General Mills cuts jobs, reshapes itself to prepare for post-pandemic change in eating

Jun 04, 20210

David Joles, Star Tribune count

General Mills is restructuring its biggest operating unit, leading to job reductions at its headquarters in Golden Valley. Nearly all its corporate employees have been working remotely since March 2020.

General Mills is downsizing its workforce to gird itself for post-pandemic changes in the ways people buy and eat food.

The Golden Valley-based food maker just finished its 2021 fiscal year, which was on pace to be one of its best for sales after people, forced to stay home by the coronavirus, ate more of its ready-made or easily prepared products.

But that burst in sales could reverse as the pandemic ends. General Mills executives are moving to lower costs, including cutting jobs, on the expectation that the company will return to the slow growth that was normal before the pandemic.

https://www.startribune.com/general-mills-cuts-jobs-reshapes-itself-to-prepare-for-post-pandemic-change-in-eating/600064234/