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Hostess Warns Its 18K U.S. Employees Of Potential Layoffs

Hostess Brands Inc. has sent notices of potential layoff, under the federal WARN act, to all 18,000 employees across the U.S.

Irving, Texas-based Hostess, maker of the iconic Twinkie and Wonder Bread, currently is under Chapter 11 bankruptcy protection.

“The notices were sent to alert employees that a sale or wind down of the company is possible in the future,” spokesman Erick Halvorson said in a statement. “Our goal is still to emerge from bankruptcy as a growing company. There are no immediate actions being taken to sell or wind down the company.”

 

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