Hostess Brands Inc, the maker of Twinkies and Wonder Bread, said it will ask a bankruptcy judge for permission to liquidate after failing to obtain wage and benefit cuts from thousands of its bakery workers.
The company said a strike by members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union that started last week was too much to overcome.
all 18,000 workers laid off! But, of course, it was management’s fault.
Hostess Brands permanently closed three bakeries Monday, including a plant in St. Louis where 365 jobs were cut, in response to a bakers’ union strike that started Friday.
The bankrupt maker of Twinkies and Wonder bread said it’s trying to avert liquidating the entire company, and it shuttered three plants that were no longer able to produce and deliver products because of picket lines. The other plant closures are in Seattle and Cincinnati, where a combined 262 jobs were cut.
“We deeply regret this decision, but we have repeatedly explained that we will close facilities that are no longer able to produce and deliver products because of a work stoppage — and that we will close the entire company if widespread strikes cripple our business,” Hostess CEO Gregory Rayburn said in a statement.
My biological mother gave me a bag of Hostess donuts the other day because she didn’t like them. I gave them to the kids – and vowed not to buy anymore Hostess products when I saw the Union stamp on the bag. That hasn’t changed for me, but I applaud them for sticking to their guns!
I will no longer knowingly buy any products manufactured with union labor! I don’t care if I have to personally boycott every single product on the planet. No more giving my money to people who hate me.Share