Kellogg Co. has announced plans to eliminate jobs in North America as part of a reorganization plan designed to “simplify the organization.” The company did not disclose how many jobs will be affected.
Kellogg said the reorganization plan primarily affects its North America segment and is being taken in anticipation of the previously announced divestiture of select cookies, fruit and fruit-flavored snacks, pie crusts and ice cream cone businesses. Kellogg in April agreed to sell its Keebler cookie business and other brands to Italy’s Ferrero Group for $1.3 billion. That transaction is expected to close by the end of July.
The reorganization is expected to be complete by the end of next year, Kellogg said, and will result in pre-tax charges of about $35 million, including approximately $20 million in severance and other employee-termination benefits.
By Eric Schroeder
Source: Food Business News
Just a few years ago, cultured meat (aka cultivated meat, lab-grown meat, cell-based meat) seemed as far away as flying cars. But today, like flying cars, meat grown outside of an animal may be a lot closer than we think.
The shift marks a new stage in the governance of Bel, allowing the company to continue implementing its strategy which focuses on three product families – dairy, plant-based and fruit.
Scientists in China and Germany have designed an artificial material mimicking chameleon skin to detect seafood freshness by changing color.