Job cuts and corporate re-engineering
On the business front, it was a challenging month for ADM and Cargill, which both announced significant job cuts, while Twinkie-maker Hostess filed for bankruptcy protection (again) and Kraft revealed that its plan to split itself down the middle will mean 1,600 job cuts.
Click here for details on Kraft.
Click here for details on ADM.
Click here for details on Cargill.
Click here for details on Hostess.