You Can't Keep a Good Snack Cake Down: Judge Orders Hostess, Union to Mediate
|Halt those eBay auctions|
According to news reports, the company was attempting to liquidate and sell off its assets in bankruptcy court today when a judge noted that Hostess and its union had not gone through the very critical step of mediation before quitting on the cake-devouring public.
In other words, disappointed Hostess patrons can stop emotionally eating those Ho Ho's for now.
See also: A World Without Twinkies
The judge claimed that the bakery union, which represents about 30 percent of Hostess workers, went on strike after rejecting the company's latest contract offer, yet it never actually filed an official objection to it. So Hostess and the union, which includes about 70 workers in Oakland, have both agreed to start talks again tomorrow.
On Nov. 12, Hostess Brands permanently closed three plants after workers went on strike, claiming that they've faced pay cuts, no overtime or holiday pay, a stop in the pension, and diminishing contributions to medical benefits. We'll keep you posted on the latest Twinkie news.