Hostess Firing All Its Workers, Going Bankrupt After Union Refused to Compromise

The union's leaders, of course, will remain employed. Hope those dues were worth it!

Hostess Brands, maker of Twinkies and Wonder Bread, says it will fire all of its 17,780 workers and go out of business after employees refused to end a nationwide strike.

Hostess Brands, of Irving, announced the move this morning (Friday).