Death of the Ding-Dong, Twinkie, Wonder Bread: Hostess to Close
Reports are that Hostess is starting to close down after a labor dispute. End of a beloved era, or good riddance to junk food heaven?
Twinkies. Hostess Cupcakes. Wonder Bread. Ding-dongs.
They will be gone forever, with reports that Hostess Brands, Inc., said Friday that it will sell off or close down its 82-year old business. Done in, the CEO claims, by labor union action.
Hostess filed for Chapter 11 bankruptcy protection in January.
The company has been challenged by not only by snarly labor relations, and a national strike by its second-largest labor union, but also, posits the Wall Street Journal, by consumers switching to healthier foods and high ingredient costs.
One caveat: The Journal says that Hostess has threatened liquidation before, and not followed through.
The move puts 18,500 workers out of their jobs, CNN reports.
What do you think about this end to a junk-food kingdom?
Tom
4:23 pm on Friday, November 16, 2012
Amazing how unions just dont get it. Take take take take ends up being NO JOB. It doesn't take a rocket scientist to figure it out. Thank God our rocket scientists are not in a union.
Daniel Fortworth
5:31 pm on Friday, November 16, 2012
I have to laugh. Unions love to cut off their noses to spite their face. Too funny. Now they're all out of a job. I only wish our municipal unions would strike so we can fire them all and start anew. It's the only way to stop the insane taxes in this State and town. Unions are the scourge of this country.
Dee Dee
11:52 pm on Friday, November 16, 2012
Looks like the Twinkie's are all loosing there job's. Awesome. Bye Bye have a great life now. LOL
Amelia Medeiros
2:09 pm on Saturday, November 17, 2012
Tom and Daniel above. I couldn't have said it better. I guess it is better not to have a job. The unions will eventually ruin this country but thank God by that time I won't be on this earth! Yes I agree let them strike, fire them and start anew. Remember the air traffic controllers who knew they were not allowed to strike!!!! Enough said.