Results 1 to 5 of 5
  1. #1 Twinkies are back, but most jobs are not 
    PORCUS MAXIMUS Rockntractor's Avatar
    Join Date
    Apr 2009
    Location
    oklahoma
    Posts
    41,850
    Twinkies are back in stores. But most of the jobs of the people that make them won't be returning any time soon.

    There were 18,500 people working for Hostess Brands when the company went bankrupt in November, making Twinkies, Wonder Bread and a variety of other brands.

    But only about 20% to 25% of those jobs will end up returning when all the brands are up and running again, according to estimates by Natalie Everett, a bread and snack industry analyst with IBISWorld.

    Typically, companies that buy iconic brands like those produced by Hostess invest in equipment and machinery to replace laborers -- which is why the jobs aren't coming back, Everett said.

    Hostess had two main unions when it went under: About 6,600 employees were members of a bakers' union and worked at 33 bakeries nationwide, and 7,500 were drivers who belonged to the Teamsters union.

    Hostess announced plans to liquidate in November after offering workers a new contract with reduced wages and benefits. The Teamsters accepted the deal, but the bakers' union rejected it. Hostess management blamed the bakers for forcing the company to shut down.

    Related: New Twinkies will double their shelf life

    Twinkies and a number of other Hostess snack brands were purchased by a joint venture of Apollo Global Management and Metropoulos & Co. The new company bought five bakeries but will only operate four.
    Read More>http://money.cnn.com/2013/07/15/news...source=cnn_bin
    How is obama working out for you?
    http://i686.photobucket.com/albums/vv230/upyourstruly/5d569df9-186a-477b-a665-3ea8a8b9b655_zpse9003e54.jpg
    Reply With Quote  
     

  2. #2  
    Member laalt's Avatar
    Join Date
    Jun 2013
    Location
    Baton Rouge LA
    Posts
    42
    So the chant shouldn't be "no Justis, no peace" it should be "no jobs, no Twinkies"
    Mark - Laugh At A Libtard

    Words to the Wise (blog)
    Reply With Quote  
     

  3. #3  
    eeeevil Sith Admin SarasotaRepub's Avatar
    Join Date
    Mar 2002
    Location
    Sarasota,FL
    Posts
    42,744
    Thank The Emperor they are back!!!
    May the FORCE be with you!
    Reply With Quote  
     

  4. #4  
    Power CUer noonwitch's Avatar
    Join Date
    Oct 2008
    Location
    Warren, MI
    Posts
    12,408
    Who cares about Twinkies? There's no chocolate in them.


    Ding Dongs, on the other hand, are a gift from Heaven.
    Reply With Quote  
     

  5. #5  
    eeeevil Sith Admin SarasotaRepub's Avatar
    Join Date
    Mar 2002
    Location
    Sarasota,FL
    Posts
    42,744
    Quote Originally Posted by noonwitch View Post
    Who cares about Twinkies? There's no chocolate in them.

    NO,No,no!!! They make chocolate creme filled Twinkies!!!!

    May the FORCE be with you!
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •