Kraft plans more cuts in jobs during 2008

Kraft Foods Inc., the world's second-largest foodmaker, may eliminate ''several thousand jobs'' as Chief Executive Officer Irene Rosenfeld spends cost savings on new products, according to Alexia Howard, an ...

[Movenondown]

Philip Morris owns Kraft. They have moved much of Krafts production to plants they own in Canada and some to South America since taking over.

They are looking at moving additional lines to Mexico along with Hersheys.

[obey the law]

sounds like our local kraft plant is on the way out....that 600 number is a clue.

[Tarnished Sheba]

Kraft hires, then fires, hires, then fires...
Like this is something new.

[2nd amendment]

Tarnished Sheba wrote:

Kraft hires, then fires, hires, then fires...
Like this is something new.

Sounds a lot like Western Electric/AT&T/Lucent/Agere

[skylite]

Phillip Morris no longer owns Kraft.
They haven't for sometime now.(Thanks to the lawsuits.) Anyway, welcome to Corporate America.

[2nd amendment]

skylite wrote:

Phillip Morris no longer owns Kraft.
They haven't for sometime now.(Thanks to the lawsuits.) Anyway, welcome to Corporate America.

Altria spun Kraft off in March of 2007. Altria owns Philip Morris.

[Rosebud]

Movenondown wrote:

Philip Morris owns Kraft. They have moved much of Krafts production to plants they own in Canada and some to South America since taking over.
They are looking at moving additional lines to Mexico along with Hersheys.

As a soon to be unemployed Canadian Worker, I can honestly say that Canada does not look like the destination of choice for products...seems most of ours are moving to USA or sold off. We'll be closed by end of Oct '08 we're told.

[Heynow Dutchy]

"doesn't appear to be a shrinking violet" is a real nice way to say something really nasty about a guillotine operator, isnt it.
how much more profit do you think theyll make off of the working schmucks at the plant by wasting the money on the highly overpaid upper class management types?

[silly billy zoran]

agree with heynows comment at the kraft plant i work at managers are all buddies and are unqualified for their jobs and vastly overpaid