Re: I Think I'll Go For A Walk - Death Pool Thread
This has nothing to do with changing tastes, but rather the intransigence of the leaders of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union that represents about 5,000 Hostess employees. They brought it upon their members and the other 13K+ non-union Hostess employees.
On the up side, some company could step in and save the day.
I certainly feel empathy for those losing their jobs (having been out of a full time job since the week of Barry's coronation
). They have no one to blame but the union bosses for what their future holds.
Man, you've got to feel some empathy for those folks who have lost their jobs. Very tough economy. Holidays approaching. Where do people who have worked for years in big, industrial baking plants go to find work? With anything like the benefits (even though reduced) they had at Hostess?
I suppose the changing tastes of the public and inability or unwillingness to modernize their product line is what ultimately caused Hostess to collapse. Union intransigence apparantly didn't help, either. Still, tough on the little guys. Like it always is.
This has nothing to do with changing tastes, but rather the intransigence of the leaders of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union that represents about 5,000 Hostess employees. They brought it upon their members and the other 13K+ non-union Hostess employees.
"We deeply regret the necessity of today's decision, but we do not have the financial resources to weather an extended nationwide strike," said CEO Gregory Rayburn in a statement.
"It's been a very sad day," Rayburn told CNN. "I think that this was just a monumental failure on the part of everyone involved, and it was just the wrong outcome."
On the up side, some company could step in and save the day.
Hostess will move to sell its assets to the highest bidder. That could mean new life for some of its most popular products, which could be scooped up at auction and attached to products from other companies.
A letter that Hostess sent to its network of stores that carry its product said it expects "there will be great interest in our brands." But it said it could not give a time frame for when the sales would take place and when its products would be available again.
I certainly feel empathy for those losing their jobs (having been out of a full time job since the week of Barry's coronation
...(E)ven if those brands are bought and restarted, the Hostess workers will not get their jobs back.