Where is your job now? And where will it be going?
READ MAIN PAGE  |  RSS Feed  |  RSS Comments  |  Log in  |  
search :

Aspartame  |   Big Brother  |   Debt  |   GMO  |   Goji  |   ID Theft  |   Malpractice  |   Noni  |   RFID  |   Security  |   Pharma  |   Splenda  |   Thimerosal  |   Warming  |   Xango

Google
 

Kraft says up to 8,000 jobs cut
February 20, 2007

Source: Raw Story
CHICAGO - The head of Kraft Foods Inc. said Tuesday that as many as 8,000 jobs could be cut as part of a plan to help the world’s second-largest food and beverage maker revive its slumping sales.

Kraft says it may eliminate up to 9 percent of its work force and exit up to 20 production facilities, according to a document outlining the plan. Since 2004, Kraft has eliminated 5,500 jobs. Kraft says the restructuring program will include one-time pretax costs of $2.5 billion and it expects the cuts to save the company about $700 million.


Leave your own comment








You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>






Aspartame  |   Big Brother  |   Debt  |   GMO  |   Goji  |   ID Theft  |   Malpractice  |   Noni  |   RFID  |   Security  |   Pharma  |   Splenda  |   Thimerosal  |   Warming  |   Xango