GFM Network News

Kellogg to cut seven per cent of workforce by 2017

Kellogg Co., the world’s largest maker of breakfast cereals, said it would cut about seven per cent of its workforce by 2017 and also trim production capacity, after reporting another quarterly decline in sales in its cereals business. Shares of the maker of Corn Flakes, Keebler cookies, Froot Loops cereals and Eggo waffles rose as […] Read more