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
- Appreciating members
- Oakland County purchasing renewable energy to power buildings
- Former Customs and Border Protection agent sentenced to 60 months in prison for receiving child pornography
- Whitmer signs bipartisan bills to expand mental health care, protect consumer data, and increase government efficiency
- Challenge to Michigan’s hen enclosure law dismissed
headlines National
- Protecting Attorney-Client Relationships: ABA advocacy helps safeguard the right to effective assistance of counsel
- Did ‘corporate speak’ and PowerPoint lead to complacency at GM?
- Ex-employee sues Sheppard Mullin over cyberattack exposing sensitive personal data
- Ropes & Gray allows more attorneys to count AI testing toward billable hours
- Plaintiff who filed fraudulent case, trashed desktop computer hit with sanctions
- Man who threatened Supreme Court justices avoids prison time
