ConAgra Foods Inc. Layoffs

Topics regarding layoffs at ConAgra Foods Inc.

Sylvester Peanut Butter Plant

With the closing of the Sylvester PB plant where will Peter Pan Peanut Butter be made? Co-packers or is the Brand on the selling block?

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Post ID: @12ucj6LP

Pension question

Been hearing some former employees getting lump sum offer. On pension. I have received no offer yet. Any word on offers good or bad?

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Post ID: @JVq1n2S

Remember way back when ...

Sean started as CEO and the stock was 29 a share... wasn’t one of his cute MBA phrases “unlock hidden value”. Well looking. At the price almost 5 years later someone give him the keys to the lock.

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Post ID: @11GlqHKS

The ConAgra Way

The Chicago Birdies are chirping again and sounds like the “consultants” are back in the building. Watch out for more zero based cost reviews... maybe they can get the old building back in Naperville cheap...

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Post ID: @10FRvuOo

Circling the Drain- Down another 12%

Conagra shares were down nearly 12% at $25.57 in late morning trading on the New York Stock Exchange after the Chicago-based company posted fiscal fourth-quarter adjusted net income of $175 million, or 36 cents a share, vs. $196 million, or 50 cents... —  read more 

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Post ID: @ZLuVZFA

Boulder

WARN notice filed, 100 layoffs reported Conagra Brands, Inc. 100 Boulder 05/24/19 - 3/20/20 Closure —  read more 

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Post ID: @Z6RBEVn

Just one lawsuit after another.

Conagra Brands Inc.'s directors misled investors about how well Pinnacle Foods Inc. was doing before the two companies merged in 2018, a May 9 shareholder derivative suit says. The packaged food company hid its alleged due diligence failures from... —  read more 

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Post ID: @Z2gqEuD

Workforce climate in Omaha

Does anyone else think it is hypocritical of Mindy Simon to tell a workforce panel that Omaha has to have a "vibe" and match the demographics of the community to keep talent? Especially after she orchestrated the outsourcing and workforce reduction... —  read more 

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Post ID: @Yvo3WQt

One more!

SAN FRANCISCO--(BUSINESS WIRE)--Apr 4, 2019--The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been filed on behalf of investors who purchased or otherwise acquired the securities of Conagra Brands... —  read more 

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Post ID: @YpWKEhV

Here we go again!

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Conagra Brands, Inc.CAG, +0.00% from June 27, 2018 through December 19, 2018, inclusive (the “Class... —  read more 

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Post ID: @Y7lABEu

Board of Directors

It is inconceivable to me how a competent Board of Directors could continue to support a CEO like Connally who, through his decisions, has driven the stock to lose almost half its value in 52 weeks.

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Post ID: @Xn8W4MT

Sean is still a crook.

Federman & Sherwood announces that on February 22, 2019, a class action lawsuit was filed in the United States District Court for the Northern District of Illinois against Conagra Brands, Inc. (NYSE: CAG). The complaint alleges violations of federal... —  read more 

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Post ID: @XOlDceQ

How low can we go??

It has been about a month since the last earnings report for Conagra Brands. Shares have lost about 11.2% in that time frame, underperforming the S&P 500. —  read more 

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Post ID: @Xf54LEh

Motley Fool explains it all

And there is no reason to believe it will rebound. https://www.fool.com/investing/2018/12/30/why-conagra-brands-has-turned-into-a-terrible-inve.aspx —  read more 

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Post ID: @X19W4CK

Crain's Chicago Business

Conagra Brands. We’ll find out this year if Sean Connolly really has solved the growth challenge confounding packaged-foods CEOs around the world. Chicago-based Conagra’s CEO won applause early last year when he managed to coax 3 percent growth (yes... —  read more 

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Post ID: @WYl627P

2918 ConAgra Winners

Só who are the real winners in regards to ConAgra in 2018. It certainly is not any regular investors in ConAgra stock. Nor the employees. They got hosed. And will continue to be hosed this year. Hint: it is the people who remarkably sold massive... —  read more 

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Post ID: @WUFyGwb

Share Price Dropping

Apparently the previous poster is living under a rock and is unaware that the ENTIRE STOCK MARKET is tanking, not just his little fishbowl world. MANY companies are down 50% in the past 3-6 months and some are big names. Amazon itself has been... —  read more 

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Post ID: @WQnMEDm

42% drop in share value????

It has only been a week since Conagra Brands, Inc. CAG released its second-quarter fiscal 2019 results, and its shares have already plummeted 26.3%. In fact, the stock has lost close to 42% this year, wider than the industry’s decline of 22%.

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Post ID: @WQhFTd1

Sean's Debacle.

Shares of Conagra Foods nosedived 17 percent Thursday, hitting a 52-week low, after the company missed revenue estimates. The company's stock is down 35 percent so far this year. Great job, Sean. —  read more 

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Post ID: @WJFwNu3

Let the slaughter begin!!!!

500 people kicked to the door by Sean. https://www.nj.com//business/2018/12/500-nj-workers-face-layoffs-as-maker-of-healthy-choice-hunts-closes-2-facilities.html —  read more 

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Post ID: @WwyhDZO

Another massive recall!!

2.4 million cases of Duncan Hinds cake mixes recalled!! Another brilliant purchase by a ConAgra CEO.

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Post ID: @W1YUPQJ

Got to love Chicago's finances!!

Chicago residents, meanwhile, owe an average tax burden of $36,000. That’s due to the Windy City’s liabilities of $42 billion, compared to just $9.5 billion in assets. Chicago, too, defers recognizing gains from OPEB assumptions, which leads to the... —  read more 

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Post ID: @W2eRjhr

A Plot-Both ConAgra and Lamb Weston

They make full automation project. They claim more production. Actually they did rough poor work. So they push to make more. They just want to polish their balance book.

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Post ID: @W6VExOB

Time to pay up Sean!!

The Supreme Court on Monday dealt a defeat to business groups in a closely watched California case, rejecting appeals of a ruling that requires former makers of lead paint to pay $400 million or more to clean up old homes. Business lawyers said they... —  read more 

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Post ID: @VGyKjVz

Worst run States

According to the Mercatus Center at George Mason University the worst-run states are, in order starting from the bottom: Illinois, Connecticut, New Jersey, Massachusetts, and Kentucky. The five best-run states are, in order: Nebraska, South Dakota... —  read more 

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Post ID: @VCrdv6A

Crazy Person

Anyone else think the rambling posts below are all posted by one disgruntled nut job? 🤷🏼‍♂️

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Post ID: @UlgA1SE

Outsourcing is the thing we do best!

Another terrible day to be an employee. They announced more outsourcing. This time it is the customer service folks. They keep cutting in Omaha and there won’t be much left. People are walking around worried about who is next.

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Post ID: @VgswBCU

How true

“The industry is not creating big ideas like it used to,” said Gary Stibel, founder and chief executive of New England Consulting Group. “There are line extensions du jour, but there are no major new innovations. In terms of advertising messaging... —  read more 

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Post ID: @UT2gzA6

S---ers LOL

Sean intentionally diluted stock value to purchase pinnacle. Stole the crisp stock from the employee benefit when ethically it wasn't his to take. This guy is a thief without morals. The investors are s---ers that will get undermined in the future... —  read more 

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Post ID: @U51gTBc

Say it is not so Sean another major lawsuit

NEW YORK, July 09, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following,Pinnacle Foods Inc. (PF)... —  read more 

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Post ID: @U6gVe47

More layoffs from Sean.

Conagra is closing Boomchickapop's Minneapolis headquarters and moving the work to its Chicago and Omaha offices. Packaged foods giant Conagra Brands Inc. bought Angie's Artisan Treats and its popular Boomchickapop popcorn brand in September for $250... —  read more 

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Post ID: @U0O8xOI

The Market hates it!!!! But Sean lives it.

ts $8.1 billion cash and stock deal to buy Pinnacle Foods Inc. isn’t sitting well with investors, who drove the food giant’s shares down the most in 1 1/2 years on Wednesday. Some may see the accord as too expensive even as it bolsters Conagra’s... —  read more 

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Post ID: @TSp74xq

Sean Connolly’s “RalCorp” moment?

It seems that Sean’s ego driven push to purchase Pinnacle Foods is following the exact same scenario as our late illustrious CEO Gary Rodkin did with RalCorp. At what cost to Conagra Brand’s employees? Get ready for more layoffs people... —  read more 

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| 1033 views | |
Post ID: @TRHV9IV

Seeking law firm info for a California class action

I received the letter in late May regarding a class action against Conagra Foods for the two locations in California, I'm seeking the law firms info to contact them. Hoping someone on here has that info, can't find anything online other than article... —  read more 

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| 745 views | |
Post ID: @TS1xbUb

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