ON HOLD: Hostess And Union Agree To Mediation Before Closure
The much talked about closure of Hostess distribution stores nationwide may not happen as planned.
Hostess Brands agreed to a mediation session with union leaders to try and solve their differences one last time.
The Bakery Workers union went on strike November 9th when the company imposed pay cuts and other concessions. Then last week Hostess announced it would close its stores and liquidate all assets leaving 18,000 employees out of a job.
A bankruptcy judge ruled Monday; both sides must try mediation before the company can go under.
The Hostess location in Waterloo had planned to close Tuesday, now it is unclear what will happen, that store employs about 90 workers.