Skip to comments.Hostess sends layoff notices to all workers (more-than 18,000)
Posted on 05/07/2012 5:21:52 PM PDT by MamaDearest
Hostess Brands Inc. on Friday sent out letters notifying its more-than 18,000 workers that they could be laid off in the next two months.
The maker of Twinkies and Wonder Bread on Friday mailed out WARN Act notices to all of its employees, a Hostess spokeswoman confirmed to Bankruptcy Beat Monday. The federal WARN Act requires companies to give employees 60 days notice before closing a facility or ordering mass layoffs. However, sending the notices doesnt mean a company is definitely going to lay off the recipients.
(Excerpt) Read more at blogs.wsj.com ...
oops make that rationalized on last post
I can’t believe the prices on snack cakes in stores today; like candy bars, I simply refuse to buy them at those prices (as I get older I crave them less and less, like fast food). I don’t know what impact unions have on those prices, but I’m sure some of it is the underlying commmodities used as ingredients and a big part of it is the unreported inflation driving everything up.
I heard a deli owner complaining about them, as they sit on his shelves taking up space and don’t move until their expiration nears and a bright orange discount sticker is placed on them. I loved this stuff when I was younger, and could buy it with my paper-route money; I couldn’t imagine many 12 year-olds have the kind of money to buy them now.
Our children will definitely not have the standard of living we had, while we will never have the standard of living our parents had.
I guess there will always be Moon Pies.
Best if all this crap was off the market. Sugar is the root cause of the obesity and diabetes problem.
Eat only real food. Without a list of ingredients.
That is true.
Our parents use to give us a dollar when we went to school, even though we had free lunches. We got into the habits of buying a BOX of Little Debbie brownies (it was about 79 or 99 cents or something like that) and a bunch of cans of generic soda (they were like 10 cents a can).
We’d walk across the street and feed the empty cans into the automated canbank and take the change back to the store for more soda.
We didn’t watch TV and play video games all day back then either, so we weren’t too unhealthy.
Sad to see them decline, but their products got progressively smaller and more expensive, starting several years ago.
With any luck, they can retain their patented brands, and start again, if they care to move to right to work states.
The downward “progress” may have been a bi-product of the union label!
Their headquarters was moved to Texas, but you can’t deunionize just my moving to a right to work state.
Thnks for your suggestions. . . the little Debbie cupcakes may be the quick fix if the Ding Dongs go down.
Yeah, right, where are they going to find jobs, eh?
I think a lot of us are going to be getting used to generic soda again, and Little Debbies (as opposed to Hostess) and Utz chips (as opposed to Wise or Lays).
The soda itself is actually falling in price, because I think many Americans realize it is nasty (I still love it; it is liquid crack). I see a lot of 4/$5 deals in supermarkets (basically about $.85 per litre) - cheaper than some spring water. I’m sure they’re taking a beating by being tossed from many schools as well.
I am kind of addicted to soda and bread.
I wouldn’t be fat without those.
“Does anyone out there have a good copycat recipe for the Hostess Ding Dongs?”
I sure hope so! I have been known to eat an entire box in one sitting. My absolute favorite junk-food.
My oldest son has been with Hostess for 19 years. Maybe he can get the recipe before he gets laid off? If so, will ping you immediately.