By S.L. Fuller Anheuser-Busch is eliminating jobs “across every corporate function,” a spokesperson said via email, which will result in layoffs “representing less than 2%” of its U.S. workforce. The CPG employs more than 19,000 people nationwide, which means 2% would be about 380 employees. A report from The Wall Street Journal said an internal restructure eliminated corporate and marketingContinue reading “Breaking: Anheuser-Busch to Lay Off Workers in ‘Every Corporate Function’”
Category Archives: Financial Times
How 6 CPGs Use Internships to Fuel Talent Pipeline, Encourage Industry Careers
By Cheryl Winokur Munk Summer internships are in full-swing at many CPGs where industry hopefuls are getting acclimated to the profession, performing tasks such as market analysis, benchmarking, product testing and marketing as they learn the ins and outs of what could be their future career. Many companies, including Anheuser-Busch, Conagra Brands, Coca-Cola, General Mills, Hershey, J.M. Smucker, McCormick & Company, Mondelēz, Nestlé, PepsiCo and Post ConsumerContinue reading “How 6 CPGs Use Internships to Fuel Talent Pipeline, Encourage Industry Careers”
A Look at PepsiCo’s Journey Inside Web3 and the Metaverse
By Shefali Kapadia CHICAGO — One morning in 2007, Kelly Ripa and Regis Philbin were hosting their TV show on ABC, discussing the debut of the iPhone. Talking on the phone through an iPod? “Ridiculous,” was Philbin’s conclusion. That bit was comedic then, and it still is now, but for a different reason. The TVContinue reading “A Look at PepsiCo’s Journey Inside Web3 and the Metaverse”
Costco, BJ’s Are ‘Winning With Consumers.’ Is That Also a Win for CPGs?
By Shefali Kapadia A hallmark of every Costco location — aside from food court hot dogs — is the club retailer’s immense grocery section. Multipacks of tortilla chips, jumbo boxes of cereal and big stacks of flavored water line the aisles. In today’s economy, the grocery section at club retailers has become even more popular due toContinue reading “Costco, BJ’s Are ‘Winning With Consumers.’ Is That Also a Win for CPGs?”
Hershey Beefs Up Workforce, Leadership to Grow Salty Snacks Unit
By Shefali Kapadia Hershey plans to add employees and executives to its salty snacks division to support the growing segment, company leadership told analysts on the CPG’s Q4 earnings call last week. “One of our key strategic goals this year is really to integrate [and] scale our salty business,” CEO Michele Buck said on the call. “And so,Continue reading “Hershey Beefs Up Workforce, Leadership to Grow Salty Snacks Unit”
SHEFALI KAPADIA 