Twinkies are not the only thing people are crying over/How about jobs?

By
Real Estate Broker/Owner with Sunset Beach and Beyond Realty

 

Twinkies are not the only thing people are crying over/

How about jobs?

 
Hostess, Drakes, Dolly Madison are some of the more popular Hostess brands that will be sold in the bankruptcy.
 
There are other Hostess trademark products that will be sold like Wonder, Nature's Pride, Merita, Home Pride, Beefsteak and Butternut.
 
Now stop and think for a moment about the closure of 33 bakeries, 565 distribution centers and 570 bakery outlet stores.

All these people will be out of a job who work there.
 
How about the 5,500 delivery routes ... no jobs for the drivers.  

There will be an estimate of 18,500 people out of work due to the bankrupcty of the Hostess company.

Now these are Real Issues of Concern!!
Not how much you can sell your Twinkies on eBay for??!!
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Rainmaker
550,556
Jeffrey Jones
AZ Home Seekers - San Tan Valley, AZ
AZ Home Seekers, azhomeseekers.com

Thats a lot of jobs effecting alot of mortgages, at least it will be spread out over the US.

nobody wants to see higher unemployment right now, its a shame.

Nov 18, 2012 06:22 AM #1
Rainmaker
531,807
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...

Jeff ~> Rumor has it that there are many issues to the bankruptcy and greed was a major one!!

Nov 18, 2012 06:24 AM #2
Ambassador
2,016,370
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

I believe I had a heard  rumors last year that twinkies and Hostess were going under very sad state of affairs

Nov 18, 2012 06:50 AM #3
Rainmaker
1,267,934
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Nice post karen and Frank. Have a great day and a great week. 

Nov 18, 2012 06:53 AM #4
Rainmaker
531,807
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...

Hannah ~> Yes it is a sad time for Hostess and they claim the strike put them over the edge .. to bankruptcy.

Alan ~} Thanks and early congratulations to your newest milestone 400,000 points.

Nov 18, 2012 06:58 AM #5
Rainmaker
1,231,318
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

With all the hoopla about missing Twinkies and other delights I only heard jobs mentioned ONCE byt the media.  So sad that we are more concerned about not having a Twinkie.

Nov 18, 2012 07:05 AM #6
Rainmaker
531,807
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...

Mary ~ How true and the job situation is only an estimate. Who knows?

Nov 18, 2012 07:08 AM #7
Rainmaker
592,940
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

Hostess had already been in bankruptcy and a venture capitalist put $130 million in the company to try and get it going again. Costs were to high and they could not bring them down, so they did not throw good money after bad. Too bad those unions didn't have the same pull with Congress and the Pres so they could get a bailout, too.

Nov 18, 2012 07:43 AM #8
Rainmaker
531,807
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...
Than ~> we also read about the union issues. It is unfortunate their chapter 11 couldn't be helped.
Nov 18, 2012 08:51 AM #9
Rainmaker
524,596
Ralph Janisch ABR CRS Broker
Janisch & Co. - Conroe, TX
Selling Northwest Houston to good people like you!

Indeed it is sad that people are lamenting the loss of twinkies with just passing mention of all the jobs lost and lives disrupted.  

Nov 18, 2012 08:56 AM #10
Rainmaker
531,807
Karen Baker
Sunset Beach and Beyond Realty - Sunset Beach, NC
Professional Help with Rapid Responses...
Ralph and Jeanne ~> Seems like some people have their priorities focused in the wrong direction.
Nov 18, 2012 09:10 AM #11
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Rainmaker
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Karen Baker

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