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Comment by Gumbo123 on November 16, 2012 at 6:03pm

This is indeed a very sad day for Texas and the faux-pastry eating world.  I guess we'll soon get to test out that old theory about Twinkies having a 30-year half life on store shelves.  Just another sign of the coming apocolypse.

 

File photo of a twin pack of Hostess Twinkies and CupCakes, PAUL J. RICHARDS, AFP, Getty Images

Twinkies maker Hostess going out of business

Nearly 18,500 workers will lose their jobs as the company succumbs to the crippling effects of a nationwide union strike.

By MSNMoney partner 9 hours ago
 
By Tanya Agrawal, Reuters

Hostess Brands, the bankrupt maker of Twinkies and Wonder Bread, said it has sought court permission to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers.

Hostess said a national strike by members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union that began last week had crippled its ability to produce and deliver products at several facilities.

The liquidation of the company will mean that most of its 18,500 employees will lose their jobs, Hostess said on Friday.

The 82-year-old company said it took the decision to shut down after determining that not enough employees had returned to work by a deadline on Thursday.

Comment by Silent Siren on November 16, 2012 at 4:54pm

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Created by Link (Chiasquatch) Jan 18, 2011 at 10:17am. Last updated by Gumbo123 Jan 6.

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