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Kellogg’s is shutting down 39 distribution centers across the country, the embattled cereal giant announced this week.
“While this is the right move for the company to achieve our long-term objectives, it was a difficult decision because of its impact on employees,” company spokesperson Kris Charles said, according to CNYCentral.
The Michigan-based company did not specify how many jobs would be lost during its year-long layoff plan, part of an initiative to shift toward a “highly efficient warehouse model.” Though as many as 1,100 full-time workers could be impacted, given Kellogg’s estimation that an average distribution center employs 30 full-time workers.
Kellogg’s stock saw a decline and its brand perception online took a deep negative nosedive last year following the cereal maker’s politically-driven attack on Breitbart News and its 45 million monthly readers. The company complied with demands from obscure left-wing advocacy groups, who pushed a social media campaign to coerce companies away from advertising on Breitbart.
Kellogg Company, the nation’s largest breakfast cereal manufacturer, is again announcing major cut backs and has slashed its sales forecast as profits continue to fall.
On February 9 the Michigan-based company cut its sales projections for the year after experiencing another quarterly decline.
The company imagined it would have flat sales but instead found a two percent decline.
I am sure Kelloggs doesn't share their employees values anyways though, so maybe the employees will land on their feet with a company that doesn't hate who they are.
The layoffs are part of the 111-year-old company's cost-savings program called Project K, announced in late 2013. The goal of the four-year plan is to generate $425 million to $475 million in annual savings by 2018, the company told investors on its website.
originally posted by: introvert
a reply to: Grambler
I am sure Kelloggs doesn't share their employees values anyways though, so maybe the employees will land on their feet with a company that doesn't hate who they are.
What an odd thing to say. I'm sure the employees have individual beliefs and it's absurd to say the company hates who they are.
originally posted by: Grambler
originally posted by: introvert
a reply to: Grambler
I am sure Kelloggs doesn't share their employees values anyways though, so maybe the employees will land on their feet with a company that doesn't hate who they are.
What an odd thing to say. I'm sure the employees have individual beliefs and it's absurd to say the company hates who they are.
True, but my point is that surely many voted for Trump, and kelloggs made it clear they don't share those peoples values.