Hostess Starts Firing People
About 3K will hold on to jobs for a few months
By Kate Seamons, Newser Staff
Posted Nov 22, 2012 11:23 AM CST
Twinkies baked goods are displayed for sale at the Hostess Brands' bakery in Denver, Colo.   (AP Photo/Brennan Linsley)

(Newser) – Yesterday a judge gave Hostess the OK to start winding down its operations, and the Twinkies maker isn't wasting any time. Bloomberg reports that the company has begun firing employees, with the CEO saying Hostess intended to fire 15,000 workers yesterday so their unemployment benefits could kick in. Another 3,200 will hang on to their jobs in the short-term, in order to scrub the plants and, less delightful-sounding, mothball equipment. Reuters reports that they'll likely be out of a job within four months, as Hostess says that it expects to need only 200 employees by the end of March.

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Showing 3 of 73 comments
homer57
Nov 23, 2012 11:33 AM CST
The (UNDERLYING)problem here is NOT the corporate situation of greed, or modernization or any such problem...THERE is ONE problem w/this country and ONE problem alone. All the other problems are the outcropping and offshoot of the real problem and a result of the same! Hereit is: NO GOD! This nation in 1963/64/70 took God out of the schools and off the walls of (now In-justice) of courts cancelled Bible study and told The Lord...we don't need you, please leave, and they weren't so nice when they said it...So now when God leaves man makes his own way and IT "Always" ends up in the wrong way!! That is why the U.S.A. will fall, it has to..NO God NO Peace, KNOW God, KNOW Peace!!
homer57
Nov 23, 2012 11:26 AM CST
The REAL problem is corporat greed! these things will soon be made in china! the workers over there will make them for 50 cents per hour vice the 20 dollars per hour here.....Our standards are being brought down to 3rd world standards...Just wait till the Chinese decide they want more money!! wait until they have had enough of working for peanuts and the govt is making all the money!!
InferiorToYou
Nov 23, 2012 11:08 AM CST
The mothballs have more flavor