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Citing freight costs, declining sales, General Mills to ...

Cuts are nothing new for General Mills—in 2016, following a period of "declining U.S. sales," General Mills eliminated 1,400 positions worldwide, according to reporting by Fortune. "Last month, General Mills reported an overall 2.8% increase in retail sales for its fiscal fourth quarter, but U.S. retail sales still decline[d] 12% in ...

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General Mills to freeze U.S. pension plans | Employee ...

General Mills will freeze its U.S. defined benefit pension plans at the end of 2027, according to the company's annual report, which was filed with the Securities and Exchange Commission last week. The move reduces the company's projected benefit obligation by $130.9 million as of May 28, 2017 ...

COMPANY NEWS; General Mills To Cut Prices On Cereals

Apr 05, 1994 · General Mills Inc. said yesterday that it would buck a trend in the breakfast cereal industry by cutting promotional costs by $175 million a year and passing the saving through to .

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General Mills planning more job cuts | World-grain ...

MINNEAPOLIS, MINNESOTA, U.S. — General Mills, Inc. has announced another round of job cuts as part of Project Century. Project Century originally was launched in fiscal 2015 as a review of the company's North American manufacturing and distribution network to streamline operations and identify potential capacity reductions, but the program recently was expanded to identify opportunities ...

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General Mills CEO 'disappointed' with profit, unveils cost ...

Mar 21, 2018 · General Mills Inc. said Wednesday it had net income of $941 million, or $1.62 a share, in its fiscal third quarter to Feb. 25, up from $357.8 million, or 61...

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General Mills Job Cuts to Total 625 - WSJ

Jun 27, 2018 · General Mills expects to have cut up to 625 jobs by next spring as the company looks to reduce costs amid challenges with its yogurt and baking products. In .

General Mills - Wikipedia

General Mills itself was created in June 1928 when Washburn-Crosby President James Ford Bell merged Washburn-Crosby and 28 other mills. In 1928, General Mills acquired the Wichita Mill and Elevator Company of the industrialist Frank Kell of Wichita Falls, Texas. With the sale, Kell acquired cash plus stock in the corporation.

    Founded: June 20, 1856; 162 years ago, Minneapolis, .Get Price

General Mills pledges to cut sugar in kids' cereals

General Mills has already cut sugar levels in cereals that it advertises to children and these further cuts build on the company's previous work in this area.

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General Mills, Inc. (GIS) Dividend Date & History - Nasdaq

Sep 06, 2019 · See the upcoming ex dividend date and dividend history for General Mills, Inc. (GIS). Stay alerted to dividend announcements for GIS and all the companies you follow at NASDAQ

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General Mills to freeze U.S. pension plans at the end of 2027

Jun 30, 2017 · General Mills Inc., Minneapolis, plans to freeze its U.S. defined benefit plans at the end of 2027, according to the company's annual report filed Thursday with the SEC. Effective Jan. 1, 2028 ...

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General Mills Planning to Cut Jobs at Reed City Plant - 9 ...

Jun 19, 2018 · A major employer in Osceola County is planning to scale back its workforce. Northern Michigan's News Leader learned Tuesday that General Mills in Reed City will cut .

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General Mills cuts profit forecast as freight, commodity ...

Mar 21, 2018 · (Reuters) - Cheerios cereal maker General Mills Inc cut its yearly earnings forecast, citing a sharp increase in freight and commodity costs, driving its shares down 6 .

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Altavista Wealth Management Inc. Cuts Stake in General ...

Altavista Wealth Management Inc.'s holdings in General Mills were worth $932,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds also recently added to or reduced their stakes in GIS. Norges Bank purchased a new stake in General Mills during the 4th quarter valued at about $208,406,000.

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General Mills planning more job cuts | Food Business News ...

Oct 29, 2015 · MINNEAPOLIS — General Mills, Inc. has announced another round of job cuts as part of Project Century. Project Century originally was launched .

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COMPANY NEWS; General Mills To Cut Prices On Cereals

Apr 05, 1994 · General Mills Inc. said yesterday that it would buck a trend in the breakfast cereal industry by cutting promotional costs by $175 million a year and passing the saving through to .

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General Mills to Cut Jobs amid Rising Costs | Newsmax

Jun 27, 2018 · Cheerios cereal maker General Mills Inc. said on Wednesday it would cut 625 jobs as it looks to reduce costs in the wake of slowing sales of its Yoplait yogurt, as .

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General Mills to cut 625 jobs by 2019 amid rising costs ...

Jun 27, 2018 · Cheerios cereal maker General Mills Inc said on Wednesday it would cut 625 jobs by the end of next year as it looks to reduce costs amid slowing sales of its Yoplait yogurt, as well as rising ...

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General Mills cuts it profit forecast because of higher ...

General Mills cut its profit forecast because of a sharp increase in freight and commodity costs. The company expects 2018 adjusted earnings to grow as much as 1%, down from its prior forecast for ...

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General Mills to Cut 1,400 Jobs as It Closes Plants World ...

General Mills to Cut 1,400 Jobs as It Closes Plants World-Wide Moves affect facilities in U.S., Brazil and China

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General Mills planning more job cuts | World-grain ...

MINNEAPOLIS, MINNESOTA, U.S. — General Mills, Inc. has announced another round of job cuts as part of Project Century. Project Century originally was launched in fiscal 2015 as a review of the company's North American manufacturing and distribution network to streamline operations and identify potential capacity reductions, but the program recently was expanded to identify opportunities ...

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General Mills cuts 1,410 manufacturing jobs - Minneapolis ...

Jul 21, 2016 · General Mills plans to close plants in New Jersey and Brazil, sell a factory in Ohio and cut operations at two other factories.

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