Unions Killing Hostess Brands in the Middle of a Bankruptcy.
Hostess in Chapter 11 and trying to keep the 36 bakeries running and now the Teamsters members about 7500 workers have struck demanding more in a bankruptcy. Today Mr. Rayburn said Monday afternoon that Hostess would be shutting down plants in Seattle, St. Louis and
Cincinnati so now there are only 33 bakeries and 700 people will lose their jobs. Mr Rayburn also said that the board will meet to possibly liquidate the company. Why would a union demand more in a strike while in bankruptcy? Another great brand and company killed by the unions!