Hostess Employees Threaten Strike; Twinkies Could Disappear From Shelves
If your idea of weekend fun is a spliff and some Twinkies for the post-smoke munchies, get to the store right now and stock up. Hostess is in trouble, and a strike that could shut the company down for good is looming.
Dallas-based Hostess Brands, Inc. has filed for Chapter 11 bankruptcy for the second time, and is asking for serious cost-cutting measures from the Teamsters and its bakers' unions. Hostess wants concessions on workload, changes to the retirement savings plans, and they want the ability to outsource deliveries.
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