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Hostess to Liquidate Because of Union: 18,500 Lose Their Jobs

Well, it was announced yesterday morning.  Hostess, the maker of such foods as Twinkies, Ho-Ho’s, and Wonder Bread, is liquidating all of their assets.  The cause is simple and obvious-organized labor.  Michelle Malkin has the details… This morning Hostess announced it was closing down. The union rejected a proposed 8 percent wage cut, and the end result is a 100 percent wage cut for over 18,000 workers: Hostess, the makers of Twinkies, Ding Dongs and Wonder Bread, is going out of business after striking workers failed to heed a Thursday deadline to return to work, the company said. “We deeply regret the […]

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