The Cheerios maker’s transformation initiative is expected to cost the cereal giant $130 million, with more than half of the ...

Layoffs appear to be on the horizon at General Mills, though how many is uncertain. The food giant plans a productivity initiative that’s expected to result in a $70 million charge during the fourth ...

In addition, General Mills moved its convenience store business to North American retail to drive “good growth” in its snacking business, he said. This restructuring also allowed General ...

"General Mills has been an admired employer in this community for nearly 150 years, and we plan to be for 150 more, but restructuring is hard," said Tom Forsythe, spokesman for the company.

and position General Mills for long-term success," a company spokesperson told Reuters, when asked for further details on the restructuring plans. The move comes as the company grapples with ...

Consumers nationwide are taking part in a week-long boycott of General Mills beginning today, taking aim at the massive company who organizers say represents everything wrong with the corporate ...

(Reuters) -General Mills said on Tuesday it would record a charge of about $70 million in its current quarter, mainly reflecting severance expenses, as part of the Cheerios cereal maker's ...