The Cheerios maker’s transformation initiative is expected to cost the cereal giant $130 million, with more than half of the total tied to severance expenses.

A document filed with the SEC says the Golden Valley-based company expects a $70 million loss in the fourth quarter of 2025, primarily due to "severance expenses." ...

Layoffs appear to be on the horizon at General Mills, though how many is uncertain. The food giant plans a productivity initiative that’s expected to result in a $70 million charge during the fourth ...

General Mills ... third quarter of General Mills’ current 2025 fiscal year. And the company suggested yesterday the transformation programme will be accompanied by job cuts.

(Reuters) -General Mills cut its annual sales and profit forecasts on Wednesday, as the Pillsbury owner takes a hit from choppy demand for salty snacks and pet food in North America amid ...

Company leaders did not specify how many jobs would be cut from the workforce or where those cuts would come from. A General Mills spokesperson explained the restructuring in a statement to KARE ...