Categorized | Jobs and employment news

850 more jobs going

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General Mills employs about 35,000 people and 5,500 of those are in Minnesota. They have announced they are cutting 850 jobs and half of those cuts are going to be from the Twin Cities operation.

Sales for General Mills have increased 13% while the company has increased prices in an effort to keep up with rising inflation. CEO Ken Powell says this is the highest rate it has been in 30 years.

But even with the increased revenue, profits fell a bit due to the higher commodity costs.

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