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View Full Version : Kraft Foods to Eliminate 8,000 Jobs


Insider
01-31-2006, 06:08 PM
By MIKE COLIAS, AP Business Writer
Mon Jan 30, 6:00 PM ET

CHICAGO - Kraft Foods Inc., the nation's largest food manufacturer, said Monday it would eliminate 8,000 more jobs, or about 8 percent of its work force, and close up to 20 production plants as it broadens an ongoing restructuring effort.

Kraft said the cuts would save an additional $700 million in annual costs, atop a targeted $450 million in savings it already had hoped to achieve through a restructuring that began in January 2004.

MORE
http://news.yahoo.com/s/ap/20060130/ap_on_bi_ge/kraft

Minuteman
02-02-2006, 12:57 PM
Yup. In this booming American economy we can't afford to make fucking food.

earthspirit
02-15-2006, 10:14 AM
Minuteman wrote:
Yup. In this booming American economy we can't afford to make fucking food.

We can't afford to prepare and package GOOD FOOD!

LaDominio
02-15-2006, 10:37 AM
Culling off the poultry supply because of 'bird flu', and now this. Maybe they want us hungry.
A starving man would do anything for a sandwich, no?

earthspirit
02-17-2006, 08:57 AM
Insider wrote:
By MIKE COLIAS, AP Business Writer
Mon Jan 30, 6:00 PM ET

CHICAGO - Kraft Foods Inc., the nation's largest food manufacturer, said Monday it would eliminate 8,000 more jobs, or about 8 percent of its work force, and close up to 20 production plants as it broadens an ongoing restructuring effort.

Kraft said the cuts would save an additional $700 million in annual costs, atop a targeted $450 million in savings it already had hoped to achieve through a restructuring that began in January 2004.

MORE
http://news.yahoo.com/s/ap/20060130/ap_on_bi_ge/kraft

Does the restructuring have anything to do with robotics? or Anything along the line of more automation, less personnel??