The Chicago Tribune reports that Kraft Foods announced that it will eliminate 400 jobs at its various divisional headquarters – cuts that will amount to less than one percent of its total 46,000 workforce in North America.
According to the company, the cuts are aimed at increasing efficiency and are part of the company’s ongoing turnaround plan – not a reaction to the current tumult in the stock market.
According to the company, the cuts are aimed at increasing efficiency and are part of the company’s ongoing turnaround plan – not a reaction to the current tumult in the stock market.
- KC's View:
