Expensive but i occasionally get them as a treat when they go on sale. this is sad.
Quoting michiganmom116:I'm outta the loop. Why are they going out of business?
I was just reading about it. Their employees were on strike and Hostess was already in financial trouble. They warned the employees that if they didn't return to work then they wouldn't be able to keep their doors open, and the strike continuted. It killed any hope of keeping the company going. They closed their doors and will be liquidating their assets.
Quoting michiganmom116:I was just reading about it. Their employees were on strike and Hostess was already in financial trouble. They warned the employees that if they didn't return to work then they wouldn't be able to keep their doors open, and the strike continuted. It killed any hope of keeping the company going. They closed their doors and will be liquidating their assets.
They went on strike over wage and benefits cuts. Hostess had to do something -- they had already filed for bankruptcy in January and when a company does that and intends to stay open, they have to show a plan for change, just like the automakers did. Employee wage and benefit cuts were part of the plan; in fact, it looks like it was a major part of the plan. I understand why they would strike, but now they're out of a job at what is possibly the worst time of the year. I wish the 18,000+ employees luck.
I'm going to see this from a different POV than most because I'm trained in management. It makes for an interesting household because my DH is a UAW member. They've taken pay cuts/benefit cuts during contract talks four years ago, just like the Hostess employees were asked to do this time, but the UAW members approved it because they wanted to keep their jobs.
Quoting TheBabyFactory4:
So why were the employees on strike? If the company treated them like i was treated at Pilot and so many other companies are doing than i don't blame the employees but now they are out of a job. These companies are paying way too much money to the top people and charge high prices for their cakes. Pilot sold them for almost $2 a pack. Ridiculous
Quoting michiganmom116:I was just reading about it. Their employees were on strike and Hostess was already in financial trouble. They warned the employees that if they didn't return to work then they wouldn't be able to keep their doors open, and the strike continuted. It killed any hope of keeping the company going. They closed their doors and will be liquidating their assets.
I was recently laid off (still waiting for unemployment to kick in) due to "financial issues"...was interesting to hear that they hired 2 new attorneys and were replacing computers in the weeks since...at first I understood about "finances", now I'm just a tad over "that's not cool".
Quoting michiganmom116:They went on strike over wage and benefits cuts. Hostess had to do something -- they had already filed for bankruptcy in January and when a company does that and intends to stay open, they have to show a plan for change, just like the automakers did. Employee wage and benefit cuts were part of the plan; in fact, it looks like it was a major part of the plan. I understand why they would strike, but now they're out of a job at what is possibly the worst time of the year. I wish the 18,000+ employees luck.
I'm going to see this from a different POV than most because I'm trained in management. It makes for an interesting household because my DH is a UAW member. They've taken pay cuts/benefit cuts during contract talks four years ago, just like the Hostess employees were asked to do this time, but the UAW members approved it because they wanted to keep their jobs.
Quoting TheBabyFactory4:
So why were the employees on strike? If the company treated them like i was treated at Pilot and so many other companies are doing than i don't blame the employees but now they are out of a job. These companies are paying way too much money to the top people and charge high prices for their cakes. Pilot sold them for almost $2 a pack. Ridiculous
Quoting michiganmom116:I was just reading about it. Their employees were on strike and Hostess was already in financial trouble. They warned the employees that if they didn't return to work then they wouldn't be able to keep their doors open, and the strike continuted. It killed any hope of keeping the company going. They closed their doors and will be liquidating their assets.
Quoting michiganmom116:They went on strike over wage and benefits cuts. Hostess had to do something -- they had already filed for bankruptcy in January and when a company does that and intends to stay open, they have to show a plan for change, just like the automakers did. Employee wage and benefit cuts were part of the plan; in fact, it looks like it was a major part of the plan. I understand why they would strike, but now they're out of a job at what is possibly the worst time of the year. I wish the 18,000+ employees luck.
I'm going to see this from a different POV than most because I'm trained in management. It makes for an interesting household because my DH is a UAW member. They've taken pay cuts/benefit cuts during contract talks four years ago, just like the Hostess employees were asked to do this time, but the UAW members approved it because they wanted to keep their jobs.
Quoting TheBabyFactory4:
So why were the employees on strike? If the company treated them like i was treated at Pilot and so many other companies are doing than i don't blame the employees but now they are out of a job. These companies are paying way too much money to the top people and charge high prices for their cakes. Pilot sold them for almost $2 a pack. Ridiculous
Quoting michiganmom116:I was just reading about it. Their employees were on strike and Hostess was already in financial trouble. They warned the employees that if they didn't return to work then they wouldn't be able to keep their doors open, and the strike continuted. It killed any hope of keeping the company going. They closed their doors and will be liquidating their assets.
What is your Budget?
- TheBabyFactory4
on Nov. 16, 2012 at 9:23 AM