[21] These layoff notices listed the dates as July 7-21, but on July 5 another company spokesman told the Financial News & Daily Record that there were no immediate plans to start laying off Hostess employees.[22]
In November 2012, Hostess employees nationwide went on strike. The Bakery, Confectionery, Tobacco Workers and Grain Millers' International Union, which represents 6,600 Hostess employees, took the strike action after the latest contract proposal from Hostess Brands was rejected by 92 percent of its members. In response, Hostess Brands issued the following statement: "A widespread strike will cause Hostess brands to liquidate if we are unable to produce or deliver products. If that's the case, the company will move promptly to lay off most of its 18,300-member workforce and focus on selling its assets to the highest bidders. We urge our employees to remain on the job to rebuild the company."[23]
On November 16, 2012, Hostess announced that it was ceasing plant operations and laying off most of its 18,500 employees. It stated that it intended to sell off all of its assets, including the well known brand names, and liquidate.[24][25] The CEO, Gregory F. Rayburn stated, "Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders."[

+1,000,000

[Angrybird 12]

Just got back from the store. All the hostess brand stuff was gone... That was quick.

[ChrisBlair]

Originally Posted by Angrybird 12

Seriously, this is another example of why unions have had their day and its time to disband them. Anytime they would rather shut down a company and put 18,000 people out of work over taking a 8% pay cut and keeping everyone working is completely stupid.

Couldn't agree more. I worked in a union shop for years. I paid a lot of dues. As near as I could tell, what with things like OHSA, etc, around, all the union did was take my money. They seemed to care about their union dues more than my job

[papawattz]

Originally Posted by ChrisBlair

Couldn't agree more. I worked in a union shop for years. I paid a lot of dues. As near as I could tell, what with things like OHSA, etc, around, all the union did was take my money. They seemed to care about their union dues more than my job

Wait until you have ANY issues/problems and see how long OSHA takes to resolve those issues/problems, if you get it resolved at all. OSHA (there is no other orginizations to support workers rights and safety) was started in 1971 mostly for job sites(typically non-union) where contractors and or business owners had no regard for the workers safety! And actually OHSA is just for safety, they can give two S*&ts about your rights! You obviously worked for crappy union shop!