Twinkies maker Hostess seeks bankruptcy protection

Jan 11, 2012 Full story: KGWN 7

Hostess Brands Inc., the maker of Twinkies and Wonder Bread, is seeking bankruptcy protection, blaming its pension and medical benefits obligations, increased competition and tough economic conditions.

Full Story
joe lacey

Boston, MA

#1 Jan 11, 2012
The top 3 honcho's in this company should
be named Dumb,Dumber and STUPID!!!
RetBuckeyeBreadm an

Akron, OH

#2 Jan 11, 2012
Another GREAT AMERICAN COMPANY raped by poor management. They have no real sales experience. They ride a desk and have a vision. Get rich and get out. I am so sorry for my brothers who are stuck working and now worrying about their jobs. This sucks!
Jim

Cincinnati, OH

#3 Jan 12, 2012
Having worked for this company and retired after 30 years I feel for those still there. It was a great company when I retired (1999) and went quickly down hill shortly thereafter. I worked in the bread division and when the company changed it's shelf life on the product, from a couple of days to seven days, the bottom fell out. They always want to blame the Union and the Pension Fund but in reality, management should take responsibility for the downfall of this once great peace of American free enterprise.....
IBC employee

Ocean Park, WA

#4 Jan 12, 2012
How can you even dare to claim Pension Fund and Union wages, they haven't paid into the pension fund since last June, and we all basically took wage cuts 2 years ago when they came out last time around, no one that I know of has had a raise and in fact hourly workers have had their hours cut, most by 1/2 (of the people I know anyway)... So if that was their REAL problem then they shouldn't have to file again, correct???!!!!! Damn I'm mad. TELL THE TRUTH, or maybe workers should tell it for them since they don't know what the word "truth" means. I agree with another poster... time for this company to be a worker owned, we know what to do to make it work if let us, you stupid, stupid money hungry $%^&&*(*%$##
(by the way shall I mention that within a month of them coming out of bankruptcy last time workers were appalled that they continued on their same tactics that got them in hot water in the first place, we were betting a year and they would be back in trouble, but I guess a year wasn't time enough to funnel your bonuses and gross salaries into your overseas accounts)
ibc also

Bowling Green, KY

#5 Jan 12, 2012
IBC employee wrote:
How can you even dare to claim Pension Fund and Union wages, they haven't paid into the pension fund since last June, and we all basically took wage cuts 2 years ago when they came out last time around, no one that I know of has had a raise and in fact hourly workers have had their hours cut, most by 1/2 (of the people I know anyway)... So if that was their REAL problem then they shouldn't have to file again, correct???!!!!! Damn I'm mad. TELL THE TRUTH, or maybe workers should tell it for them since they don't know what the word "truth" means. I agree with another poster... time for this company to be a worker owned, we know what to do to make it work if let us, you stupid, stupid money hungry $%^&&*(*%$##
(by the way shall I mention that within a month of them coming out of bankruptcy last time workers were appalled that they continued on their same tactics that got them in hot water in the first place, we were betting a year and they would be back in trouble, but I guess a year wasn't time enough to funnel your bonuses and gross salaries into your overseas accounts)
yep the managment from the top suckssssssss

“Uzi Does It”

Since: Nov 08

UZILAND

#6 Jan 14, 2012
the company should get a nickle every time a nizzle says "ho's", for shizzle.
Warren Buffet

Kansas City, MO

#8 Jan 14, 2012
You figure after all the free product placement in "Zombieland" Twinkie futures would have outpaced crude.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Interstate Bakeries Discussions

Title Updated Last By Comments
Twinkies still on the table: Judge orders Hoste... (Nov '12) Jan '14 corey 93
Court approves sale of last of core Hostess assets (Jun '13) Dec '13 corey 5
New Hostess owner prepares to re-start Ga. plant (Jun '13) Dec '13 Frisbee 65
Your union (Oct '13) Oct '13 FORMER UNION FOOL 2
Where will Hostess Brands pull out of next? (Sep '11) Jul '13 crazy 59
Homicides in Newport News, 2007 (Nov '07) Jul '13 she was my bff 11
Twinkies could be back on store shelves by summer (Apr '13) May '13 Dude 10

Interstate Bakeries People Search

Addresses and phone numbers for FREE