Will anyone miss Twinkies?

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C

celestemekent

Banned
#1
Sep 7, 2012
532
0
0
#1
Seems that the manufacturer of Twinkies is going bankrupt, frankly I just don't eat them at all In fact I don't know anyone who actually eats that particular snack. Maybe our society can be free from them soon?

It has been said that only Twinkies and roaches will survive a nuclear war.

Anyone want to shed a tear in their passing?
 
Dude653

Dude653

Senior Member
#2
Mar 19, 2011
12,348
1,045
113
#2
Hostess is gone, what shall we do
No more Twinkies or Suzy Q's
Nothing adds to a coffee break
Like like snowball, Zingers or coffee cakes

They've been with us for so many years
Those little snack cakes so well endeared
But I guess it's all come to a close
no more Cup cakes, no more Ho Ho's
 
B

BarlyGurl

Guest
#3
#3
what are twinkies??? ;o)
 
L

libertygirl

Guest
#4
#4
I haven't had a Twinkie since I was a little girl. I used to love them, I guess I should have one before they're gone forever. I did find a Twinkie recipe online, hopefully it will taste the same. Link: Homemade Twinkies Recipe | Leite's Culinaria
 
H

HeavenlyWarrior

Banned
#5
Oct 27, 2012
300
5
0
#5
While kids and others may like them, I always refrained from eating them due to the non-nutritious ingredients in them such as sugar content, etc. as those in the know have been informing us of for quite some time. That alone, kept me from eating them. So, no I would not miss them but I wish the company well all the same. I just further wish that they could have created a cake, cookie, or snack that was truly and wholly nutritious and to be considered healthy food by those who told us to stay away from them.
 
Shilo

Shilo

Senior Member
#6
Aug 31, 2011
1,974
102
63
#6
We should me sad and shed tears for the 18,500 people out of work and their families. We should shed tears that a Union that is suppose to help people just help them right out of a job. What about all their retirement plans , I don’t think a company that does not exists will have to pay those pensions. When greed takes over this is what happens. In this day and age they should have been happy just to have a job. Be thankful for what you have been give because you don’t know how long you will get to keep it.
 
V

violakat

Guest
#7
#7
Celeste, are you more concerned about the health of a person, or do you also care about where this person is going to get his next paycheck.

Personally, I think we need to be a little less concerned about our waistline and more concerned about how the 18 thousand plus individuals are going to survive. While Unions can do a lot of good things, they also end up doing a lot of bad things, with disastrous consequences. And this is one of those consequences. We need to realize, that if we don't create a balance between our needs and wants, that a lot more companies will go bankrupt.
 
S

simplyme_bekah

Guest
#8
#8
Yes! Yes! Yes! What a sad day :( Oh how horrible!!!! I just realized they make zingers and those are my very favorite of all!!! :( haha oh well one less thing to make me fatter.
 
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AAAPlus

AAAPlus

Senior Member
#9
Aug 2, 2011
601
10
18
#9
Keep in mind that the demise of Hostess doesn't mean the end of Twinkies. They are selling all of their assets, including the Twinkies trademark and recipe. I'm not sure how well these were selling in the first place, but if they were doing well, it's likely that another company will pick them up and continue producing them. That's what Kelloggs did with the Circus Animals frosted animal cookies when Mother's went out of business.
 
H

Hellooo

Guest
#10
#10
We may not be seeing the last of Twinkies....some of the Hostess brands are attractive enough for several food corporations to potentially jump on.
 
H

Hellooo

Guest
#11
#11
AAA, you read my mind.

the company's products are not the heart of the problem.
 
A

anonymous04

Guest
#12
#12
Only Tallahasee will be sad.
 
C

celestemekent

Banned
#14
Sep 7, 2012
532
0
0
#14
If any of those 18,000+ workers could not see the end coming they were blind deaf and dumb. Their output was dwindling over the last 10 years and they probably did not want to drag it along forever. How often are you willing to take cuts in your monthly pay just to keep a job? It was completely remarkable that the Teamsters, of all people, accepted that pay cut and the other union did not.

That and being the ones who were at least half responsible for the obesity epidemic with all their nutrition-less snack cakes.

btw our local Hostess outlet store was cleaned out completely today. People bought whole pallets of those cakes and anything else they could get their hands on.
 
C

celestemekent

Banned
#15
Sep 7, 2012
532
0
0
#15
Today, Hostess Brands inc. — the company famed for its sickly sweet desert snacks like Twinkies and Sno Balls — announced they’d be shuttering after more than eighty years of production.
But while headlines have been quick to blame unions for the downfall of the company there’s actually more to the story: While the company was filing for bankruptcy, for the second time, earlier this year, it actually tripled its CEO’s pay, and increased other executives’ compensation by as much as 80 percent.
At the time, creditors warned that the decision signaled an attempt to “sidestep” bankruptcy rules, potentially as a means for trying to keep the executive at a failing company. The Confectionery, Tobacco Workers & Grain Millers International Union pointed this out in their written reaction to the news that the business is closing:
BCTGM members are well aware that as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.
​
Certainly, the company agreed to an out-sized pension debt, but the decision to pay executives more while scorning employee contracts during a bankruptcy reflects a lack of good managerial judgement.
 
S

See_KING_Truth

Guest
#16
#16
I've seen boxes of Twinkies going for hundreds, even thousands of dollars on Ebay.
 
Pen014

Pen014

Banned
#17
Nov 7, 2012
210
1
0
#17
sort of like that movie zombieland
 
RickyZ

RickyZ

Senior Member
#18
Sep 20, 2012
9,635
787
113
#18
celestemekent said:
Today, Hostess Brands inc. — the company famed for its sickly sweet desert snacks like Twinkies and Sno Balls — announced they’d be shuttering after more than eighty years of production.
But while headlines have been quick to blame unions for the downfall of the company there’s actually more to the story: While the company was filing for bankruptcy, for the second time, earlier this year, it actually tripled its CEO’s pay, and increased other executives’ compensation by as much as 80 percent.
At the time, creditors warned that the decision signaled an attempt to “sidestep” bankruptcy rules, potentially as a means for trying to keep the executive at a failing company. The Confectionery, Tobacco Workers & Grain Millers International Union pointed this out in their written reaction to the news that the business is closing:
BCTGM members are well aware that as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.
​
Certainly, the company agreed to an out-sized pension debt, but the decision to pay executives more while scorning employee contracts during a bankruptcy reflects a lack of good managerial judgement.
Click to expand...

Some interesting stats on Hostess pay:

Hostess pay raises approved in late July 2012:

Brian Driscoll, CEO, around $750,000 to $2,550,000.

Gary Wandschneider; EVP, $500,000 to $900,000.​

John Stewart, EVP, $400,000 to $700,000.

David Loeseq EVP, $375,000 to $656,256.​

Kent Magill, EVP, $375,000 to $656,256.​

Richard Seban, EVP, $375,000 to $656,256.​

John Akeson, SVP, $300,000 to $480,000.​

Steven Birgfeld, SVP, $240,000 to $360,000.​

Martha Ross, SVP, $240,000 to $360,000.

Rob Kissiclq SVP, $182,000 to $273,008.​

The average yearly cost per employee with benefits is $50,000.​

Hostess was looking for an 8% pay cut, and to cease all contributions to pensions and health care for the employees.​
 
NightHawK877

NightHawK877

Member
#19
Oct 14, 2012
52
6
8
33
#19
Hostess may be going under, but its brands will be sold.
 
H

Hellooo

Guest
#20
#20
All the twinkie talk inspired me to walk down to the store to get a twinkie or a zebra cake, but they were all out. :(

Anyone who buys a twinkie for a grand is going to feel real bad if/when they pop up again under another food corp, but its funny how quickly a secondary market for twinkies has sprung up. It's like the Dutch tulip craze of the 1600s.
 
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