Did you know Twinkies are coming back on July 15th?
When they took Twinkies off the market, was that just a way to control people who were on strike? They took jobs away, people sold Twinkies on sites like Ebay, even wrote hubs about them. Now Twinkies are back. What is more important, a snack, or control over workers?
Twinkies went away because the workers who were on strike chose not to come back and the company went bankrupt. They're union sold them out and refused to negotiate with the company or even return a phone call in the last few weeks to avoid affecting any other contracts within the industry. Hostess employees became the sacrificial lamb, to protect other union employees under similar contracts. A Federal judge had to order them to negotiate before approving the liquidation. This reminded me of the Pan Am airline workers who let their union lead them right off of a cliff. The investment firm that invested their capital to save the company before the strike lost nearly all of their 130 million dollar investment to keep the company alive. The reason Hostess products are still alive is the hostess company had the rights to the name. They were selling it off to settle the massive debts the company was saddled with, no different then selling off a piece of machinery in a bankruptcy.
Ultimately, the product will survive in a more business friendly environment with a company that is allowed to more flexibly adjust to market conditions. The same way the automakers who opted not to participate in the UAW are thriving in "Detroit South". Both the companies and their employee have it better than the disaster the UAW created in Detroit as well. Workers are free to organize in the private sector. But what they often don't realize is that their union leaders are doing more damage than they are helping them. And many times they couldn't care less about the workers. In fact they often use the workers, who don't always understand the economic realities of the marketplace as a tool to extort unrealistic demands from the company and make the union leaders rich. If that means putting the whole company out of business...then so be it. The workers will suffer, not the union president.
Thank you, that is a very good way of explaining how all of this happened
Unfortunately, Twinkies are not the first casualty of labor unions. Remember Eastern Airlines? The good news is, they're coming back. The people who lost their jobs are free to apply all over again. Workers need to realize that they work at the pleasure of the company. If wages are too high, the company folds. On the other side, CEOs need to make sure they incentivize their employees properly so as not to take advantage of them.
I hope the CEOs realize this. That would be wonderful.
Lol...some people are going to be sorry they paid hundreds of dollars for the "last" Twinkies last year.....
And some are going to be very happy they sold the "last" Twinkies last year..
Thank God! I didn't know what I was going to do without them! Now I can relax and have peace of mind. LOL
Too Funny! Thank God nobody pulled Ruffles Potato Chips!
Hostess was losing money period. The strike just pushed the company over the edge. I ate Twinkies when I was a child but later in life I took to eating Zingers, especially the vanilla flavor! Hopefully they'll bring them back as well.
With regard to consumers I believe the rush to purchase Twinkies was both for nostalgic and potential profit reasons. People who hadn't eaten a Twinkie in several years suddenly wanted to at least own a package. I'm sure if Coca Cola or Pepsi announced they were shutting down you'd see a rush of people trying to stock up on their sodas. Some products are considered iconic as part of American life.
I agree with you one this one. I had not eaten even one of them for years, but suddenly wanted to eat one. But, I cooked some. Did not buy a whole bunch of them.
Yes, twinkles are coming back. The lesson of life's reality has it open question : did any or all affected who lost jobs ,income, family support realize the price of deception? Would they be willing to think for themselves, to find on their own what is the best for themselves instead just to accept demagogues dictatorship " we know what's best for you ". Everyone. In every segment of life, including " religion" called union. Those greedy bosses indulging in wasteful luxurious life paid by never earned money- only because by rules and regulations secured their future and not the workers. The sooner people will realized their potential to be free from bondage of dictatorship, and refuse to live under unrealiable promises , they might be able to live freedom life once again.
by ga anderson 12 years ago
Hostess Bakeries, makers of the iconic Twinkies is going bankrupt. - 18,500 jobs lost(Reuters) - A standoff between Hostess Brands Inc. and thousands of its bakery workers was heading for a showdown Thursday as both sides declared they would not bend and were set to accept the demise of the...
by karl 10 years ago
There has been another round of public sector strikes here in the UK with Firefighters, local government workers and teachers (depending on which Union they belong to) amongst the 500,000 - 1,000,000 workers ( depending on who you ask) who decided not to attend work today. Their grievances...
by JaxsonRaine 12 years ago
1 - The CEO had a salary of $1.5 million, with up to $2 million in long-term bonus compensation. Over a 5 year period, if he got all $2 million, plus $1.5 million a year, that would equate to $9.5 million. Yes, it's a lot of money, but this is why CEO salaries generally aren't the problem: If he...
by Geekdom 12 years ago
If Hostess closes, what product will you miss the most?Hostess is all over the news right now. What product would you miss most if it disappeared from store shelves?
by JaxsonRaine 12 years ago
Yet another set of rights being restored to Americans. Today, at least, is a good day for rights.http://www.huffingtonpost.com/2012/12/1 … 78021.html
by David Flores 15 years ago
Where I work there is no union. Should I be concerned?The company I work for refuses to have a union so I was wondering if I should be concerned with this.
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