The maker of Corn Flakes and Rice Krispies will cut 7% of its global workforce, or about 2,000 jobs, as part of a four-year cost-saving plan amid a persistent slowdown in breakfast items and snacks.
Following this year’s record-breaking International Baking Industry Exposition (IBIE) in Las Vegas, the American Bakers Association announces the baker members serving on the IBIE 2016 Committee.
In a recent statewide ballot vote, a majority of Washington state voters opposed Initiative 522, a proposed law requiring all products with genetically modified (GMO) ingredients to be labeled.
Nestle USA plans to completely relocate its Northbrook, Ill.-based Nestle Pizza Division to Solon, Ohio, by mid-2014. The company’s pizza brands include DIGIORNO, California Pizza Kitchen, Tombstone and Jack’s.
Private equity firm Wind Point Partners is said to be exploring a sale of Hearthside Food Solutions LLC, the largest food contract manufacturer and largest privately held bakery in the U.S.
Pepsi, Coca-Cola and Nestle are a few of the companies that contributed to an effort opposing a food-labeling initiative in Washington state, according to documents recently made public.