June 25, 1996 |
Nabisco Holdings Corp., maker of snack mainstays such as Oreo cookies and Ritz crackers, moved Monday to cut nearly 8% of its work force in a restructuring that reflects increased competition among food companies. The subsidiary of food and tobacco conglomerate RJR Nabisco Inc. said it is making changes that will cut its overhead by about $200 million a year and "accelerate strong, sustainable earnings growth into the next century."
October 7, 1995 |
Union Workers OK Kellogg's Layoff Plan: The Battle Creek, Mich.-based company's plan to eliminate more than 1,200 jobs by offering enhanced retirement benefits or cash buyouts was easily approved by unionized hourly workers, officials said. Workers in five states were eligible to vote, and 88% accepted the deal negotiated by Kellogg Co. and the American Federation of Grain Millers, Larry Jackson, the union's president, said in Minneapolis.
April 14, 1995 |
Snack Food Firms Issue Layoff Notices: Santa Fe Springs-based Bell Brand Snack Foods Inc. and Oakland-based Granny Goose Foods Inc. said they have notified their 483 and 600 employees, respectively, that layoffs are likely in 60 days. Parent company G.F. Industries Inc. of San Mateo, Calif., has been trying to sell Granny Goose and Bell Brand since January. Bell Brand produces snacks under the Bell Brand, Laura Scudder's and Compadres labels.
February 12, 1995 |
When the Super Kmart Center opened here in November, Dan Kettridge solemnly told his wife to forget about trading in their '87 Toyota. Then the 45-year-old Ralphs market checker rushed to renew his state insurance license. And he started taking courses to be a certified financial planner. "If Super Kmart has the impact it says it will, I definitely need to have Plan B," said Kettridge, a bear of a man with a bushy mustache.
December 8, 1993 |
RJR Nabisco Holdings Corp. on Tuesday became the latest consumer products company to take drastic steps to cut costs, announcing it will slash 6,000 jobs in a restructuring aimed at saving $250 million a year. The maker of Winston and Camel cigarettes, Ritz crackers and Oreo cookies said it will take an after-tax charge of $445 million in the fourth quarter to pay for the companywide overhaul.
August 9, 1993 |
Hunt to Cut Jobs at Fullerton Plant: The food company will lay off more than 300 workers, half of its full-time force, and drop 550 of 1,100 seasonal positions at the plant as the firm streamlines its tomato processing business. The cuts are needed to shift from a seasonal packaging line that produces ketchup, stewed tomatoes and spaghetti sauces to a year-round process focusing on a variety of products made from tomato paste, said Hunt Foods Co. President Ed Snell.