Hostess Announces It's Going Out of Business - FOX44 - Burlington / Plattsburgh News, Weather & Sports

Hostess Announces It's Going Out of Business

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IRVING, Texas -

It looks like it's the end of Twinkies, Ding Dongs and Wonder Bread.

Thousands of employees are waking up without a job.

The company just announced it's going out of business.

The Twinkies make gave Bakers' Union members until the end of Thursday to agree to end a strike otherwise the company will go into liquidation.

Workers across the country protested an 8% pay cut next year and the closing of bakeries.

This liquidation would result in 18,000 workers losing their jobs.

Hostess now begins the process of closing all operations as soon as Tuesday, two days before Thanksgiving.

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