Hostess asked the employees to take a 8% pay cut to keep them in business so that 18,500 could have jobs. Some of the unions, especially here in California, objected, and prefered to strike and yell and scream.
In the end, they all are out of a job. They are hoping that another bakery with better benefits will come over and take them under their wings. It may works for a few bakeries here in California, but the vast majority of Hostess bakeries and their employees will shut down and lose their jobs.
Sad.