date:May 24, 2012
The company, which produces Pillsbury products, Cheerios cereal and Green Giant vegetables, noted that the job cuts will affect mostly administrative and support positions. The job cuts account for 2.4% of the company's global workforce of 35,000 employees.
General Mills also said that it would write down some production equipment as part of the restructuring plan.
Savings from these restructuring actions will be reinvested to support the company's future growth strategies and to accelerate in