It's all been killed by the unions. In a perfect example of killing the goose that lays the golden egg.
Hostess said it will move to lay-off most of its 18,500-member workforce and "focus on selling its assets to the highest bidders.
We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strikeA lot of people will suddenly become unemployed because of the greedy mindset of union bosses.
Hostess Brands Inc. had warned employees that it would file to unwind its business and sell off assets if plant operations didn't return to normal levels by 5 p.m. Thursday. In announcing its decision, Hostess said its wind down would mean the closure of 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes and 570 bakery outlet stores in the United States.