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Hostess Brands Could Lay Off Hundreds

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  • Description

    Bankruptcy restructuring

  • Duration 1:20
  • Date

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This transcript is automatically generated

She's taking it told the economy that is -- some tasty snacks like twinkies maybe not at the top of the agenda.

For the president wreck but important issue to some of us.

The very important -- to a lot of people.

Especially those people who worked for -- because you might remember back in January.

The company that makes twinkies filed for bankruptcy Chapter Eleven they also making -- and Wonder Bread by the way just in case you're keeping track at home.

Well now as hostess tries to turn their business around.

They're letting employees around the country know that they could soon be losing their job.

Hostess has about 181500.

Workers around the country and by law they must give written notice before conducting any kind of massive layoffs and so.

This could start happening soon.

Obviously not a good time not good news rather at a time when so many people as we just been discussing.

Are out there looking for work -- hostess spokeswoman says the company has no immediate plans to lay anybody off but obviously -- this is a real possibility.

As -- looks to emerge from its bankruptcy.

And they do become bigger and stronger and that could be a positive thing and I I I take back my words -- I'm sure.

Mitt Romney the presumptive nominee and the president -- -- about to me he's I'm sure that's.

We're gonna hear -- some people got this very studio time.

I think I can kind of -- that I can't break thank you very much.

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