A Follow Up On The Twinkies ——- Double Damn

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The privately-held company had reached a deal with the Teamsters, but a smaller union representing bakery workers refused to agree to concessions, prompting the mass layoffs and closing down of hundreds of plants, bakeries and delivery routes. That prompted harsh words from both the company and from Teamsters officials.

“We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” Chief Executive Gregory Rayburn said in a statement. “Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders.”

The company said it will continue to ship out its well-known products until inventory runs out.

On Thursday, Teamsters officials blasted the smaller union for not seeking a “solution” in the process or to engage in negotiations.

“The BCTGM chose a different path, as is their prerogative, to not substantively look for a solution or engage in the process,” the statement read. “BCTGM members were told there were better solutions than the final offer, although Judge Drain stated in his decision in bankruptcy court that no such solutions exist. Without complete information, BCTGM members voted by voice votes in union halls. The BCTGM reported that over 90 percent rejected the final offer and three of its units ratified the final offer.”

In a letter to  employees posted on the company’s website, Rayburn said all employees would eventually lose their jobs, some sooner than others.

Rayburn’s letter read. “As you know, for many months the Company has been working with our unions, lenders and other stakeholders to reach a consensual resolution to legacy costs and labor contracts. Despite everyone’s considerable efforts to move Hostess out of its restructuring, when we began implementing the Company’s last, best and final offer, the Bakers Union chose to stage a crippling strike.”

BCTGM workers began striking at some Hostess production facilities without notifying Teamsters officials on Nov. 9, the Teamsters said.

“This unannounced action put Teamster members in the difficult position of facing picket lines without knowing their right to honor such a line without being disciplined,” the statement continued.

Read more: here.

You know it’s bad when the Teamsters are critical of another union.  18,000 more jobs down the toilet.  I hope BCTGM leadership is proud.  I hope the workers can quickly find jobs, but, I doubt they will. 

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30 Responses to A Follow Up On The Twinkies ——- Double Damn

  1. leftinbrooklyn says:

    When we return from our commercial break:

    The White House to name it’s recommendation to fill the newly established ‘Twinkie Czar’ Cabinet position.

  2. philjourdan says:

    Actually, the Teamsters have always been the renegade Union. They backed Reagan when the entire AFL-CIO was dead set against him. That does not make them benevolent, just renegade.

  3. Jim Masterson says:

    It’s Bush’s fault.

    Jim

  4. tckev says:

    Executive Order #3,045
    Immediate:
    Rescue plan for Hostess Brands
    1. Make funds of $2 billion available.
    2. Mandate Twinkies to be issued with all food stamps.
    3. Military to institute twinkie breaks during training.
    4. All government contractors to show proof of Twinkies/Wonder bread purchase before payment.

    Barry O. President

  5. kim2ooo says:

    Reblogged this on Climate Ponderings and commented:
    And Fruit Pies! :(

  6. Me says:

    Fruit pies and ding dongs! :lol:

    • Martin C says:

      . .aaahhhh. . Hostess Fruit Pies were my FAVORITE when I was high school . . quite a long time ago . .!
      Ding Dongs were good, too . Twinkies were OK, but never cared fro them as much as the other two .

  7. Jim Masterson says:

    A couple of decades ago, I was watching a show where they were interviewing former citizens of the Soviet Union. The one thing they all liked and had never gotten in the old Soviet Union was bananas. So when bananas disappear from the grocery shelves, you know we’ve gone down big time.

    Ding Dongs now, bananas next.

    Jim

  8. Martin C says:

    A bit of topic for Hostess, but along the lines of ‘job cuts’ a la Obamacare . . I imagine some have heard about this already, but it’s worth continuing to pass along . . .

    http://www.onenewsnow.com/perspectives/michelle-malkin/2012/11/16/hows-that-obamacare-waiver-workin-out-for-ya

    I like reading Michelle Malkin, along with Thomas Sowell too . . . it will be interesting to see how the health care issue affects more businesses in the future . . .

  9. Jim Masterson says:

    From a Huff and Puff article today:

    “Aside from its unionized workforce, analysts, bankers and restructuring experts have said that a fleet of inefficient and out-of-date factories has also eaten up costs. They have said the brand names were likely to be more valuable once they were separated from the factories and sold to non-union competitors.”

    The unions stuck firm and kept to their values. Maybe Dings Dongs aren’t gone for good. They may be bought by non-union bakers

    Jim

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