Friday, November 23, 2012

Hostess wins liquidation bid



Hostess Brands wins liquidation bid

So, just exactly what does this mean?   Well, sadly the first step in liquidation will be the firing of 15,000 workers, the closure of 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes and 570 bakery outlet stores. 

If you are lucky enough to HAVE a job, this would be the worst time of the year to learn you will be losing it shortly.


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