ConAgra mum on restructuring plans

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Published: May 27, 1999

Effects in Canada of recently announced layoffs and restructuring at ConAgra won’t be known until at least the end of May, company officials say.

Bruce Rohde, chief executive officer of the United States-based multinational company, told his 83,000 employees their numbers will drop to 76,000 by year end, and as many as 4,000 may receive lay-off notices by the end of this month.

ConAgra has recently constructed Canadian grain terminals at Corinne, Nokomis, and Yorkton in Saskatchewan and in Souris, Man.

Scott Deitz, vice-president of communications for ConAgra, said the company will not release specific plans for restructuring until staff have been notified. That includes information about Canadian operations.

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ConAgra has said worldwide it will close at least 15 production plants, 70 storage, distribution and smaller processing facilities and exit about 20 smaller non-core businesses.

“With 4,000 people being affected by the end of the month, it might be likely that more information might be available at that time,” Deitz said last week.

ConAgra expects the job cuts, closures and streamlining to save $800 million over the next three years. The company also said it plans to obtain an additional $1.3 billion in goods and services internally that it once purchased elsewhere.

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Michael Raine

Managing Editor, Saskatoon newsroom

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