Hostess terminating 15,000 employees after mediation fails (Photo: Bret Hartman / Reuters) It’s official. Twinkies are toast, at least as far as being a Hostess product is concerned. Hostess CEO Gregory Rayburn testified at a bankruptcy hearing Wednesday that he will have to terminate 15,000 employees, effective right away, after a last-ditch mediation session failed Tuesday night to find agreement between the unions and Hostess Brands. Read the complete story.
View Separately

Hostess terminating 15,000 employees after mediation fails

(Photo: Bret Hartman / Reuters)

It’s official. Twinkies are toast, at least as far as being a Hostess product is concerned.

Hostess CEO Gregory Rayburn testified at a bankruptcy hearing Wednesday that he will have to terminate 15,000 employees, effective right away, after a last-ditch mediation session failed Tuesday night to find agreement between the unions and Hostess Brands.

Read the complete story.

Source: lifeinc.today.com

15 Notes/ Hide

  1. maggie54 reblogged this from nbcnews
  2. ornamentedembellished reblogged this from downlo
  3. nboratv reblogged this from nbcnews
  4. downlo reblogged this from nbcnews and added:
    Oh just in time for Thanksgiving. Thanks, Hostess!
  5. bokbokspage reblogged this from nbcnews
  6. andrewalsoknownasandrew reblogged this from nbcnews
  7. getofftheinternerd reblogged this from nbcnews and added:
    Bye Twinkies freaking RIP
  8. nbcnews posted this