Posted On: 11/16/2012 9:40:12 AM
Post# of 1903
| Hostess Twinkies being prepared for packaging at the Hostess Brands bakery in Schiller Park in 2005. (Tim Boyle/Getty Images) 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 workers. The move could mean nearly 600 jobs lost at bakeries in Schiller Park and Hodgkins. Twinkies maker Hostess going out of business The closing will result in Hostess' nearly 18,500 workers losing their jobs as the company shuts 33 bakeries and 565 distribution centers nationwide, as well as 570 outlet stores. The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union represents around 5,000 Hostess employees. |
(0)
(0)
