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Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 734755  
Subject: oh no...no more Twinkies? Date: 11/13/2012 3:16 PM
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Twinkie-maker Hostess Brands said Monday that it could go into liquidation if its bakers continue striking in protest against a new contract imposed in bankruptcy court.

The company announced Monday that it was closing bakeries in Seattle, St. Louis and Cincinnati in response to the strike, cutting 627 jobs in total. The bakers’ strike, which began last week, continued Monday at around 24 of Hostess’ 36 plants, and Hostess CEO Greg Rayburn said the firm could close more bakeries or even move into liquidation if workers don’t return to their jobs soon.

“This is a situation that needs to be resolved in days and not weeks, so it’s really going to hinge on whether the bakers who are striking decide to come back to work,” Rayburn said.

The bakers’ union represents roughly 5,600 of the 18,500 workers at Hostess, according to Rayburn. He did not have an estimate for the number of workers on strike, but claimed that some had crossed picket lines to keep certain plants operational.


http://fox8.com/2012/11/13/labor-fight-could-kill-off-twinki...

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Dang Bush Tax cuts........(spelled U N I O N S )




t.
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