Industry News

Kraft Foods Slashes Up to 1,600 Positions

 

 

Kraft Foods Inc., Northfield, Ill., says it plans to eliminate 1,600 positions throughout the U.S. and Canada during the coming year. The cuts will be made among its sales, corporate and other business units. About 20% of the job eliminations are currently open positions.

Kraft has roughly 127,000 employees worldwide, including 46,500 in North America.

The company announced in August that it would split into two independent companies: a global snacks business and North American grocery business. Kraft said the moves are needed to help the businesses run more effectively.

The bulk of about 40% of the cuts will be made among sales positions. Kraft says it plans to contract sales for its grocery business to two agencies: Acosta Sales & Marketing for its grocery store and big box retailer sales and Crossmark for convenience store sales.

Kraft also said that it is consolidating its other offices across the country, where some management, researchers and other employees work. It plans to halve the number of U.S. management centers to two from four.

The company's offices Madison, Wis., where its Oscar Meyer business is based, will remain open. Its East Hanover, N.J. facilities, where its snacks business is based, will become the U.S. headquarters for its global snacks business. The employees in its Tarrytown, N.Y., offices, where its beverage business is based, are moving to the greater Chicago area. And its cheese, dairy and grocery offices in Glenview, Ill., will close.

Source: Associated Press business staff
 

You must register or login in order to post comments.

Multimedia

Videos

Image Galleries

Cover Stories: 100th Anniversary Issue

We’re celebrating Snack Food & Wholesale Bakery's  centennial anniversary by taking a look back to the bygone days of the baking.

05/18/11 2:00 PM EDT

Food Trends: Reformulating for Sodium Reduction

On-Demand Sodium reduction is among today’s most significant policy issues and consumer trends.

Webinars Version II

What type of webinars would you like to see in our space?
See Poll Results Poll Archive

THE SNACK AND BAKERY STORE

new-food-prod-dev.gif
New Food Product Development: From Concept to Marketplace, Third Edition

With new material highlighting the latest trends and science in marketing and electronic communication and their combined effect on market research, New Food Product Development: From Concept to Marketplace, Third Edition, describes stages of development in detail, beginning with sources of ideas and moving through development, final screening, and introduction into the marketplace.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Operations Weekly

Operations Weekly Logo

Written by Snack Food & Wholesale Bakery editors, our Operations Weekly weekly enewsletter provides bakers and snack food manufacturers with up-to-the-minute news, ideas and industry trends.

Sign up today!

STAY CONNECTED

Facebook Twitter  Linkedin  YouTube icon