Oh no, not the Twinkie!

Yesterday, Hostess threatened to shut the company down if workers on strike did not return by the end of the day. Apparently they didn’t.

According to Newser, CNN has been reporting that the Twinkies maker is now asking a federal bankruptcy court for permission to go out of business. That will mean 18,500 employees will lose their jobs, but CNN notes that Ding Dongs and other popular items could still survive under another brand, as Hostess will be selling its assets at auction.

But Ding Dongs could possibly survive?? Ahhh, WE WANT TWINKIES!

FYI, Hostess has gone bankrupt before, and Mexico’s Bimbo Bakeries tried to pick it up. Maybe they’ll try again? Matthew Yglesias said, “the company’s various packaged snack cakes are cultural icons, but also pretty unfashionable in the era of artisanal cupcakes.”