Labor

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).