Twinkie Production In Danger, Again
Back in January, Twinkies (and Wonder Bread) maker Hostess filed for Chapter 11 bankruptcy, only to set off a wave of scared hoarders stocking up for the apocolypse or something like that.
Now, a strike threat may just put them under. CNN Money reports that Hostess is going to court hoping to throw out union contracts. Tossing these contracts would allow the company to change up union pension funding, among other things, CNN reports.
The union The International Brotherhood of Teamsters, however, has vowed to strike if the judge agrees to toss out contracts in light of Hostess' bankruptcy. But a strike would just shut the company down.
"We would no longer have cash to keep operating," Hostess management wrote in a letter to employees. "All Hostess Brands operations would shut down and liquidation would begin. The 18,500 jobs, plus the health insurance that comes with them, would be lost for good."
So which is better: Continuing the production of Twinkies or supporting the rights of union workers? Wendy Williams might have a moral dilemma to deal with.