Home » Uncategorized » Twinkies maker Hostess is going out of business, putting almost 18,500 out of work

Twinkies maker Hostess is going out of business, putting almost 18,500 out of work

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Reblogged from Financial Post | Business:

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For decades, people have enjoyed testing the longevity of the Twinkie. In 1995, Rice University students experimented with the spongy golden log by microwaving it, dunking it in water and throwing it out of a sixth floor window. It lost some cream but survived the fall.

The longevity of its maker Hostess Brands Inc. has been also been tested, with a less favourable outcome — the iconic 82-year-old company announced Friday that it will close and fire most of its 18,500 employees.

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