Former employees of Hostess Brands Inc. are now hoping that a buyer will save pieces of the liquidating company and put them back to work. Hostess set a 5 p.m. Nov. 15 deadline for workers involved in a union-organized strike to return to work. The company warned that if the ongoing labor strike continued it would force the company into liquidation, and it wasn’t bluffing — having announced plans to liquidate and lay off 18,000 employees. But now those that are out of work, including nearly 200 in Jacksonville, are hoping that someone will buy the
Comments: I´m sure the new owners would want to hire the same people who brought down the company. s/o What would you expect from the selfish idiots. I´m sure those thousands who lost their jobs are thrilled with their hollow victory. s/o
In the WSJ today, Frank Hurt (the idiot in charge of the bakers´ union) said that a new buyer could be suprred to offer a better deal after seeing the bakers´ negative reaction to Hostess´ proposal.
In his dreams. He´s responsible for 18,500 people losing their jobs. Very few of them (if any) will be offered jobs by whoever buys the rights to Hostess products. Most likely, production will move to right-to-work states with non-union labor.
Not to worry, Frank. I´m sure you´ll keep your big salary.
Have you ever noticed that the union "spokesperson" is always a wild eyed woman with a butt that is an ax handle broad and wears giant loop earrings? And has a voice that would spay a tom cat at a distance of 100 yards.
Never see a reasonable talking person as a union spokesperson.
Just remember that even the Teamsters accepted the 8% pay cut and there were many non-union Hostess workers. About 5,000 bakers union idiots lost 18,500 people their jobs. I would say the union bakers are the least likely to ever be reemployed as union bakers which is exactly what they deserve.
Rightio #9! Bimbo bought out Mrs Baird´s years ago--but they still ain´t baking bread in downtown Ft Worth anymore. BTW, ain´t it rich that these union idiots are hoping for someone to buy out a dead company to save them--I thought that was what they call "vulture capitalism"...
Notice that the hopes of the former workers are now news. Clearly, the union thinks they have some authority on where Hostess goes from here. The union and the employees are finished.
There are, however, no mentions of the hopes, dreams, and investment capital of the owners. Those are not news. But, it is strictly up to Hostess and their creditors on how the assets will be handled. Even if a ´savior´ is interested, the owners are under no obligation to cooperate. Hostess may be worth more in parts than as a whole.
The 18,000 former workers now have plenty of time to consider what they will or will not for do for various dollar amounts. Meanwhile, fat union leaders will have a fine Thanksgiving meal and plan their next walkout. Good luck, turkeys.
I hear the weather is great in Mexico. Unfortunately, they do not care for unions. I recommend that you contact Barack Obama at he big white house in Washington DC and see if he can continue to give you the typical handout....Obama phone.
Fat chance if another company wants the baggage of unions.
since these demo union thugs believe that no job is better than the job they had... one can only hope they will lose their homes, their savings, their kids have to drop out of college........and to this I would say and a Merry Christmas to you too.
If the union believes it was not the problem and that it was the management they can throw the thing into Chapter 7 and bid for it using union funds to buy the company and then they can run it themselves. Unions are like the old joke about the machine that is broken which shuts down the whole line until it can be fixed. The owner calls the engineer to come fix it and the engineer studies it and takes a hammer and bangs it once and the machine starts. The engineers charges $1,000. The owner demands an itemized statement and the engineer sends him one - hitting the machine with a hammer $10, knowing where to hit $990. The union is the $10 effort, they just forget that.
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