BATTLE CREEK (AP) — Kellogg Co. is cutting 150 salaried jobs across North America as part of the previously announced sale of its cookie and fruit snack businesses.
The Battle Creek-based company said Tuesday the action will result in pretax charges of approximately $35 million, including $20 million in severance and termination benefits.
Kellogg announced in April that it was selling its Keebler and Famous Amos cookie brands — as well as its fruit snack, pie crust and ice cream cone businesses — to Italy’s Ferraro International for $1.3 billion.
That sale is expected to close at the end of July. Kellogg said its job cuts and staff reorganization will be complete by the end of 2020.
- Posted June 20, 2019
- Tweet This | Share on Facebook
Kellogg cutting 150 jobs as part of Keebler sale
headlines Oakland County
- No-Fault Institute
- Federal court rules plaintiff lacks standing to bring federal claims over constitutionality of Michigan's Court of Claims
- Nessel helps DTE gas customers save
- Oakland County lights up circuit court building green in honor of veterans for Operation Green Light
- Law school’s Innocence Project to host viewing of ‘Wronged’
headlines National
- Professional success is not achieved through participation trophies
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- ‘Jailbreak: Love on the Run’ misses chance to examine staff sexual misconduct at detention centers
- Utah considers allowing law grads to choose apprenticeship rather than bar exam
- Can lawyers hold doctors accountable for wasting our time?
- Lawyer suspended after arguing cocaine enhanced his cognition