Hostess Brands filed for a full shut down and sale of all business assets on November 16 2012 after nationwide strikes from members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM). Members were angered by a pay-cutting deal enforced upon them as part of a five-year recovery plan to lift Hostess out of financial difficulties.The liquidation led to the closure of 33 bakeries, 565 distribution centers, around 5,500 delivery routes, 570 bakery outlet stores across the US and 18,500 job losses.
