Today, Hostess Brands Inc. announced that they would be shutting down their American production, ending more than eighty years of delicious Twinkies, Ho Hos, Ding Dongs, and Fruit Pies. The owners are saying that the unions are bleeding them dry, but it seems that the CEO’s salary was tripled earlier this year and several other top executives got their salaries doubled. So yeah, those unions are REALLY screwing Hostess. Regardless, lunches will never be the same.
At least in the United States. Up here in Canada, another company owns the Hostess brand and will keep cranking out the delicious, seemingly immortal treats. I’m thinking about setting up a Hostess smuggling syndicate to meet the cream-filled snack needs of my neighbours to the South.
In honour of the end of Hostess in America, here’s a classic Twinkies ad from the 1970s with Wonder Woman battling a bizarrely created giant, Cooky La Moo!! You’ll never guess what ends up saving the day:
Tags: Ding Dongs, Fruit Pies, Ho Hos, Hostess, Twinkies, Wonder Woman
November 16, 2012 at 8:01 pm |
Yeah if you read Huffington Post instead of Think Progress, you’d see buried in the story that the CEO and other executives had their pay cut to A DOLLAR during the bankruptcy. I’m sure that dollar pay was really at fault. http://www.huffingtonpost.com/2012/11/16/gregory-rayburn-raise_n_2147043.html
November 16, 2012 at 8:15 pm |
Interesting. It seems that they cut their pay to a dollar only AFTER the story of their massive raises came out, and that the raises took place while they were planning the restructure. It sort of sounds like they were loading up on cash, knowing the ship was going down, and got caught doing so.
November 17, 2012 at 10:10 am |
You go girl. I worked there for 35 years and January they sent our jobs overseas. The employee’s did not cause this the money grabbing higher ups did. Also the owners didn’t know how to run a baking bussiness and won’t listen to the people that did. Sorry for all the people who hung in there and support them all the way.