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Bad news for breakfast cereal

First they discontinue Coco Pops Rocks, and now this? Looks like I’m going to be switching my vote to Golden Crisp over Honey Smacks from now on.

Post Raisin Bran > Kellogg’s
 
WK Kellogg said it will increase production and invest in new infrastructure, equipment and technology at its plants in Battle Creek, Michigan; Lancaster, Pennsylvania; and Belleville, Ontario. The company said it plans to invest $390 million in new technology and infrastructure and will incur a one-time charge of $110 million in restructuring costs.
Battle Creek-based WK Kellogg said the plan will result in a net loss of 550 jobs, a number that includes hirings at the plants that will increase production. The company didn’t immediately respond when asked Tuesday how many workers would lose their jobs in Omaha and Memphis.
 
You keep talking about labor costs. How much does the CEO and upper management make. We didn’t go on strike for a raise. We were trying to get rid of the two tiered system we let them have when cereal sales dipped before.
You weren't trying to get a raise, yeah right.

So if you accomplished your "goal" of getting rid of the two tiered system and the CEO & upper management got huge reduction in salary while your pay, benefits, etc all stayed exactly the same, you'd claim victory and be satisfied?
 
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