1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Sara Lee Corp. to lay off 1,700 employees

Sara Lee Corp. has said in a statement that they are going to lay off nearly 1,700 employees as part of a reorganization plan.

The company is trying to reorganize their business operations to increase business performance.

This means that the company is getting rid of around 3% of their entire workforce.

Sara Lee said that around 1,200 workers will be laid off when the company closes its pork processing and FlavoTech spice production plants in West Point, Miss., on March 30.

The company said in a statement: “Unfortunately, after looking at our business, we determined that these facilities will not allow us to meet our efficiency or long-term profitability expectations.”

Popularity: 6% [?]



Related Posts

Johnson & Johnson to cut around 4 Percent of Jobs

Shanghai Automotive Industry Corp collaborating with Yuejin Motor (Group) Corp

Bank of America to acquire US Trust

News Corp gains from The Simpsons movie performance

News Corp gains from sales of Borat and X-Men

Your Ad Here

Leave a Comment