I see two things happening.
1) they sell rights to another company.
2) they open a new business in states that have right to work.

OK ,  I can't resist
 


 

lol at people blaming the unions.
 
I'm just going to laugh and leave.
hahahaah....

I wasnt a huge Twinky fan, but i did love Hostess.  Used to be a Hostess Snack Shop in town, used to buy all my bread products and snacks there.  I remember getting to go with my dad 20 some years ago :D  It closed down about a year ago. Was actually blamed on the road construction going thru town to make a 2 lane into 4. A steakhouse, comedy club, rib shack and the coveted Hostess Snack Shop closed. 2.5 years and the construction still is only half a mile down the road.  Few weeks back on my Triumph and there was a guy holding a stop sign. Well right b4 he motions for me to go a cement truck drives across the street dumping fresh cement allover. Waited another 15 minutes for them to clean it up.  Sure enough even though traffic was totally backed up, 7 guys and 1 girl standing around or sitting....2 workers cleaning it up.   Ahh crap went off topic there.. 
 
 
This is what I think of every time "I" hear TWINKY!!!!!
 

Blame it on people trying to eat more healthy!
 
Also am i the only one who finds this funny?
That they went on strike and ended up striking themselves out of a job?
 
We dislike our working conditions and pay! Opps.... Now we do not have a job because they company went down... Our bad.
 
I am sure there is more then this to it. But it is just the way it looks on the outside.
 
It seems like the company was losing money, They had to cut cost. SO the picked keeping everyone at a lower pay. So more people working but at less pay...

The funny thing is, If they would have went the "meaner" route and just fired off people to cut the cost they would still be in business. But they are the bad guys for just trying to stay in business and keep these people in a job. The unions had no idea just how much the company was losing or that they had to do that to stay afloat.
 
But why didn't they just fire off the workers to lower cost and keep the remainder at the higher pay?
 
I bet that was the unions. They could not fire them.
 
So this seems like. Company losing money and have to cute wages or jobs> Unions says no to both options and going on strike> Strike ends up making this worse for the company so they have to go down > Everyone now does not have a job instead of getting paid less or only a few getting fired....
 
In this case the needs of the many did not out way the needs of the few. The needs of the few said screw everyone else if we are getting screwed.

The true loss involved is not just the loss of the products that many of use grew up with, but also the pensions of the employees. 

Either way, $9 an hour is a whole lot better than $0 an hour.

“The truth is that Hostess workers and their Union have absolutely no responsibility for the failure of this   company.  That responsibility rests squarely on the shoulders of the company’s decision makers,” Frank Hurt, BCTGM International Union President, said in a separate statement released on Wednesday.

Nex_Lupus

2 things. unions used to protect the worker so unions used to be not bad but most tend to suck up any money they can from workers.

another thing is i never liked twinkies and im lactose intolerant so cant eat any of their stuff anymore anyway so no skin off my back

but 1 major downside. theres only 2 things that survive a nuclear holocaust. Roaches and Twinkies. we are doomed in the even of a nuclear cataclysm

 
They already busted the myth of Twinkies surviving that long.

Halfdead14 

“The truth is that Hostess workers and their Union have absolutely no responsibility for the failure of this   company.  That responsibility rests squarely on the shoulders of the company’s decision makers,” Frank Hurt, BCTGM International Union President, said in a separate statement released on Wednesday. 

 
  
This is my thought on unions: 
http://mises.org/daily/2124 
  
Unchecked entitlement is a cancer to society. Their self-interests are incapable of being balanced with the interests of the environment they live in. They are a parasitical existence where they take more than they give. In this case they would rather watch their workplace implode than to compromise. Enjoy that unemployment check while you get fat playing WoW 18 hours a day in your mother's basement complaining how Hostess screwed you. Me stating that will probably get me the ire of people exploiting it though. 

revenantx02

Brad_Hawthorne

Halfdead14 

“The truth is that Hostess workers and their Union have absolutely no responsibility for the failure of this   company.  That responsibility rests squarely on the shoulders of the company’s decision makers,” Frank Hurt, BCTGM International Union President, said in a separate statement released on Wednesday. 

 

This is my thought on unions: 
http://mises.org/daily/2124 

Unchecked entitlement is a cancer to society. Their self-interests are incapable of being balanced with the interests of their workplace. In this case they would rather watch their workplace implode than to compromise. Enjoy that unemployment check while you get fat playing WoW 18 hours a day in your mother's basement complaining how Hostess screwed you. Me stating that will probably get me the ire of people exploiting it though. 

I was too lazy to read that whole article, I don't really care for GM anyway.
It did make me think though "atleast hostess didn't take a several hundred million dollar bail out from the government". 

I agree. People will take issue with my stance because I'm not sugar coating my thoughts on the subject though.
 
Ultimately, we all dig our own graves in life. We are where we put ourselves and our actions have consequences. It is silly they stated that the workforce had no part in the health of a company. The workforce and their proxy have a significant role in the health of their work environment. Do they only claim credit when it puts them in a good light?
 
I do see the ultimate humor that the Twinkie is dead considering it's part of pop culture.

This thread has been OK so far. I wanted to give a quick pre-warning not to let this spill over into politics because sometimes it is coming close. 

Major problems in America when a icon like this closes down.

phades
The illusion of choice was pretty bad in this situation.

That makes a false assumption that years of bad choices didn't occur to get to this point. There are only illusions for people who can't see the forest through the trees. It's always someone else's fault things happen. People are pros at passing the buck. Part of your job as an employee is to work towards solvency of the business.

Brad_Hawthorne Part of your job as an employee is to work towards solvency of the business.

They should have canned the folks that made the choices to acquire the other buisnesses that didn't perform as well in the 90s, in addition to change distribution and ingredient forms leading to further waste or the folks that continued those trends without updating the product lines leading up towards the 2004 bankruptcy filing.
 
Nah, lets instead give them a 1.5 million dollar raise and blame the cooks and line workers....
 
Yeah, that makes sense. C'mon brad...