Kraft to cut 6,000 jobs, close 29 plants


  • Business
  • Thursday, 29 Jan 2004

Roger Deromedi, CEO of Kraft Inc

CHICAGO: Kraft Foods Inc said it will eliminate 6,000 jobs, or 6% of its workforce, and close 20 plants worldwide over the next three years. The restructuring follows more than a year of disappointing sales and earnings for the biggest US food company. 

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