General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHostess Has Shut Down Its Website
Here's what's on the home page:
We are sorry to announce that Hostess Brands, Inc. has been forced by a Bakers Union strike to shut down all operations and sell all company assets. For more information, go to hostessbrands.info. Thank you for all of your loyalty and support over the years.
See for yourself at:
http://hostessbrands.com
MineralMan
(146,314 posts)The rest of the site still exists, but the home page re-directs to this page.
hedgehog
(36,286 posts)"The Board of Directors authorized the wind down of Hostess Brands to preserve and maximize the value of the estate"
MineralMan
(146,314 posts)They've been in a financial disaster zone for a long time. They're using this excuse to bail, I think.
Cal Carpenter
(4,959 posts)Blaming the workers. Fucking fuckhead asshole vultures.
Another victory for capitalism
MineralMan
(146,314 posts)Early retirement for them, with bags of money taken away from the liquidation of assets.
slackmaster
(60,567 posts)RomneyLies
(3,333 posts)IT also has nothing to do with the strike.
It has everything to do with management looking for a scapegoat for their incompetent management of the company, pushing the workers to the brink to force a strike, then laying the blame on the union.
PD Turk
(1,289 posts)It's another company harvested by a hedge fund, the execs bail out with a golden parachute and the workers can fuck off. At least the workers went out withe their heads held high on this one.
JohnnyRingo
(18,633 posts)Wherever will we get our required daily dose of hydrogenated animal fat now? Hahaha
I'll never believe they closed because of a strike. That'd be like blowing your head off to save money on aspirin. Hostess had deeper problems that could be blamed on the board of directors.
demwing
(16,916 posts)but not Wonder Bread.
Hostess has to be one of the worst companies ever - carries much responsibility for the fattening of America.
longship
(40,416 posts)Yummy coconut.
And no, I am neither obese nor even overweight. Just love sweets once in a while.
Brickbat
(19,339 posts)Shameful.