Tag Archives: Hostess

Hostess Brands — already in bankruptcy — has decided to shut down because one of its unions refused to end a strike.

Be careful what you wish for: Hostess Brands — already in bankruptcy — has decided to shut down because one of its unions refused to end a strike.

The closing will result in Hostess’ nearly 18,500 workers losing their jobs as the company shuts 33 bakeries and 565 distribution centers nationwide, as well as 570 outlet stores. The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union represents around 5,000 Hostess employees. “We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” said CEO Gregory Rayburn in a statement.

So, because 5,000 union workers wanted more from a company that had nothing more to give, 18,500 lose their jobs, including those same union workers.

Sounds sensible, and right in line with most leftwing math.