01/17/2012
With Spinoff Looming, Kraft Foods Makes Changes
As part of its planned corporate split, Kraft Foods announced a realignment that includes cutting 1,600 positions in the United States and Canada and consolidating management centers to two from four locations, the Los Angeles Times reported. In addition, the company has selected Acosta Sales & Marketing as its marketing partner in the grocery store and mass retail channel, while it will work with Crossmark in the convenience store channel, the company said in a release.