General Mills

Minneapolis, MN
Consumer Goods

Layoff Date:

June 3, 2021

Laid Off Employees:

Laid Off Percent:

Source: Star Tribune
General Mills is downsizing its corporate workforce as a part of a post-pandemic restructuring. The Golden Valley-based food maker at the end of May finished its 2021 fiscal year, which was on pace to be one of its best for sales after people ate more of its cereals, flour, baking mixes and other products due to the pandemic's at-home lifestyle. But that demand is likely to slow or decline as the pandemic ends. General Mills executives are moving to lower costs, including cutting jobs, as sales and profits return to the slow-growing pattern that was normal for the company before the pandemic.
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