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
- Associations gather for Spring Fling
- Nessel announces airline passenger protection partnership with U.S. Department of Transportation
- American Bar Association to release Civic Literacy Survey 2024 findings on April 23
- Former State House speaker charged with 13 felonies, conducting a criminal enterprise
- SUPREME COURT NOTEBOOK
headlines National
- Incarceration series includes female inmates but doesn’t tell full story
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- Former DOJ official who alleged election fraud violated at least one ethics rule, ethics committee says
- Winston & Strawn will provide reduced-cost legal services for routine tasks under Winston Legal Solutions umbrella
- Should Justice Sotomayor retire? Chemerinsky, White House haven’t joined calls for her to step down
- Which BigLaw firms are increasing lateral associate hiring the most? One made legal headlines last year