Fans of Hostess Twinkies, Ho Hos and Ding Dongs are going to have to find new fixes before much longer. The Texas-based company has announced it plans to call it quits. Tuesday is expected to be the last day.
The move comes on the heels of a national worker strike and may impact an estimated 18,500 jobs across America. The company filed for Chapter 11 bankruptcy protection earlier this year.
“Hostess Brands is unprofitable under its current cost structure, much of which is determined by union wages and pension costs,” a company press release stated, according to the Huffington Post.
On its website, Hostess said, "We are sorry to announce that Hostess Brands, Inc. has been forced by a Bakers Union strike to shut down all operations and sell all company assets."
Frank Hurt, president of the Bakers Union, however, blames bad business practices for the demise of Hostess Twinkies, not the union.
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