Hostess snack company…NOT going out of buinsess just yet!!!

As I am sure most of you have heard the recent news that the maker of one of America’s most beloved snack treats, Hostess, announced Friday that it was going out of business due to an ongoing labor strike that stemmed from negotiation breakdowns between Hostess and it’s labor unions.Hostess announced that with it’s workforce of over 18,500 employees being on strike that it simply could not operate and since talks were going no where  the snack maker filed bankruptcy, and chose to liquidate all of its assets rather the go through the bankruptcy process and try to salvage the company. When news of the snack makers impending closure thousands upon thousands of Americas flocked to stores, grocers, gas stations and vending machines alike attempting to stock pile these Delicious confectionery treats and savor a tasty piece of American History.  Also, shortly after the company announced it’s plan to liquidate, talks resumed between Hostess and the Teamsters labor union. However, the bakers union was unwilling to budge on its position and did not accept any deals that were in place, so the company was forced to move forward with Liquidation.

HOWEVER, in a surprise announcement today a bankruptcy court judged ordered the two sides to sit back down at the mediation table and at least attempt to come to some type of agreement to not only save the 18,oo0+ jobs, but to also save a company that has been an American Classic for over 83 years. Hopefully the two sides can soon come to some type of agreement and save the jobs of so many employees and help keep the American economy from getting any worse. Now in my personal opinion i n o longer indulge in hostess snack cakes because i choose to life a healthier life style, but I do not see a problem in having Twinkie every now and again because let’s be honest…TWINKIES ARE  PRETTY AWESOME LOL not to mention I would hate to see so many thousands of Americans out of work. Below is an article form the New York times that describes the events in a little more detail.

http://dealbook.nytimes.com/2012/11/19/hostess-and-bakers-union-agree-to-mediation/

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About TrueSpeech

Hello World My Name is Rydell but you can call TrueSpeech. I am a young opinionated intellectual Imported from Detroit, here to present reality according to me. I love to voice my opinion and intelligently discuss and debate differing views with others whose views I respect. I speak as much Truth as possible and as raw as I can deliver because the truth should never be overcooked. These are my thoughts, this is my opinion.....this is my world. ~WELCOME TO REALITY ~

Posted on November 19, 2012, in Uncategorized and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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