Hostess to Shut Down, 20,000 Workers to Lose Jobs
The Twinkies might last for decades, but Hostess is no more.
Friday, Hostess Brands Inc. asked a federal bankruptcy court for permission to shut down all of its plants, including the Sacramento facility, and to liquidate its business after 82 years of making some of the most popular treats in America.
Hostess managers say the November 9th nationwide strike is what finally killed the company.
Nearly 20,000 workers will lose their jobs, including the Sacramento-based employees.
This doesn’t mean that Twinkies and Wonder Bread will disappear from store shelves forever, though. Another company could purchase the assets out of bankruptcy and resurrect the 30 different brands.