HOSTESS GOING OUT OF BUSINESS

When the Kardashian family panicked hearing that there will be no more chocolate Ding Dongs, they didn’t realize it was in reference to the ‘Hostess’ company.

After Hostess – the brand behind legendary snack foods like ‘Ding Dongs’, ‘Wonder Bread’, and ‘Twinkies’ was forced to shut it’s doors after a Bakers strike crippled the already unsteady future of the company.

Hostess CEO Gregory Rayburn said:

We’ve been very straight forward that the business can’t withstand the significant work stoppage, If this strike continues, there is certainly a risk that Hostess will go out of business.

The Bakers decided to strike after hearing a proposal from the company imposing a contract that would cut wages by 8 percent. The contract would also cut benefits by 27 to 32 percent as well as diminish health benefits and demand longer work days.

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