Just as the title reads, Hostess as a company is no more and is selling off all assets after attempting to find a way to meet labor costs, and its workers going on strike, unable to come to an agreement on wage and benefit cuts. That means no more twinkies, ding dongs, or wonder bread ever again, for better or for worse. This video suggests its for the better, but 19 thousand people out of work definitely kinda sucks. A lot.
Full article here.