(5/15/12) Hostess Brands says it hopes to emerge from Chapter-11 bankruptcy as a growing company with a strong future.
And despite a recent Wheeler News Service report, the firm says it is not planning 184 layoffs in Wisconsin. The company said it mailed conditional notices to all 18-thousand-500 of its employees around the country, stating that a sale or a “wind down” is possible in the future. And Hostess said it was just fulfilling its government requirements by issuing the employee notices. In Wisconsin, Hostess told state workforce development officials that plans in nine cities could face cut-backs or shut-downs – but the firm says it’s not in the cards for now. The Wisconsin plants to be possibly affected are in Brookfield, Greenfield, Madison, La Crosse, Eau Claire, Wausau, De Pere, Oshkosh, and Sheboygan.