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Hostess Lays Off 15,000 Workers

Hostess Brands Inc. won interim approval from a bankruptcy judge to shut down and take steps to sell the Twinkie maker’s assets after mediation with its bakers’ union failed to resolve a contract dispute, leaving more than 18,000 jobs at risk. U.S. Bankruptcy Judge Robert Drain today approved Hostess’s request to close at a hearing in White Plains, New York. Chief Executive Officer Gregory Rayburn said 15,000 workers will be fired today so they can start receiving unemployment benefits. Hostess said Nov. 16 that it needed to liquidate because a weeklong strike by its bakers’ union crippled operations/Bloomberg. More here.

Question: Did the bakers' union lead members astray?


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About this blog

D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Print Huckleberries is a past winner of the Herb Caen Memorial Column contest by the National Association of Newspaper Columnists. The Readership Institute of Northwestern University cited this blog as a good example of online community journalism.

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