Kellogg Lives to Regret Attacking Conservatives… Shrinking Revenue, Layoffs/Closures Announced

Conservative Tribune | 2/10/2017 | Kim Smith
jster97 (Posted by) Level 3
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Kellogg Company announced Wednesday that it would close some of its distribution centers and lay off about a thousand employees in the U.S.

Some sources close to the situation said the company was looking to cut sales representatives and merchandisers and close as many as 39 distribution centers, Breitbart reported. On average, those centers employ about 30 full-time workers each, so as many as 1,100 people could be laid off.

Associated - Press - Kellogg - Losses - Quarter

According to The Associated Press, Kellogg reported $53 million in losses last quarter.

WKBN reported that company spokesman Kris Charles released a statement Thursday morning saying that it was a difficult decision but that it was the “right move for the company to achieve our long-term objectives.”

Closures - Layoffs - Quarter - Year - Company

Closures and layoffs were set to be completed by the fourth quarter of this year, the company said.

Kellogg CEO John Bryant said there was no “discernible” impact on the company after conservatives organized a boycott in November.

Boycott - Kellogg - Announcement - Advertisements - Breitbart

The boycott resulted from Kellogg’s announcement that it would pull its advertisements from Breitbart News’...
(Excerpt) Read more at: Conservative Tribune
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