Am I bummed! I understand that Ding Dongs, Twinkies and Ho Ho's might be a thing of the past. And why was this? Because some hard-headed union members refused to accept the company's final offer. The company told them that they could not continue to operate with the high labor costs. But the union called the company's "bluff" only to lose 18,000 jobs.
Unions serve a purpose in society. However, often these unions go too far. This is very evident in California, particularly with public unions. (I can't figure out any possible justification for public unions.)
One of my buddies would tell clients, "Pigs get fat; hogs get slaughtered." Perhaps this adage is applicable with the Hostess strike and company closure. I guess the union did not believe the company. Hard to imagine, however, when the company was in bankruptcy and even the judge said there was no money for additional wages and benefits.