Hostess Fires 15,000 Workers in Liquidation; Twinkies Silliness From Readers
Thursday, November 22, 2012 16:13
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by Mike Shedlock
MISH’S Global Economic Trend Analysis
The BBC reports Twinkies firm Hostess Brands wins liquidation bid.
Note that the first step in liquidation will be the firing of 15,000 workers including the closure of 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes and 570 bakery outlet stores.
At least a dozen readers sent emails in response to my previous two posts on Twinkies.
One misguided soul from the Netherlands wrote “Your article on the bankruptcy of Hostess is so extremely biased. I am NOT surprised because you’re ALWAYS bashing the unions.”
Continue Reading at GlobalEconomicAnalysis.Blogspot.com…
2012-11-22 16:02:30
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