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
- Whitmer signs gun violence prevention legislation
- Department of Attorney General conducts statewide warrant sweep, arrests 9
- Adoptive families across Michigan recognized during Adoption Day and Month
- Reproductive Health Act signed into law
- Case study: Documentary highlights history of courts in the Eastern District
headlines National
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- Judge accused of using ‘game or jail’ tactic, asserting abuse victims get ‘Super Bowl’ neurochemicals
- Prosecutor gets suspension for invading jury’s ‘inner sanctum’
- Lateral hiring bounced back in 2024, especially for associates in BigLaw, new NALP report says
- Refugee ban can’t be enforced against those who received conditional approval, 9th Circuit says
- ABA, more than 50 bar associations condemn ‘government actions that seek to twist the scales of justice’
