Hostess workers on strike as company shuts down
Employees striking proposed 8% pay cut
Dozens of local Hostess Brand employees were striking a proposed 8% pay cut Friday morning as the company announced it was going out of business.
Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, made the announcement shortly after 7 a.m. Friday. It will close all its plants and lay off all 18,500 workers nationwide.
Seventy to 80 Northside workers went off the job Saturday. They told Channel 4's Tarik Minor they weren't asking for a pay increase, they just wanted to continue receiving their current wage.
Employees claim Hostess Brands lied to them and incorrectly invested money during the 2004 bankruptcy.
The Irving, Texas, company says a nationwide worker strike crippled its ability to make and deliver its products at several locations.
Hostess had warned employees that it would file a motion in U.S. Bankruptcy Court to unwind its business and sell assets if plant operations didn't return to normal levels by Thursday evening.
The privately held company filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade.
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