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General Mills Inc. said in a regulatory filing Thursday, that it expects to eliminate 675 to 725 jobs, as part of a restructuring of the consumer foods company's international operations.
“The structural changes announced today will help us unlock global growth opportunities and go after them by efficiently restructuring our teams and processes.” General Mills didn't specify ...
Inflation-weary consumers are cutting back on how much they buy, pushing down volumes at General Mills and other food manufacturers. The restructuring comes as a growing number of companies seek ...
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 has been an admired employer in this community for nearly 150 years, and we plan to be for 150 more, but restructuring is hard," said Tom Forsythe, spokesman for the company.
In addition, General Mills moved its convenience store business to North American retail to drive “good growth” in its snacking business, he said. This restructuring also allowed General ...
and position General Mills for long-term success," a company spokesperson told Reuters, when asked for further details on the restructuring plans. The move comes as the company grapples with ...
(Reuters) -General Mills said on Tuesday it would record a charge of about $70 million in its current quarter, mainly reflecting severance expenses, as part of the Cheerios cereal maker's ...
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