Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, is going out of business.

The corporation had warned striking employees that it would move to liquidate the company if workers didn't return to work by Thursday evening.

A motion is now being filed in U.S. Bankruptcy Court to shutter operations, resulting in a loss of about 18,000 jobs.

Hostess, based in Irving, Texas, had previously reached a contract agreement with its largest union, the International Brotherhood of Teamsters. But thousands of members in its second biggest union, the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, went on strike last week to protest cuts to wages and benefits under a new contract offer.

The privately held food maker filed for Chapter 11 protection in January.

The company has 36 bakeries nationwide, including the one in Northeast Philadelphia.