🍽️ Ruiz Foods Reduces Workforce Amid Weak Demand
The food sector is also feeling pressure from changing demand patterns, showing that cost-cutting is not limited to software and technology companies. Workers across industries are facing a more cautious hiring environment.
Ruiz Foods announced layoffs cutting 176 jobs (4.4% of its workforce) on Sep 2. The company categorized the cuts as WEAK DEMAND.
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Source: layoffhedge.com
🥣 Kellanova Restructures With 112 Job Cuts
Restructuring moves at large companies often reflect efforts to streamline operations and improve efficiency. Even smaller workforce reductions can signal continued caution around corporate spending and growth plans.
Kellanova announced layoffs cutting 112 jobs (0.5% of its workforce) on Sep 4. The company categorized the cuts as RESTRUCTURE.
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Source: layoffhedge.com