View Full Version : Oh No, No Ho Ho!
markem
11-16-2012, 08:30 AM
Just as we start to get legalized pot, too :D
http://dealbook.nytimes.com/2012/11/16/hostess-brands-says-it-will-liquidate/?hp
Hostess Brands, the bankrupt maker of cream-filled pastries like Twinkies and Ho Hos, said on Friday that it planned to wind down its operations and sell off its portfolio of well-known brands. The decision comes a week after one of the company’s biggest unions went on strike to protest a labor contract.
Friday’s decision spells the end of Hostess, an 82-year-old company that has endured wars, countless diet fads and even an earlier Chapter 11 filing. As the national appetite for the junk food waned, the baked-goods maker fell on hard times.
Now that sucks. Even if someone steps in and buys the name, it's not going to be the same.
Robulous78
11-16-2012, 08:55 AM
That sucks...
CigarNut
11-16-2012, 09:07 AM
It's been decades since I had any of Hostess products, but I sure did love them when I was younger...
CRIMPS
11-16-2012, 09:10 AM
Opinions from fellow company employees were very similar. Everyone talked about how they loved Hostess snacks, how they seemed to be so nostalgic. Everyone agreed, though, they hadn't had one in years.
gorob23
11-16-2012, 09:19 AM
;s I hated them... really, I don't know how they survived this long. :sh
But I was spoiled. Mom stayed home raised 7 kids while dad worked. Mom always made homemade things that were absolutely the best... :tu
Rob :tf
MajorCaptSilly
11-16-2012, 09:22 AM
I will have to enjoy a Twinkie sandwiched between two Suzi-Q's to mourn my loss.
MCS
markem
11-16-2012, 09:24 AM
Mom always made homemade things that were absolutely the best... :tu
Well sure. She made you.
iaMkcK
11-16-2012, 09:38 AM
Well sure. She made you.
Dawww, that was nice.
Seriously though: You can literally hear the sound of beached whales agonizing screams.
icehog3
11-16-2012, 09:41 AM
Never a big Twinkie fan, but I ate my share of Ding Dongs growing up.
Wait a minute.....that just sounds wrong. :lr
sikk50
11-16-2012, 09:43 AM
I like them when I was a pup. Haven't had any in years either, but they are kind of an American staple. Its a shame. I hope those losing their livelihoods don't stay displaced for long.
Robulous78
11-16-2012, 10:10 AM
I like them when I was a pup. Haven't had any in years either, but they are kind of an American staple. Its a shame. I hope those losing their livelihoods don't stay displaced for long.
If they were part of the union that caused it, they get what they deserve :2
Blak Smyth
11-16-2012, 10:13 AM
Never a big Twinkie fan, but I ate my share of Ding Dongs growing up.
Wait a minute.....that just sounds wrong. :lr
Sig line!!!!!!!!!!!!!!!!!!!!!!!!! :r
massphatness
11-16-2012, 10:17 AM
<<<<< Ho Ho Fan Boy
Lived on those things back in college
jluck
11-16-2012, 11:44 AM
What a bummer....I loved the twinkies back in the day!
If they were part of the union that caused it, they get what they deserve :2
How did you come up with this Rob? :sh
Robulous78
11-16-2012, 11:57 AM
What a bummer....I loved the twinkies back in the day!
How did you come up with this Rob? :sh
Just as we start to get legalized pot, too :D
http://dealbook.nytimes.com/2012/11/16/hostess-brands-says-it-will-liquidate/?hp
Hostess Brands, the bankrupt maker of cream-filled pastries like Twinkies and Ho Hos, said on Friday that it planned to wind down its operations and sell off its portfolio of well-known brands. The decision comes a week after one of the company’s biggest unions went on strike to protest a labor contract.
Friday’s decision spells the end of Hostess, an 82-year-old company that has endured wars, countless diet fads and even an earlier Chapter 11 filing. As the national appetite for the junk food waned, the baked-goods maker fell on hard times.
:tu
jluck
11-16-2012, 12:04 PM
:tu
All I see there is a week after a strike the "company" (non union management) closes shop. I don't think a week old strike would kill a long standing large company. Management side of company deals with budgets and marketing so I just don't think "The union boys" killed the company in a week.
This ultra common scenario is probably more to blame...
"top executives at the firm have received significant pay bumps, while at the same time asking for concessions from workers."
http://dealbook.nytimes.com/2012/11/16/hostess-brands-says-it-will-liquidate/?hp
>>>Thread Jack off<<<<>>>>SORRY!<<<<
Robulous78
11-16-2012, 12:09 PM
Just as we start to get legalized pot, too :D
http://dealbook.nytimes.com/2012/11/16/hostess-brands-says-it-will-liquidate/?hp
Hostess Brands, the bankrupt maker of cream-filled pastries like Twinkies and Ho Hos, said on Friday that it planned to wind down its operations and sell off its portfolio of well-known brands. The decision comes a week after one of the company’s biggest unions went on strike to protest a labor contract.
Friday’s decision spells the end of Hostess, an 82-year-old company that has endured wars, countless diet fads and even an earlier Chapter 11 filing. As the national appetite for the junk food waned, the baked-goods maker fell on hard times.
Unions can't ask for more pay or dispute contracts when a company is already bankrupt... if they do/did, they are biting the hand that feeds IMHO, then the company goes belly up... guess they got their answer... :2
Robulous78
11-16-2012, 12:10 PM
>>>Thread Jack off<<<<>>>>SORRY!<<<<
What does this mean anyway?
shilala
11-16-2012, 12:29 PM
I don't want to imagine a world without Twinkies.
Robulous78
11-16-2012, 12:30 PM
I don't want to imagine a world without Twinkies.
+1 :(
N2 GOLD
11-16-2012, 12:35 PM
You can BLAM all the overpaid executives in charge of all the great companies that were once great empiers. Which have now gone the way of the dodo bird & are NO-MORE. It's all because of GREED & how much they can get. After all one can never have enought, right??? Then they start to cut all the people who do the work that makes the $$ for Company. So, once the CEO finds a new job they resign from current position but take ridiculous severance packages that are out of control. Offering someone a multi-million dollar severance package to get rid of them because they have mishandled company assets, or who have been a BIG part in driving the company into the ground. I just don't understand it...
markem
11-16-2012, 12:43 PM
I started this thread to bring attention to a snack food that seems to have gone the way of the dinosaurs. I did not start this thread to start a class warfare debate.
Mods, please close this one up.
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