Photo: How Stuff Works/Screengrab
Hostess and the bakers’ union have failed to make a deal in mediation.A labour strike recently ended with the company shutting down.
18,500 jobs are at stake, 5,000 of which belong to the bakers union.
There are 18,500 jobs at stake. 5,000 of the workers are members of the Bakers Union.
Read more: http://www.businessinsider.com.au/twinkies-are-saved-hostess-and-bakers-union-agree-to-mediation-2012-11#ixzz2CoXWsZbYHere’s the statement from Businesswire:
Hostess Brands Issues Statement Regarding Mediation with Bakers Union
IRVING, Texas, Nov 20, 2012 (BUSINESS WIRE) — Hostess Brands Inc. announced today that a mediation today with the Bakery, Confectionary, Tobacco and Grain Millers Union was unsuccessful. The Company will have no further comment until a hearing scheduled for tomorrow at 11 a.m., EST, before the U.S. Bankruptcy Court for the Southern District of New York.
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