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marmar

(77,086 posts)
Fri Nov 23, 2012, 01:14 PM Nov 2012

Mediation Fails to Resolve Hostess Strike — Owners Intent on Dissolving the Company


from In These Times:


Mediation Fails to Resolve Hostess Strike — Owners Intent on Dissolving the Company
By Bruce Vail


A national strike against Hostess Brands, the makers of Twinkies and Wonder Bread, continued today as a last-ditch attempt at mediation failed and the owners of the company moved toward the final shuttering of the company and the elimination of about 18,000 jobs.

A federal bankruptcy judge attempted Tuesday to mediate the strike by the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM), but no agreement was reached, according to a statement from Hostess Brands. The company said it intended to seek approvals from the court to close down the company permanently.

Judge Robert Drain of the U.S. Bankruptcy Court for the Southern District of New York agreed to personally mediate the BCTGM strike that began Nov. 9, but his offer came only after Hostess CEO Gregory Raymond announced Nov. 16 that he would close the company for good.

BCTGM spokesperson Corrina Christensen told Working In These Times that the union would have no immediate comment on the mediation talks. Some 5,000 BCTGM members are still on strike, she said, with active picket lines at many of Hostess’ 33 bakeries. ...............(more)

The complete piece is at: http://www.inthesetimes.com/working/entry/14222/mediation_fails_to_resolve_hostess_strike_owners_intent_on_dissolving_the_c/



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Mediation Fails to Resolve Hostess Strike — Owners Intent on Dissolving the Company (Original Post) marmar Nov 2012 OP
They may try to dissolve the company SirRevolutionary Nov 2012 #1
Trying to destroy the evidence aletier_v Nov 2012 #2
Yep. ChisolmTrailDem Nov 2012 #3

SirRevolutionary

(579 posts)
1. They may try to dissolve the company
Fri Nov 23, 2012, 01:25 PM
Nov 2012

but one thing that will never dissolve are their products. Twinkies will lay dormant in the soil for many decades to come and for future visitors to our planet to ponder.

 

ChisolmTrailDem

(9,463 posts)
3. Yep.
Fri Nov 23, 2012, 01:46 PM
Nov 2012

The company was run into the ground by its upper management and now they are attempting to get out of Dodge before sunset.

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