CBS LAS VEGAS- Hostess the makers of the snack Twinkies said last week it is going out of business and laying off all of its 18,500 workers after a national strike crippled its operations. Hostess had a local plant that had many employees that were just recently laid off. Callers react to Hostess going out of business.
A bag of Wonder Bread is seen November 18, 2012 in Washington, DC. Hostess Brands Inc., who make Wonder Bread as well as Twinkies, Ding Dongs, Ho Ho's and other baked goods, plans to go out of business after Chapter 11 bankruptcy restructuring failed. Hostess, which has faced acrimonious labor relations in recent years as well as the slower US economy, said on November 16 it filed a motion in US Bankruptcy Court seeking permission to close its business and sell its assets, including iconic brands that have fed US households for decades. The 82-year-old Irving, Texas-based company, one of the country's largest bakers, could lay off most of the 18,500 people who staff its 33 bakeries, 553 distribution centers and 527 bakery outlets nationwide. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)Photo Credit: BRENDAN SMIALOWSKI/AFP/Getty Images