General Mills Inc. is eliminating another 700 to 800 jobs as part of a big cost-cutting effort, reports the Minneapolis Star Tribune. The layoffs were announced less than two weeks after the packaged-food giant posted a bleak fourth quarter and announced two plant closings.
Impacted by weak sales, Golden Valley, MN-based General Mills revealed the job cuts late Tuesday, Sept. 30, in a filing with federal securities regulators. The layoffs primarily will be in the United States, the filing said. General Mills employs about 5,000 in the Minneapolis-Saint Paul area, mostly in white-collar positions.