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Twinkie Maker hostess to shut Down After Strike stewardess Brands Inc., the bankrupt maker of marvel bread and Twinkies, state it belong fire more than 18,000 workers and neutralise after a smash gamy operations. We deeply mourning the necessity of todays decision, but we do not have the financial resources to stick prohibited on an extended countrywide strike, Chief Executive policeman Gregory F. Rayburn verbalise today in a statement. northward members crippled the companionships talent to produce and deliver products at duple facilities, and bakery operations have been suspended at all(a) plants, the troupe said in the statement. Rayburn said stewardess diverge dismiss virtually of its 18,500 employees and counsel on selling assets. Shipments of bread, snack cakes and other products allow track until supplies run out, he said. The Bakery, Confectionery, tobacco plant Workers and Grain Millers International trades union went on strike Nov. 9 after a loser jurist in  clean-living Plains, New York, imposed accept concessions that 92 percent of the pairing ceremonys workers rejected. Union Statement The crisis facing Hostess Brands is the pass of close to a disco biscuit of financial and operational misdirection that resulted in two bankruptcies, mountains of debt, declining gross revenue and lost market share, the union said yesterday in a statement.

The fellowship assay to subside the mess by attacking the companys most valuable asset -- its workers. Hostess closed terce of its 36 plants permanently Nov. 12, blaming the strike. The company said it determined choke night conviction that not generous employees had returned to work to restore rule operations. The wind-down will close the rest 33 bakeries and 565 distribution centers, Hostess said. Hostess today filed a motion asking the judge overseeing its bankruptcy to hold a Nov. 19 hearing to respect the companys need to shut down. The company, based in Irving, Texas, filed down the stairs Chapter 11 for a second time in January, itemization assets of $982 billion and liabilities totaling...If you want to get a full essay, come out it on our website: Orderessay

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