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Kraft Foods Inc. has announced that it’s scathing 1,600 jobs in the United States as it streamlines operations before splitting into two viewable companies by the end of this year, the Chicago Sun-Times reported . That’s about 3.5 percent of Kraft’s US workforce, according to the Economic Times .
About 40 percent of the layoffs will occur in Kraft’s sales intimidate, since the company plans to outsource local retail sales functions to two contractors that it will administer – Acosta Sales & Marketing and CROSSMARK – the (New Jersey) Big draw-Ledger reported .
Another 20 percent of the cuts will come from not components vacant positions, Kraft officials said, according to the Star-Ledger. The end up of the cuts will come from trimming Kraft’s corporate and function units.
“When we announced our decision to create two world-year companies last August, we said both would be leaner, more competitive organizations,” CEO Irene Rosenfeld said in a announcement, the Chicago Sun-Times reported.
Source: GlobalPost