Due to Nationwide Workers Strike, Hostess Says Will Close All Operations
IRVING, Texas (AP) - Hostess Brands says it is going out of business, closing plants that make Twinkies and Wonder Bread and laying off all of its 18,500 workers.
Many Hostess employees in Tulsa stood their ground Thursday, continuing to picket outside their employer. Hostess's CEO said earlier this week that if enough workers do not return to work by 4 p.m. central time Thursday, the company might have to liquidate.
The Irving, Texas, company said the nationwide worker strike crippled its ability to make and deliver its products at several locations.
Hostess had warned employees that it would file a motion in U.S. Bankruptcy Court to unwind its business and sell assets if plant operations didn't return to normal levels by Thursday evening.
The protesting workers told Channel 8 there are at least 100 Hostess workers in Tulsa. Some chose to work Thursday and some did not.
The privately held company filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade.
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