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General Mills planning workforce reduction

2015-06-26 19:48:56| Agriculture - Topix.net

MINNEAPOLIS, MINNESOTA, U.S. General Mills expects to reduce its workforce by 675 to 725 positions as part of Project Compass, a restructuring plan designed to accelerate long-term growth in the company's International segment, according to a Form 8-K filed June 25 with the U.S. Securities and Exchange Commission. Minneapolis-based General Mills expects the restructuring actions will save $45 million to $50 million annually.

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