Dive Brief:
- After its announcement around December 2013, Kellogg's Charmhaven plant in Australia officially closes today.
- Many of the laid-off workers thanked Kellogg for their assistance before the plant's closing, including offering help with updated resumes and relevant certificates to make it easier for the former employees to find new jobs.
- The plant's closing is part of Kellogg's current restructuring program, which has already included cutting 7% of its global workforce.
Dive Insight:
Kellogg's restructuring program also included shutting down a plant in London, Ontario, which cost 550 jobs. However, while Kellogg is closing plants, the company has also been in the news for acquiring a majority stake in Bisco Misr. and is looking to Kenya for further expansion.