On Fri, 16 Nov 2012 10:38:46 -0800, azotic wrote:

All Hostess Brands employees will lose their jobs in the coming weeks,
some sooner than others, the company announced Friday. The layoffs span
nationwide, and represent a deep cut in mid-wage jobs that often came
with benefits. The company had operated 33 bakeries, 565 distribution
centers and 570 outlet stores across the country. Many production
workers earned up to $20 an hour, plus had access to medical benefits,
according to Michael O'Brien, a former Hostess employee who had worked
at the company for 45 years, in various sales functions, before he was
offered a buyout last year.

A recent bakers strike was the final nail in the coffin, the company
said.

"Widespread strikes by the Bakers Union forced us to cease operations
because we can longer produce or delivery product."

http://money.cnn.com/2012/11/16/news.../hostess-jobs/

Best Regards
Tom.

"The industry has overcapacity. We're overcapacity. Our rivals are
overcapacity," Hostess CEO Gregory Rayburn said in an interview on CNBC.

Yup. It's definitely the unions' fault that the market for cheap
preservative-laden food has dried up and that someone had to go. Damn
those unions. Next they'll go and figure out a way to ruin the market
for buggy whips.

--
My liberal friends think I'm a conservative kook.
My conservative friends think I'm a liberal kook.
Why am I not happy that they have found common ground?

Tim Wescott, Communications, Control, Circuits & Software
http://www.wescottdesign.com